Joy Spreader Group (HKSE:06988) Construction In Progress: HK$ 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.
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What is Joy Spreader Group Construction In Progress?

Joy Spreader Group HKSE:06988 +8.62% Construction In Progress is HK$ Mil as of Jun. 2026. The stock has 5 warning signs investors should review.

Joy Spreader Group Construction In Progress Historical Data

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The historical data trend for Joy Spreader 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.

Joy Spreader Group Construction In Progress Chart

Joy Spreader Group Annual Data
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Joy Spreader Group Semi-Annual Data
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Joy Spreader 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$ Mil mean?
Joy Spreader Group (HKSE:06988) has a Construction In Progress of HK$ Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Joy Spreader Group and its competitors.
Is Joy Spreader Group's Construction In Progress too high?
Joy Spreader Group's current Construction In Progress is HK$ Mil.
How does Joy Spreader Group's Construction In Progress compare to APP and OMC?
Joy Spreader Group's Construction In Progress of HK$ Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Construction In Progress depends on the Media - Diversified 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 Joy Spreader Group and its competitors. Joy Spreader Group's current Construction In Progress is HK$ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joy Spreader Group stock overvalued right now?
Based on GuruFocus' analysis, Joy Spreader Group (HKSE:06988) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.06 — trading 57.5% above its estimated fair value. The current Construction In Progress is HK$ Mil. 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 Joy Spreader Group (HKSE:06988), the current Construction In Progress is HK$ 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.

Joy Spreader Group Business Description

Address Zone A, Building T18, Jiuxianqiao Diantong Creative Park, Chaoyang District, Beijing, CHN
Joy Spreader Group Inc is engaged in the provision of AI marketing business, AI overseas marketing business and provision of culture business. The company's segments include the Provision of performance-based we-media marketing services segment, which mainly comprises the provision of these marketing services to help its marketing customers direct to consumer, acquire new users and sales orders; and the AI overseas marketing segment comprises the sales of E-commerce goods and providing marketing services on an online platform. The Provision of culture business segment mainly comprises the short drama production and distribution. The Others segment mainly comprises the provision of the advisory service. Its maximum revenue from the Provision of performance-based we-media marketing services.