JD.com (MEX:9618N) Construction In Progress: MXN14,432 Mil (As of Mar. 2026)


MEX:9618N JD.com Inc MEX:9618N
70 GF Score
Price MXN228.64
GF Value MXN349.36
Valuation Significantly Undervalued
! 3 Warning Signs
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What is JD.com Construction In Progress?

JD.com MEX:9618N 70 Construction In Progress is MXN14,432 Mil as of Mar. 2026. GuruFocus rates MEX:9618N with a GF Score™ of 70/100 and a GF Value™ of MXN349.36 (Significantly Undervalued). The stock has 3 warning signs investors should review.

JD.com's quarterly construction in progress declined from Sep. 2025 (MXN21,469 Mil) to Dec. 2025 (MXN16,625 Mil) and declined from Dec. 2025 (MXN16,625 Mil) to Mar. 2026 (MXN14,432 Mil).

JD.com's annual construction in progress declined from Dec. 2023 (MXN23,583 Mil) to Dec. 2024 (MXN17,657 Mil) and declined from Dec. 2024 (MXN17,657 Mil) to Dec. 2025 (MXN16,625 Mil).

JD.com Construction In Progress Historical Data

* Premium members only.

The historical data trend for JD.com'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.

JD.com Construction In Progress Chart

JD.com 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 18,735.17 31,211.16 23,582.61 17,656.89 16,624.70

JD.com 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 19,864.71 17,697.94 21,469.17 16,624.70 14,432.23
MEX:9618N
70GF Score
JD.com Inc MEX:9618N
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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JD.com 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 MXN14,432 Mil mean?
JD.com (MEX:9618N) has a Construction In Progress of MXN14,432 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on JD.com and its competitors.
Is JD.com's Construction In Progress too high?
JD.com's current Construction In Progress is MXN14,432 Mil. Overall, JD.com has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JD.com's Construction In Progress compare to CPNG and EBAY?
JD.com's Construction In Progress of MXN14,432 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Construction In Progress depends on the Retail - Cyclical 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 JD.com and its competitors. JD.com's current Construction In Progress is MXN14,432 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD.com stock overvalued right now?
Based on GuruFocus' analysis, JD.com (MEX:9618N) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN349.36, compared to a current price of MXN228.64 — trading 34.6% below its estimated fair value. The current Construction In Progress is MXN14,432 Mil. JD.com's overall GF Score™ is 70/100 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 JD.com (MEX:9618N), the current Construction In Progress is MXN14,432 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 JD.com (MEX:9618N) Overvalued in 2026?

Based on GuruFocus' analysis, JD.com stock appears to be undervalued. The current stock price of MXN228.64 is trading 34.6% below its estimated GF Value™ of MXN349.36. GuruFocus considers JD.com to be Significantly Undervalued.

Key valuation signals for MEX:9618N:

  • Construction In Progress: MXN14,432 Mil
  • GF Value™: MXN349.36 vs. price of MXN228.64 (34.6% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the MEX:9618N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JD.com Business Description

Address No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic & Technological Development Zone, Daxing District, Beijing, CHN, 101111
JD.com is the third-largest Chinese e-commerce platform by gross merchandise volume in 2025. It offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace, and omnichannel businesses.
70GF Score

Get the complete analysis for MEX:9618N

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

MXN228.64
Price
MXN349.36
GF Value