Hongli Zhihui Group Co (SZSE:300219) Construction In Progress : ¥81 Mil (As of Mar. 2024)

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What is Hongli Zhihui Group Co Construction In Progress?

Hongli Zhihui Group Co's quarterly construction in progress declined from Sep. 2023 (¥188 Mil) to Dec. 2023 (¥60 Mil) but then increased from Dec. 2023 (¥60 Mil) to Mar. 2024 (¥81 Mil).

Hongli Zhihui Group Co's annual construction in progress increased from Dec. 2021 (¥287 Mil) to Dec. 2022 (¥440 Mil) but then declined from Dec. 2022 (¥440 Mil) to Dec. 2023 (¥60 Mil).

Hongli Zhihui Group Co Construction In Progress Historical Data

The historical data trend for Hongli Zhihui 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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Hongli Zhihui Group Co Construction In Progress Chart

Hongli Zhihui Group Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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163.87

45.97

286.50

440.48

59.69

Hongli Zhihui 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															451.70	299.56	188.08	59.69	80.96

Hongli Zhihui 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.

Hongli Zhihui Group Co (SZSE:300219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hongli Zhihui Group Co Ltd (SZSE:300219) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Dongfeng Highway, Auto City Huadu, Guangzhou City, CHN, 510800

Website

http://www.honglitronic.com/cn/index.html

Hongli Zhihui Group Co Ltd is engaged in the production and development of SMD LEDs, COB LEDs, High Power LEDs, Automotive LEDs, UV LEDs, LAMP LEDs, and Infrared LEDs. Its products are widely used in applied in general lighting, TV backlight, 3C, automotive lighting, display and other fields.

Executives

Li Jun Dong	Directors, executives
Li Guo Ping	Director
Liu Xin Guo	Director
Jia He Chao	Directors, executives
Dong Jin Ling	Director
Deng Shou Tie	Directors, executives
Yong Xin	Supervisors
Sun Chang Yuan	Executives
Chen Shu Fen	Supervisors
Yang Yong Fa	Executives
Wang Yu Hong	Director
Lei Li Ning	Directors, executives
Shi Chao	Supervisors
Liu Yu Sheng	Executives

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