Maoye International Holdings (HKSE:00848) Construction In Progress: HK$891 Mil (As of Dec. 2025)

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.

HKSE:00848 Maoye International Holdings Ltd HKSE:00848
27 GF Score
Price HK$0.10
GF Value HK$0.11
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Maoye International Holdings Construction In Progress?

Maoye International Holdings HKSE:00848 -9.09% 27 Construction In Progress is HK$891 Mil as of Dec. 2025. GuruFocus rates HKSE:00848 with a GF Score™ of 27/100 and a GF Value™ of HK$0.11 (Fairly Valued). The stock has 3 warning signs investors should review.

Maoye International Holdings's quarterly construction in progress declined from Dec. 2024 (HK$770 Mil) to Jun. 2025 (HK$0 Mil) but then increased from Jun. 2025 (HK$0 Mil) to Dec. 2025 (HK$891 Mil).

Maoye International Holdings's annual construction in progress increased from Dec. 2023 (HK$647 Mil) to Dec. 2024 (HK$770 Mil) and increased from Dec. 2024 (HK$770 Mil) to Dec. 2025 (HK$891 Mil).


Maoye International Holdings Construction In Progress Historical Data

* Premium members only.

The historical data trend for Maoye International 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.

Maoye International Holdings Construction In Progress Chart

Maoye International 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 585.60 584.76 647.24 769.55 890.91

Maoye International 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 647.24 0.00 769.55 0.00 890.91
HKSE:00848
27GF Score
Maoye International Holdings Ltd HKSE:00848
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maoye International 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$891 Mil mean?
Maoye International Holdings (HKSE:00848) has a Construction In Progress of HK$891 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Maoye International Holdings and its competitors.
Is Maoye International Holdings' Construction In Progress too high?
Maoye International Holdings' current Construction In Progress is HK$891 Mil. Overall, Maoye International Holdings has a GF Score™ of 27/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maoye International Holdings' Construction In Progress compare to DDS?
Maoye International Holdings' Construction In Progress of HK$891 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Construction In Progress depends on the Retail - Cyclical 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 Maoye International Holdings and its competitors. Maoye International Holdings's current Construction In Progress is HK$891 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maoye International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Maoye International Holdings (HKSE:00848) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.10 — trading 9.1% below its estimated fair value. The current Construction In Progress is HK$891 Mil. Maoye International Holdings' overall GF Score™ is 27/100 with 3 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 Maoye International Holdings (HKSE:00848), the current Construction In Progress is HK$891 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 Maoye International Holdings (HKSE:00848) Overvalued in 2026?

Based on GuruFocus' analysis, Maoye International Holdings stock appears to be undervalued. The current stock price of HK$0.10 is trading 9.1% below its estimated GF Value™ of HK$0.11. GuruFocus considers Maoye International Holdings to be Fairly Valued.

Key valuation signals for HKSE:00848:

  • Construction In Progress: HK$891 Mil
  • GF Value™: HK$0.11 vs. price of HK$0.10 (9.1% below fair value)
  • GF Score™: 27/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maoye International Holdings Business Description

Address 4003 Shennan East Road, 38th Floor, Tower A, World Finance Centre, Luohu District, Shenzhen, CHN
Maoye International Holdings Ltd is engaged in the operation and management of department stores and property development. The company operates through the segments namely, The Operation of Department Stores segment comprises concessionaire, direct sales of merchandise, and leasing out of commercial properties, The Property Development segment engages in the development and sale of commercial and residential properties and leasing out of commercial properties other than for the operation of department stores, and The Others segment includes operations of hotels, and provision of ancillary. The company derives maximum revenue from the Operation of Department Stored segment.
27GF Score

Get the complete analysis for HKSE:00848

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

HK$0.10
Price
HK$0.11
GF Value