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China Testing & Certification International Group Co (SHSE:603060) Construction In Progress : ¥392 Mil (As of Mar. 2024)


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What is China Testing & Certification International Group Co Construction In Progress?

China Testing & Certification International Group Co's quarterly construction in progress declined from Sep. 2023 (¥458 Mil) to Dec. 2023 (¥355 Mil) but then increased from Dec. 2023 (¥355 Mil) to Mar. 2024 (¥392 Mil).

China Testing & Certification International Group Co's annual construction in progress increased from Dec. 2021 (¥224 Mil) to Dec. 2022 (¥375 Mil) but then declined from Dec. 2022 (¥375 Mil) to Dec. 2023 (¥355 Mil).


China Testing & Certification International Group Co Construction In Progress Historical Data

The historical data trend for China Testing & Certification International Group Co'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 Testing & Certification International Group Co Construction In Progress Chart

China Testing & Certification International Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.31 145.00 224.04 375.28 355.31

China Testing & Certification International Group Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 415.03 369.89 458.21 355.31 391.68

China Testing & Certification International Group Co 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 Testing & Certification International Group Co (SHSE:603060) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Guanzhuang Dongli, South Building, Research and Production Area, Chaoyang District, Beijing, CHN, 100024
China Building Material Test & Certification Group Co Ltd provides third-party inspection and certification services in the fields of building materials and construction engineering. Its service offering comprises certification, safety and instrument development services as well as extended services such as energy-saving emission reduction technology services, standardization services, personnel training and occupational skill identification. The company primarily serve the building materials and construction engineering enterprises, solar photovoltaic product production and application enterprises, carbon emission trading units, product quality and technical supervision departments, industrial and commercial management departments and safety production supervision departments.

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