China Merchants Land (HKSE:00978) Construction In Progress: HK$0 Mil (As of Dec. 2025)

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HKSE:00978 China Merchants Land Ltd HKSE:00978
44 GF Score
Price HK$0.24
GF Value HK$0.32
Valuation Modestly Undervalued
! 8 Warning Signs
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What is China Merchants Land Construction In Progress?

China Merchants Land HKSE:00978 +0.42% 44 Construction In Progress is HK$0 Mil as of Dec. 2025. GuruFocus rates HKSE:00978 with a GF Score™ of 44/100 and a GF Value™ of HK$0.32 (Modestly Undervalued). The stock has 8 warning signs investors should review.

China Merchants Land Construction In Progress Historical Data

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The historical data trend for China Merchants Land'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 Merchants Land Construction In Progress Chart

China Merchants Land Annual Data
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Construction In Progress
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China Merchants Land Semi-Annual Data
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HKSE:00978
44GF Score
China Merchants Land Ltd HKSE:00978
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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China Merchants Land 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$0 Mil mean?
China Merchants Land (HKSE:00978) has a Construction In Progress of HK$0 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on China Merchants Land and its competitors.
Is China Merchants Land's Construction In Progress too high?
China Merchants Land's current Construction In Progress is HK$0 Mil. Overall, China Merchants Land has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Land's Construction In Progress compare to competitors?
China Merchants Land's Construction In Progress of HK$0 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Construction In Progress depends on the Real Estate 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 Merchants Land and its competitors. China Merchants Land's current Construction In Progress is HK$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Land stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Land (HKSE:00978) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.32, compared to a current price of HK$0.24 — trading 24.7% below its estimated fair value. The current Construction In Progress is HK$0 Mil. China Merchants Land's overall GF Score™ is 44/100 with 8 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 Merchants Land (HKSE:00978), the current Construction In Progress is HK$0 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 China Merchants Land (HKSE:00978) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Land stock appears to be undervalued. The current stock price of HK$0.24 is trading 24.7% below its estimated GF Value™ of HK$0.32. GuruFocus considers China Merchants Land to be Modestly Undervalued.

Key valuation signals for HKSE:00978:

  • Construction In Progress: HK$0 Mil
  • GF Value™: HK$0.32 vs. price of HK$0.24 (24.7% below fair value)
  • GF Score™: 44/100 with 8 warning signs

No single metric tells the full story. See the HKSE:00978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Merchants Land Business Description

Other Exchanges TNY1:Germany
Address No. 303 Des Voeux Road Central, 8th Floor, China Merchants Plaza, Hong Kong, HKG
China Merchants Land Ltd is an investment holding company. The company is principally engaged in the development, sale, lease, investment and management of properties; assets management; and investment holding activities. The company has two operating segment Development and sales of properties and property leasing (Properties Segment); and Asset management for office premises and shopping malls (Asset Management Segment). The company generated majority of revenue from Properties Segment. The company has presence in Foshan, Guangzhou, Nanjing and Jurong, Chongqing, Xi'an, and Hong Kong.
44GF Score

Get the complete analysis for HKSE:00978

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

HK$0.24
Price
HK$0.32
GF Value