China Renewable Energy Investment (HKSE:00987) Construction In Progress: HK$0.3 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:00987 China Renewable Energy Investment Ltd HKSE:00987
40 GF Score
Price HK$0.20
GF Value HK$0.12
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is China Renewable Energy Investment Construction In Progress?

China Renewable Energy Investment HKSE:00987 -4.31% 40 Construction In Progress is HK$0.3 Mil as of Dec. 2025. GuruFocus rates HKSE:00987 with a GF Score™ of 40/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 5 warning signs investors should review.

China Renewable Energy Investment's quarterly construction in progress increased from Dec. 2024 (HK$2.1 Mil) to Jun. 2025 (HK$2.3 Mil) but then declined from Jun. 2025 (HK$2.3 Mil) to Dec. 2025 (HK$0.3 Mil).

China Renewable Energy Investment's annual construction in progress increased from Dec. 2023 (HK$0.4 Mil) to Dec. 2024 (HK$2.1 Mil) but then declined from Dec. 2024 (HK$2.1 Mil) to Dec. 2025 (HK$0.3 Mil).


China Renewable Energy Investment Construction In Progress Historical Data

* Premium members only.

The historical data trend for China Renewable Energy Investment'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 Renewable Energy Investment Construction In Progress Chart

China Renewable Energy Investment 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 0.00 0.05 0.36 2.12 0.33

China Renewable Energy Investment 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 0.36 1.41 2.12 2.25 0.33
HKSE:00987
40GF Score
China Renewable Energy Investment Ltd HKSE:00987
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Renewable Energy Investment 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$0.3 Mil mean?
China Renewable Energy Investment (HKSE:00987) has a Construction In Progress of HK$0.3 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on China Renewable Energy Investment and its competitors.
Is China Renewable Energy Investment's Construction In Progress too high?
China Renewable Energy Investment's current Construction In Progress is HK$0.3 Mil. Overall, China Renewable Energy Investment has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Renewable Energy Investment's Construction In Progress compare to competitors?
China Renewable Energy Investment's Construction In Progress of HK$0.3 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 Renewable Energy Investment and its competitors. China Renewable Energy Investment's current Construction In Progress is HK$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 China Renewable Energy Investment stock overvalued right now?
Based on GuruFocus' analysis, China Renewable Energy Investment (HKSE:00987) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.20 — trading 66.7% above its estimated fair value. The current Construction In Progress is HK$0.3 Mil. China Renewable Energy Investment's overall GF Score™ is 40/100 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 China Renewable Energy Investment (HKSE:00987), the current Construction In Progress is HK$0.3 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 Renewable Energy Investment (HKSE:00987) Overvalued in 2026?

Based on GuruFocus' analysis, China Renewable Energy Investment stock appears to be overvalued. The current stock price of HK$0.20 is trading 66.7% above its estimated GF Value™ of HK$0.12. GuruFocus considers China Renewable Energy Investment to be Significantly Overvalued.

Key valuation signals for HKSE:00987:

  • Construction In Progress: HK$0.3 Mil
  • GF Value™: HK$0.12 vs. price of HK$0.20 (66.7% above fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Renewable Energy Investment Business Description

Address 75 Mody Road, 9th Floor, Tower 1, South Seas Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
China Renewable Energy Investment Ltd are principally engaged in renewable energy business. The Group has operations mainly in the People's Republic of China. It is an investment holding company. The Group has a single reportable segment which is renewable energy segment. The company's sales of electricity were all generated by the wind power plants and a distributed solar project of the group. Some of its projects are Danjinghe Wind Farm, Changma Wind Farm, Lunaobao Wind Farm, Songxian Wind Farm, Nanxun Distributed Solar Project.
40GF Score

Get the complete analysis for HKSE:00987

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

HK$0.20
Price
HK$0.12
GF Value