Lizhong Sitong Light Alloys Group Co (SZSE:300428) Construction In Progress : ¥1,098 Mil (As of Mar. 2024)

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What is Lizhong Sitong Light Alloys Group Co Construction In Progress?

Lizhong Sitong Light Alloys Group Co's quarterly construction in progress declined from Sep. 2023 (¥1,417 Mil) to Dec. 2023 (¥1,140 Mil) and declined from Dec. 2023 (¥1,140 Mil) to Mar. 2024 (¥1,098 Mil).

Lizhong Sitong Light Alloys Group Co's annual construction in progress declined from Dec. 2021 (¥749 Mil) to Dec. 2022 (¥741 Mil) but then increased from Dec. 2022 (¥741 Mil) to Dec. 2023 (¥1,140 Mil).

Lizhong Sitong Light Alloys Group Co Construction In Progress Historical Data

The historical data trend for Lizhong Sitong Light Alloys 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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Lizhong Sitong Light Alloys Group Co Construction In Progress Chart

Lizhong Sitong Light Alloys Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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259.27

368.79

749.16

740.54

1,140.26

Lizhong Sitong Light Alloys 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															1,042.37	1,346.79	1,416.70	1,140.26	1,098.48

Lizhong Sitong Light Alloys 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.

Lizhong Sitong Light Alloys Group Co (SZSE:300428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lizhong Sitong Light Alloys Group Co Ltd (SZSE:300428) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No. 359, West Development Road, Qingyuan District, Baoding, CHN, 071100

Website

http://www.stnm.com.cn

Lizhong Sitong Light Alloys Group Co Ltd formerly Hebei Sitong New Metal Material Co Ltd is specialized in Research and Development, manufacturing and sales of functional intermediate alloys such as metal grain refinement, metallographic deterioration, element addition and metal purification. Its products include Aluminum base alloy, Magnesium based master alloy, Zinc-based intermediate alloy and Copper base alloy. Its main objective is to research and manufacture aluminum-based steel and aluminum-based copper materials, to promote the light weight of automobiles, rail transit, aerospace materials and the performance of electrical and electronic products.

Executives

Zang Yong Jian	Director
Zang Li Guo	Director
Zang Yong Yi	Director
Zang Yong Xing	Director
Wang Qing	Executives

Lizhong Sitong Light Alloys Group Co (SZSE:300428) Headlines

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