Golden Power Group Holdings (HKSE:03919) Construction In Progress: HK$25.3 Mil (As of Jun. 2026)

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:03919 Golden Power Group Holdings Ltd HKSE:03919
39 GF Score
Price HK$1.09
GF Value HK$0.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Golden Power Group Holdings Construction In Progress?

Golden Power Group Holdings HKSE:03919 -14.84% 39 Construction In Progress is HK$25.3 Mil as of Jun. 2026. GuruFocus rates HKSE:03919 with a GF Score™ of 39/100 and a GF Value™ of HK$0.85 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Golden Power Group Holdings's quarterly construction in progress increased from Jun. 2025 (HK$15.9 Mil) to Dec. 2025 (HK$139.5 Mil) but then declined from Dec. 2025 (HK$139.5 Mil) to Jun. 2026 (HK$25.3 Mil).

Golden Power Group Holdings's annual construction in progress declined from Dec. 2023 (HK$156.7 Mil) to Dec. 2024 (HK$131.7 Mil) but then increased from Dec. 2024 (HK$131.7 Mil) to Dec. 2025 (HK$139.5 Mil).


Golden Power Group Holdings Construction In Progress Historical Data

* Premium members only.

The historical data trend for Golden Power Group Holdings'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.

Golden Power Group Holdings Construction In Progress Chart

Golden Power Group Holdings 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 132.38 138.20 156.66 131.75 139.46

Golden Power Group Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 7.70 131.75 15.88 139.46 25.29
HKSE:03919
39GF Score
Golden Power Group Holdings Ltd HKSE:03919
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Power Group Holdings 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$25.3 Mil mean?
Golden Power Group Holdings (HKSE:03919) has a Construction In Progress of HK$25.3 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Golden Power Group Holdings and its competitors.
Is Golden Power Group Holdings' Construction In Progress too high?
Golden Power Group Holdings' current Construction In Progress is HK$25.3 Mil. Overall, Golden Power Group Holdings has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golden Power Group Holdings' Construction In Progress compare to VRT and BE?
Golden Power Group Holdings' Construction In Progress of HK$25.3 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Golden Power Group Holdings and its competitors. Golden Power Group Holdings's current Construction In Progress is HK$25.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Power Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Golden Power Group Holdings (HKSE:03919) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.85, compared to a current price of HK$1.09 — trading 28.2% above its estimated fair value. The current Construction In Progress is HK$25.3 Mil. Golden Power Group Holdings' overall GF Score™ is 39/100 with 3 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 Golden Power Group Holdings (HKSE:03919), the current Construction In Progress is HK$25.3 Mil as of Jun. 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 Golden Power Group Holdings (HKSE:03919) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Power Group Holdings stock appears to be overvalued. The current stock price of HK$1.09 is trading 28.2% above its estimated GF Value™ of HK$0.85. GuruFocus considers Golden Power Group Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:03919:

  • Construction In Progress: HK$25.3 Mil
  • GF Value™: HK$0.85 vs. price of HK$1.09 (28.2% above fair value)
  • GF Score™: 39/100 with 3 warning signs

No single metric tells the full story. See the HKSE:03919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Power Group Holdings Business Description

Address 57 Ting Kok Road, Flat C, 20th Floor, Block 1, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG
Golden Power Group Holdings Ltd is principally engaged in the manufacture and sale of a broad range of batteries for various electronic devices to the PRC, Hong Kong, and international markets under its own brand Golden Power and the brands of its private label and OEM customers. The Group is a battery manufacturer offering a diverse array of battery products globally. Its products are mainly categorised into two segments: disposable batteries, including cylindrical batteries and microbutton cells; and rechargeable batteries and other battery-related products, including battery chargers, battery power packs, and electric fans. Rechargeable batteries and other battery-related products generate maximum revenue. It generates maximum revenue from Europe.
39GF Score

Get the complete analysis for HKSE:03919

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

HK$1.09
Price
HK$0.85
GF Value