HeBei MeiBang Engineering and Technology Co (BJSE:920471) Construction In Progress: ¥0.3 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920471 HeBei MeiBang Engineering and Technology Co Ltd BJSE:920471
79 GF Score
Price ¥12.01
GF Value ¥15.79
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is HeBei MeiBang Engineering and Technology Co Construction In Progress?

HeBei MeiBang Engineering and Technology Co BJSE:920471 79 Construction In Progress is ¥0.3 Mil as of Jun. 2026. GuruFocus rates BJSE:920471 with a GF Score™ of 79/100 and a GF Value™ of ¥15.79 (Modestly Undervalued). The stock has 5 warning signs investors should review.

HeBei MeiBang Engineering and Technology Co's quarterly construction in progress increased from Dec. 2025 (¥1.7 Mil) to Mar. 2026 (¥2.5 Mil) but then declined from Mar. 2026 (¥2.5 Mil) to Jun. 2026 (¥0.3 Mil).

HeBei MeiBang Engineering and Technology Co's annual construction in progress increased from Dec. 2023 (¥148.4 Mil) to Dec. 2024 (¥216.5 Mil) but then declined from Dec. 2024 (¥216.5 Mil) to Dec. 2025 (¥1.7 Mil).

HeBei MeiBang Engineering and Technology Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for HeBei MeiBang Engineering and Technology 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.

HeBei MeiBang Engineering and Technology Co Construction In Progress Chart

HeBei MeiBang Engineering and Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.58 5.77 148.40 216.45 1.71

HeBei MeiBang Engineering and Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 231.85 214.53 1.71 2.53 0.30
BJSE:920471
79GF Score
HeBei MeiBang Engineering and Technology Co Ltd BJSE:920471
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HeBei MeiBang Engineering and Technology 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.

What does a Construction In Progress of ¥0.3 Mil mean?
HeBei MeiBang Engineering and Technology Co (BJSE:920471) has a Construction In Progress of ¥0.3 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on HeBei MeiBang Engineering and Technology Co and its competitors.
Is HeBei MeiBang Engineering and Technology Co's Construction In Progress too high?
HeBei MeiBang Engineering and Technology Co's current Construction In Progress is ¥0.3 Mil. Overall, HeBei MeiBang Engineering and Technology Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HeBei MeiBang Engineering and Technology Co's Construction In Progress compare to LIN and SHW?
HeBei MeiBang Engineering and Technology Co's Construction In Progress of ¥0.3 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Chemicals company?
A good Construction In Progress depends on the Chemicals industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on HeBei MeiBang Engineering and Technology Co and its competitors. HeBei MeiBang Engineering and Technology Co's current Construction In Progress is ¥0.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeBei MeiBang Engineering and Technology Co stock overvalued right now?
Based on GuruFocus' analysis, HeBei MeiBang Engineering and Technology Co (BJSE:920471) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.79, compared to a current price of ¥12.01 — trading 23.9% below its estimated fair value. The current Construction In Progress is ¥0.3 Mil. HeBei MeiBang Engineering and Technology Co's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For HeBei MeiBang Engineering and Technology Co (BJSE:920471), the current Construction In Progress is ¥0.3 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HeBei MeiBang Engineering and Technology Co (BJSE:920471) Overvalued in 2026?

Based on GuruFocus' analysis, HeBei MeiBang Engineering and Technology Co stock appears to be undervalued. The current stock price of ¥12.01 is trading 23.9% below its estimated GF Value™ of ¥15.79. GuruFocus considers HeBei MeiBang Engineering and Technology Co to be Modestly Undervalued.

Key valuation signals for BJSE:920471:

  • Construction In Progress: ¥0.3 Mil
  • GF Value™: ¥15.79 vs. price of ¥12.01 (23.9% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the BJSE:920471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HeBei MeiBang Engineering and Technology Co Business Description

Address No. 312 Huaian East Road, High-tech Zone, Room 0801, Unit 01, Union Headquarters Office Building, Hebei Province, No. 1, Changjiu Center, Shijiazhuang, CHN, 050035
HeBei MeiBang Engineering and Technology Co Ltd engages in research and development, industrialization, and technical services of green manufacturing technology. It offers green technology, equipment, catalysts, and other solutions to customers in the fields of new chemical materials and biomedicine, including technical solution design, reaction, and separation system integration, technical advisory services, operational technical support, and after-sales service.
79GF Score

Get the complete analysis for BJSE:920471

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥12.01
Price
¥15.79
GF Value