Zhejiang Shibao Co (HKSE:01057) Construction In Progress: HK$160 Mil (As of Mar. 2026)

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HKSE:01057 Zhejiang Shibao Co Ltd HKSE:01057
85 GF Score
Price HK$3.48
GF Value HK$5.62
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Zhejiang Shibao Co Construction In Progress?

Zhejiang Shibao Co HKSE:01057 85 Construction In Progress is HK$160 Mil as of Mar. 2026. GuruFocus rates HKSE:01057 with a GF Score™ of 85/100 and a GF Value™ of HK$5.62 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Zhejiang Shibao Co's quarterly construction in progress increased from Sep. 2025 (HK$120 Mil) to Dec. 2025 (HK$148 Mil) and increased from Dec. 2025 (HK$148 Mil) to Mar. 2026 (HK$160 Mil).

Zhejiang Shibao Co's annual construction in progress increased from Dec. 2023 (HK$32 Mil) to Dec. 2024 (HK$67 Mil) and increased from Dec. 2024 (HK$67 Mil) to Dec. 2025 (HK$148 Mil).


Zhejiang Shibao Co Construction In Progress Historical Data

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The historical data trend for Zhejiang Shibao Co'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.

Zhejiang Shibao Co Construction In Progress Chart

Zhejiang Shibao Co 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 90.22 82.51 31.75 67.00 147.59

Zhejiang Shibao Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 84.96 106.10 120.41 147.59 160.37
HKSE:01057
85GF Score
Zhejiang Shibao Co Ltd HKSE:01057
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Shibao Co 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$160 Mil mean?
Zhejiang Shibao Co (HKSE:01057) has a Construction In Progress of HK$160 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Zhejiang Shibao Co and its competitors.
Is Zhejiang Shibao Co's Construction In Progress too high?
Zhejiang Shibao Co's current Construction In Progress is HK$160 Mil. Overall, Zhejiang Shibao Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shibao Co's Construction In Progress compare to ORLY and AZO?
Zhejiang Shibao Co's Construction In Progress of HK$160 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Zhejiang Shibao Co and its competitors. Zhejiang Shibao Co's current Construction In Progress is HK$160 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shibao Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shibao Co (HKSE:01057) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.62, compared to a current price of HK$3.48 — trading 38.1% below its estimated fair value. The current Construction In Progress is HK$160 Mil. Zhejiang Shibao Co's overall GF Score™ is 85/100 with 2 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 Zhejiang Shibao Co (HKSE:01057), the current Construction In Progress is HK$160 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 Zhejiang Shibao Co (HKSE:01057) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Shibao Co stock appears to be undervalued. The current stock price of HK$3.48 is trading 38.1% below its estimated GF Value™ of HK$5.62. GuruFocus considers Zhejiang Shibao Co to be Significantly Undervalued.

Key valuation signals for HKSE:01057:

  • Construction In Progress: HK$160 Mil
  • GF Value™: HK$5.62 vs. price of HK$3.48 (38.1% below fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01057 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Shibao Co Business Description

Other Exchanges W4K1:Germany002703:China
Address 228 Queen’s Road East, Unit C, 5th Floor, Jonsim Place, Wanchai, Hong Kong, HKG
Zhejiang Shibao Co Ltd is engaged in the development, design, manufacture, and sales of automotive steering gears and other key components and parts of the steering system. The company has five production sites in Hangzhou, Yiwu, Siping, and Wuhu, as well as a group research institute in Hangzhou and an automotive intelligent technology research and development center in Beijing. The company is capable of providing all kinds of steering products for commercial cars, passenger cars, and new energy cars. The company derives a majority of revenue domestically from China.
85GF Score

Get the complete analysis for HKSE:01057

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

HK$3.48
Price
HK$5.62
GF Value