Genesis Scale Holdings (HKSE:00439) Construction In Progress: HK$475.39 Mil (As of Dec. 2025)


HKSE:00439 Genesis Scale Holdings Ltd HKSE:00439
50 GF Score
Price HK$0.57
GF Value HK$1.32
Valuation Possible Value Trap
! 5 Warning Signs
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What is Genesis Scale Holdings Construction In Progress?

Genesis Scale Holdings HKSE:00439 +7.55% 50 Construction In Progress is HK$475.39 Mil as of Dec. 2025. GuruFocus rates HKSE:00439 with a GF Score™ of 50/100 and a GF Value™ of HK$1.32 (Possible Value Trap). The stock has 5 warning signs investors should review.

Genesis Scale Holdings's quarterly construction in progress increased from Dec. 2024 (HK$442.55 Mil) to Jun. 2025 (HK$463.88 Mil) and increased from Jun. 2025 (HK$463.88 Mil) to Dec. 2025 (HK$475.39 Mil).

Genesis Scale Holdings's annual construction in progress declined from Dec. 2023 (HK$443.08 Mil) to Dec. 2024 (HK$442.55 Mil) but then increased from Dec. 2024 (HK$442.55 Mil) to Dec. 2025 (HK$475.39 Mil).


Genesis Scale Holdings Construction In Progress Historical Data

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The historical data trend for Genesis Scale Holdings'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.

Genesis Scale Holdings Construction In Progress Chart

Genesis Scale Holdings 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 446.91 437.40 443.08 442.55 475.39

Genesis Scale Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 443.08 437.54 442.55 463.88 475.39
HKSE:00439
50GF Score
Genesis Scale Holdings Ltd HKSE:00439
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Genesis Scale Holdings 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 HK$475.39 Mil mean?
Genesis Scale Holdings (HKSE:00439) has a Construction In Progress of HK$475.39 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Genesis Scale Holdings and its competitors.
Is Genesis Scale Holdings' Construction In Progress too high?
Genesis Scale Holdings' current Construction In Progress is HK$475.39 Mil. Overall, Genesis Scale Holdings has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Genesis Scale Holdings' Construction In Progress compare to SPCX and GE?
Genesis Scale Holdings' Construction In Progress of HK$475.39 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Genesis Scale Holdings and its competitors. Genesis Scale Holdings's current Construction In Progress is HK$475.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Scale Holdings stock overvalued right now?
Based on GuruFocus' analysis, Genesis Scale Holdings (HKSE:00439) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.32, compared to a current price of HK$0.57 — trading 56.8% below its estimated fair value. The current Construction In Progress is HK$475.39 Mil. Genesis Scale Holdings' overall GF Score™ is 50/100 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 Genesis Scale Holdings (HKSE:00439), the current Construction In Progress is HK$475.39 Mil as of Dec. 2025. 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 Genesis Scale Holdings (HKSE:00439) Overvalued in 2026?

Based on GuruFocus' analysis, Genesis Scale Holdings stock appears to be undervalued. The current stock price of HK$0.57 is trading 56.8% below its estimated GF Value™ of HK$1.32. GuruFocus considers Genesis Scale Holdings to be Possible Value Trap.

Key valuation signals for HKSE:00439:

  • Construction In Progress: HK$475.39 Mil
  • GF Value™: HK$1.32 vs. price of HK$0.57 (56.8% below fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Genesis Scale Holdings Business Description

Address No. 1, Mawu Road, Yuanshan Street, 301-B077, Building 2, Baoan Community, Shenzhen, CHN, 518115
Genesis Scale Holdings Ltd is engaged in the provision of AI-empowered terminal products and integrated technical services and solutions in different verticals. The company is also engaged in design, production and manufacturing of high-end industrial components. The products and serices of the company include Police Smart Helmet, and Smart Fire Helmets. Geographically, the company derives its revenue from PRC.
50GF Score

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

HK$0.57
Price
HK$1.32
GF Value