China HK Power Smart Energy Group (HKSE:00931) Construction In Progress: HK$312.3 Mil (As of Mar. 2026)

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HKSE:00931 China HK Power Smart Energy Group Ltd HKSE:00931
37 GF Score
Price HK$0.28
GF Value HK$0.61
Valuation Possible Value Trap
! 6 Warning Signs
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What is China HK Power Smart Energy Group Construction In Progress?

China HK Power Smart Energy Group HKSE:00931 -1.75% 37 Construction In Progress is HK$312.3 Mil as of Mar. 2026. GuruFocus rates HKSE:00931 with a GF Score™ of 37/100 and a GF Value™ of HK$0.61 (Possible Value Trap). The stock has 6 warning signs investors should review.

China HK Power Smart Energy Group's quarterly construction in progress declined from Mar. 2025 (HK$224.6 Mil) to Sep. 2025 (HK$137.8 Mil) but then increased from Sep. 2025 (HK$137.8 Mil) to Mar. 2026 (HK$312.3 Mil).

China HK Power Smart Energy Group's annual construction in progress increased from Mar. 2024 (HK$206.0 Mil) to Mar. 2025 (HK$224.6 Mil) and increased from Mar. 2025 (HK$224.6 Mil) to Mar. 2026 (HK$312.3 Mil).

China HK Power Smart Energy Group Construction In Progress Historical Data

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The historical data trend for China HK Power Smart Energy Group'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.

China HK Power Smart Energy Group Construction In Progress Chart

China HK Power Smart Energy Group Annual Data
Trend Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.20 184.83 206.02 224.58 312.27

China HK Power Smart Energy Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 206.02 145.95 224.58 137.81 312.27
HKSE:00931
37GF Score
China HK Power Smart Energy Group Ltd HKSE:00931
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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China HK Power Smart Energy Group 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$312.3 Mil mean?
China HK Power Smart Energy Group (HKSE:00931) has a Construction In Progress of HK$312.3 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on China HK Power Smart Energy Group and its competitors.
Is China HK Power Smart Energy Group's Construction In Progress too high?
China HK Power Smart Energy Group's current Construction In Progress is HK$312.3 Mil. Overall, China HK Power Smart Energy Group has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China HK Power Smart Energy Group's Construction In Progress compare to MPC and VLO?
China HK Power Smart Energy Group's Construction In Progress of HK$312.3 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 China HK Power Smart Energy Group and its competitors. China HK Power Smart Energy Group's current Construction In Progress is HK$312.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China HK Power Smart Energy Group stock overvalued right now?
Based on GuruFocus' analysis, China HK Power Smart Energy Group (HKSE:00931) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.61, compared to a current price of HK$0.28 — trading 54.1% below its estimated fair value. The current Construction In Progress is HK$312.3 Mil. China HK Power Smart Energy Group's overall GF Score™ is 37/100 with 6 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 China HK Power Smart Energy Group (HKSE:00931), the current Construction In Progress is HK$312.3 Mil as of Mar. 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 China HK Power Smart Energy Group (HKSE:00931) Overvalued in 2026?

Based on GuruFocus' analysis, China HK Power Smart Energy Group stock appears to be undervalued. The current stock price of HK$0.28 is trading 54.1% below its estimated GF Value™ of HK$0.61. GuruFocus considers China HK Power Smart Energy Group to be Possible Value Trap.

Key valuation signals for HKSE:00931:

  • Construction In Progress: HK$312.3 Mil
  • GF Value™: HK$0.61 vs. price of HK$0.28 (54.1% below fair value)
  • GF Score™: 37/100 with 6 warning signs

No single metric tells the full story. See the HKSE:00931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China HK Power Smart Energy Group Business Description

Industry EnergyOil & Gas
Address 33 Garden Road, St. John's Building, 8th Floor, Central, Hong Kong, HKG
China HK Power Smart Energy Group Ltd is engaged in the development of new energy businesses, which include investment, construction & operation of liquefied natural gas infrastructure, and financial leasing services. Its segments include: New energy business; NG business; and Financial services. The majority of revenue is from NG business, which includes: Sales and distribution of NG including wholesale of LNG and PNG, point-to-point supply of LNG, automobile gas stations, LNG pipeline network and provision of LNG logistic services in the PRC.
37GF Score

Get the complete analysis for HKSE:00931

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

HK$0.28
Price
HK$0.61
GF Value