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Xinhuanet Co (SHSE:603888) Construction In Progress : ¥287 Mil (As of Mar. 2024)


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What is Xinhuanet Co Construction In Progress?

Xinhuanet Co's quarterly construction in progress declined from Sep. 2023 (¥306 Mil) to Dec. 2023 (¥284 Mil) but then increased from Dec. 2023 (¥284 Mil) to Mar. 2024 (¥287 Mil).

Xinhuanet Co's annual construction in progress increased from Dec. 2021 (¥283 Mil) to Dec. 2022 (¥296 Mil) but then declined from Dec. 2022 (¥296 Mil) to Dec. 2023 (¥284 Mil).


Xinhuanet Co Construction In Progress Historical Data

The historical data trend for Xinhuanet 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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Xinhuanet Co Construction In Progress Chart

Xinhuanet 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 324.05 298.46 282.69 295.63 283.59

Xinhuanet 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 298.92 300.57 306.23 283.59 286.58

Xinhuanet 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.


Xinhuanet Co (SHSE:603888) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Beixing Road (East Section), 101, 1-5, Building 12, Daxing District, Beijing, CHN, 100162
Xinhuanet Co Ltd operates in the internet content and information industry. It owns and manages a news information service portals in China. Its business activities are divided into the following: online advertising, information services, website construction, technical services and mobile internet. Its online advertising business provides full-screen shrink, rear projection, streaming media and other forms of advertising. Its information services include multimedia information services and big data intelligent analysis services. The website construction and technical service business engage in website construction, content management and operation. The mobile internet business provides mobile internet content information services through text, images, voice, video and other forms.

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