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GSP Automotive Group Wenzhou Co (SHSE:605088) Construction In Progress : ¥180 Mil (As of Mar. 2024)


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What is GSP Automotive Group Wenzhou Co Construction In Progress?

GSP Automotive Group Wenzhou Co's quarterly construction in progress increased from Sep. 2023 (¥110 Mil) to Dec. 2023 (¥144 Mil) and increased from Dec. 2023 (¥144 Mil) to Mar. 2024 (¥180 Mil).

GSP Automotive Group Wenzhou Co's annual construction in progress increased from Dec. 2021 (¥27 Mil) to Dec. 2022 (¥74 Mil) and increased from Dec. 2022 (¥74 Mil) to Dec. 2023 (¥144 Mil).


GSP Automotive Group Wenzhou Co Construction In Progress Historical Data

The historical data trend for GSP Automotive Group Wenzhou 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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GSP Automotive Group Wenzhou Co Construction In Progress Chart

GSP Automotive Group Wenzhou 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 13.68 9.75 26.98 73.71 143.86

GSP Automotive Group Wenzhou 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 73.58 96.97 109.60 143.86 179.61

GSP Automotive Group Wenzhou 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.


GSP Automotive Group Wenzhou Co (SHSE:605088) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gaoxiang Road,, Ouhai High-tech Industrial Park, Zhejiang Province, Wenzhou, CHN, 325006
GSP Automotive Group Wenzhou Co Ltd is engaged in the research, development, production and sales of automotive transmission system components. The company produces drive shafts, constant velocity joint kits, hub assemblies wheel bearings and rubber-to-metal components. Its product categories include Drive Shaft; CV Joint; Boot Kits; Hub Assembly; Wheel Bearing; Rubber Mounting; and Steering and Suspension.

GSP Automotive Group Wenzhou Co (SHSE:605088) Headlines

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