China Shipbuilding Industry (SHSE:601989) Construction In Progress : ¥1,964 Mil (As of Mar. 2024)

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What is China Shipbuilding Industry Construction In Progress?

China Shipbuilding Industry's quarterly construction in progress declined from Sep. 2023 (¥2,537 Mil) to Dec. 2023 (¥1,929 Mil) but then increased from Dec. 2023 (¥1,929 Mil) to Mar. 2024 (¥1,964 Mil).

China Shipbuilding Industry's annual construction in progress declined from Dec. 2021 (¥3,846 Mil) to Dec. 2022 (¥2,576 Mil) and declined from Dec. 2022 (¥2,576 Mil) to Dec. 2023 (¥1,929 Mil).

China Shipbuilding Industry Construction In Progress Historical Data

The historical data trend for China Shipbuilding Industry's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Shipbuilding Industry Construction In Progress Chart

China Shipbuilding Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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4,740.55

4,570.52

3,846.39

2,576.45

1,928.73

China Shipbuilding Industry Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															2,715.08	2,439.10	2,536.73	1,928.73	1,964.19

China Shipbuilding Industry Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

China Shipbuilding Industry (SHSE:601989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China Shipbuilding Industry Corp (SHSE:601989) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Hunan Road, Kunming, Haidian District, Beijing, CHN, 100097

Website

http://www.csicl.com.cn

China Shipbuilding Industry Corp is engaged in the designing, manufacturing and repairing of ships. The company also manufactures marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship supporting and electromechanical equipment, military-civilian integration strategy emerging industries. The main developer and supplier of domestic naval equipment is responsible for the manufacturing of naval main battle equipment and core ancillary equipment such as aircraft carriers, surface ships, conventional submarines, and underwater weapons.

China Shipbuilding Industry (SHSE:601989) Headlines

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