China Treasures New Materials Group (HKSE:02439) Construction In Progress: HK$673.3 Mil (As of Dec. 2025)


HKSE:02439 China Treasures New Materials Group Ltd HKSE:02439
64 GF Score
Price HK$0.34
GF Value HK$0.20
Valuation Significantly Overvalued
! 9 Warning Signs
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What is China Treasures New Materials Group Construction In Progress?

China Treasures New Materials Group HKSE:02439 -1.45% 64 Construction In Progress is HK$673.3 Mil as of Dec. 2025. GuruFocus rates HKSE:02439 with a GF Score™ of 64/100 and a GF Value™ of HK$0.20 (Significantly Overvalued). The stock has 9 warning signs investors should review.

China Treasures New Materials Group's quarterly construction in progress increased from Dec. 2024 (HK$0.0 Mil) to Jun. 2025 (HK$118.6 Mil) and increased from Jun. 2025 (HK$118.6 Mil) to Dec. 2025 (HK$673.3 Mil).

China Treasures New Materials Group's annual construction in progress declined from Dec. 2023 (HK$0.9 Mil) to Dec. 2024 (HK$0.0 Mil) but then increased from Dec. 2024 (HK$0.0 Mil) to Dec. 2025 (HK$673.3 Mil).

China Treasures New Materials Group Construction In Progress Historical Data

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The historical data trend for China Treasures New Materials 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 Treasures New Materials Group Construction In Progress Chart

China Treasures New Materials Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.49 0.38 0.90 0.00 673.34

China Treasures New Materials Group Semi-Annual Data
Dec19 Dec20 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 0.90 1.19 0.00 118.62 673.34
HKSE:02439
64GF Score
China Treasures New Materials Group Ltd HKSE:02439
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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China Treasures New Materials 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$673.3 Mil mean?
China Treasures New Materials Group (HKSE:02439) has a Construction In Progress of HK$673.3 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on China Treasures New Materials Group and its competitors.
Is China Treasures New Materials Group's Construction In Progress too high?
China Treasures New Materials Group's current Construction In Progress is HK$673.3 Mil. Overall, China Treasures New Materials Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Treasures New Materials Group's Construction In Progress compare to LIN and SHW?
China Treasures New Materials Group's Construction In Progress of HK$673.3 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Treasures New Materials Group and its competitors. China Treasures New Materials Group's current Construction In Progress is HK$673.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Treasures New Materials Group stock overvalued right now?
Based on GuruFocus' analysis, China Treasures New Materials Group (HKSE:02439) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.34 — trading 70% above its estimated fair value. The current Construction In Progress is HK$673.3 Mil. China Treasures New Materials Group's overall GF Score™ is 64/100 with 9 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 Treasures New Materials Group (HKSE:02439), the current Construction In Progress is HK$673.3 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 Treasures New Materials Group (HKSE:02439) Overvalued in 2026?

Based on GuruFocus' analysis, China Treasures New Materials Group stock appears to be overvalued. The current stock price of HK$0.34 is trading 70% above its estimated GF Value™ of HK$0.20. GuruFocus considers China Treasures New Materials Group to be Significantly Overvalued.

Key valuation signals for HKSE:02439:

  • Construction In Progress: HK$673.3 Mil
  • GF Value™: HK$0.20 vs. price of HK$0.34 (70% above fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the HKSE:02439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Treasures New Materials Group Business Description

Address No. 3, Jing\'Er Road, Jiutai Economic Development Zone, Kalun Industrial South Region, Jilin Province, Changchun, CHN
China Treasures New Materials Group Ltd mainly engages in developing and manufacturing biodegradable plastic products in Northeast China. Its biodegradable plastic products mainly come in biodegradable roll bags. The Group provides biodegradable plastic products, including biodegradable masterbatches that can be used to produce biodegradable plastic products. It has two reportable and operating segments: development and manufacture of biodegradable plastic products, and development and manufacture of non-biodegradable automobile plastic parts. The Group generates the majority of its revenue from the development and manufacture of biodegradable plastic products. Geographically, it generates maximum revenue from the People's Republic of China (PRC).
64GF Score

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

HK$0.34
Price
HK$0.20
GF Value