Newegg Commerce (NEGG) Construction in Progress (2018 - 2022)
Newegg Commerce (NEGG) posted Construction in Progress of $2.5 million for Q3 2022, down 51.54% sequentially from $5.3 million in Q2 2022, and down 64.47% YoY from $7.2 million in Q3 2021.
Newegg Commerce (NEGG) Construction in Progress (2018 - 2022) Analysis & Trends
Newegg Commerce has reported Construction in Progress for 5 years, with the latest figure at $2.5 million in Q3 2022.
- Quarterly Construction in Progress fell 64.47% year-over-year to $2.5 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $2.5 million (down 64.47% YoY) and the FY2021 annual result came in at $7.7 million, down 17.23% from the prior year.
- Construction in Progress declined to $2.5 million in Q3 2022 per NEGG's latest filing, from $5.3 million in the prior quarter.
- Over five years, Construction in Progress peaked at $9.2 million in Q4 2020 and troughed at $223772.0 in Q4 2018.
- A 5-year average of $5.0 million and a median of $6.2 million in 2021 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2021 and 2022: Construction in Progress decreased 17.23% in 2021, then slumped 64.47% in 2022.
- Over 5 years, Construction in Progress stood at $223772.0 in 2018, then rose by 0.17% to $224147.0 in 2019, then jumped by 4025.42% to $9.2 million in 2020, then fell by 17.23% to $7.7 million in 2021, then plunged by 66.71% to $2.5 million in 2022.
- According to Business Quant data, Construction in Progress over the past three periods registered $2.5 million, $5.3 million, and $7.7 million for Q3 2022, Q2 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.52 Bn | 2,819.53 Bn | 198.88 Bn | - |
| 2 | PDD Holdings | 506.40 Bn | 446.86 Bn | 9.83 Bn | - |
| 3 | Mercadolibre | 98.49 Bn | 83.30 Bn | 4.16 Bn | - |
| 4 | DoorDash | 92.97 Bn | 87.62 Bn | 2.35 Bn | - |
| 5 | JD.com | 87.31 Bn | 58.13 Bn | 7.66 Bn | 796.35 Mn |
| 6 | Sea | 78.18 Bn | 69.66 Bn | 3.15 Bn | - |
| 7 | Ebay | 47.28 Bn | 43.97 Bn | 2.30 Bn | - |
| 8 | Coupang | 29.61 Bn | 23.50 Bn | 2.49 Bn | - |
| 9 | Zkh | 16.42 Bn | 16.42 Bn | 51.11 Mn | - |
| 10 | Newegg Commerce | 380,556.88 | -108.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 2.55 Mn |
| Jun 30, 2022 | 5.26 Mn |
| Dec 31, 2021 | 7.65 Mn |
| Sep 30, 2021 | 7.17 Mn |
| Jun 30, 2021 | 7.35 Mn |
| Dec 31, 2020 | 9.25 Mn |
| Jun 30, 2019 | 224,147.00 |
| Dec 31, 2018 | 223,772.00 |