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Changzhou Fusion New Material Co (SHSE:688503) Construction In Progress : ¥15 Mil (As of Mar. 2024)


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What is Changzhou Fusion New Material Co Construction In Progress?

Changzhou Fusion New Material Co's quarterly construction in progress increased from Sep. 2023 (¥29 Mil) to Dec. 2023 (¥43 Mil) but then declined from Dec. 2023 (¥43 Mil) to Mar. 2024 (¥15 Mil).

Changzhou Fusion New Material Co's annual construction in progress declined from Dec. 2021 (¥43 Mil) to Dec. 2022 (¥2 Mil) but then increased from Dec. 2022 (¥2 Mil) to Dec. 2023 (¥43 Mil).

Changzhou Fusion New Material Co Construction In Progress Historical Data

The historical data trend for Changzhou Fusion New Material 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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Changzhou Fusion New Material Co Construction In Progress Chart

Changzhou Fusion New Material Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial - 0.92 42.60 2.10 43.31

Changzhou Fusion New Material Co Quarterly Data
Dec18 Dec19 Mar20 Dec20 Mar21 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 15.89 20.98 28.80 43.31 14.63

Changzhou Fusion New Material 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.

Changzhou Fusion New Material Co (SHSE:688503) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changzhou Fusion New Material Co Ltd (SHSE:688503) » Definitions » Construction In Progress
Comparable Companies
SHSE:688408 SZSE:300827 SZSE:002610 SZSE:300393 SHSE:600537 SHSE:603105 SZSE:002218 SZSE:301162 SZSE:002506 SHSE:603366 FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 HKSE:00968 SHSE:600732 SEDG HKSE:03800
Traded in Other Exchanges
N/A
Address
No. 66 Liuyanghe Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031
Website
http://www.fusion-cz.com
Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.
Executives
Ren Yi Chao Core technical personnel

Changzhou Fusion New Material Co (SHSE:688503) Headlines

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