Shanghai Kinetic Medical Co (SZSE:300326) Construction In Progress : ¥4.6 Mil (As of Mar. 2024)

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What is Shanghai Kinetic Medical Co Construction In Progress?

Shanghai Kinetic Medical Co's quarterly construction in progress declined from Sep. 2023 (¥13.4 Mil) to Dec. 2023 (¥1.2 Mil) but then increased from Dec. 2023 (¥1.2 Mil) to Mar. 2024 (¥4.6 Mil).

Shanghai Kinetic Medical Co's annual construction in progress increased from Dec. 2021 (¥10.7 Mil) to Dec. 2022 (¥11.4 Mil) but then declined from Dec. 2022 (¥11.4 Mil) to Dec. 2023 (¥1.2 Mil).

Shanghai Kinetic Medical Co Construction In Progress Historical Data

The historical data trend for Shanghai Kinetic Medical 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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Shanghai Kinetic Medical Co Construction In Progress Chart

Shanghai Kinetic Medical Co Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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26.07

4.24

10.69

11.38

1.15

Shanghai Kinetic Medical 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															9.62	7.84	13.38	1.15	4.56

Shanghai Kinetic Medical 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.

Shanghai Kinetic Medical Co (SZSE:300326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Kinetic Medical Co Ltd (SZSE:300326) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

Floor 2, Building 23, No. 528, Ruiqing Road, Zhangjiang Hi-Te, Shanghai, CHN, 201201

Website

http://www.kineticmedinc.com.cn

Shanghai Kinetic Medical Co Ltd is engaged in the manufacturing and distribution of medical devices in China. The company provides products for multidisciplinary specialties including orthopedics, cardiovascular and sports medicine. Its product offering includes primom spinal fixation system, kyphoplasty systems, vertebral osteotome, bone cement delivery systems, injection guns and multifunctional tools.

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