Tung Ho Steel Enterprise (TPE:2006) Construction In Progress : NT$61 Mil (As of Mar. 2024)

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What is Tung Ho Steel Enterprise Construction In Progress?

Tung Ho Steel Enterprise's quarterly construction in progress declined from Sep. 2023 (NT$56 Mil) to Dec. 2023 (NT$54 Mil) but then increased from Dec. 2023 (NT$54 Mil) to Mar. 2024 (NT$61 Mil).

Tung Ho Steel Enterprise's annual construction in progress declined from Dec. 2021 (NT$156 Mil) to Dec. 2022 (NT$69 Mil) and declined from Dec. 2022 (NT$69 Mil) to Dec. 2023 (NT$54 Mil).

Tung Ho Steel Enterprise Construction In Progress Historical Data

The historical data trend for Tung Ho Steel Enterprise'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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Tung Ho Steel Enterprise Construction In Progress Chart

Tung Ho Steel Enterprise Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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60.67

155.87

69.45

53.51

Tung Ho Steel Enterprise 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															61.50	66.54	56.01	53.51	61.49

Tung Ho Steel Enterprise 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.

Tung Ho Steel Enterprise (TPE:2006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tung Ho Steel Enterprise Corp (TPE:2006) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 10441

Website

https://www.tunghosteel.com

Tung Ho Steel Enterprise Corp is a Taiwan-based company that is primarily engaged in the manufacturing and distribution of steel products. The company's product portfolio includes rebar, which is primarily applied in building projects, including high-rises, factories, public construction, and social welfare initiatives; steel section, which is used in buildings (steel structures) and other construction projects (bridges, ships, vehicles, and so on); and steel plate, which is broadly utilized in factories, logistics warehouses, office and residential buildings, bridges, and other buildings. Rebar and steel section account for the majority of the company's revenue. The company generates most of its sales from the Taiwan domestic market.

Tung Ho Steel Enterprise (TPE:2006) Headlines

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