MLLUY (Metallurgical of China) Construction In Progress: $747 Mil (As of Mar. 2026)


MLLUY Metallurgical Corp of China Ltd MLLUY
65 GF Score
Price $3.56
GF Value $3.41
Valuation Fairly Valued
! 6 Warning Signs
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What is Metallurgical of China Construction In Progress?

Metallurgical of China MLLUY 65 Construction In Progress is $747 Mil as of Mar. 2026. GuruFocus rates MLLUY with a GF Score™ of 65/100 and a GF Value™ of $3.41 (Fairly Valued). The stock has 6 warning signs investors should review.

Metallurgical of China's quarterly construction in progress declined from Sep. 2025 ($879 Mil) to Dec. 2025 ($674 Mil) but then increased from Dec. 2025 ($674 Mil) to Mar. 2026 ($747 Mil).

Metallurgical of China's annual construction in progress increased from Dec. 2023 ($536 Mil) to Dec. 2024 ($755 Mil) but then declined from Dec. 2024 ($755 Mil) to Dec. 2025 ($674 Mil).

Metallurgical of China Construction In Progress Historical Data

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The historical data trend for Metallurgical of China'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.

Metallurgical of China Construction In Progress Chart

Metallurgical of China 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 687.55 584.84 536.48 754.60 674.08

Metallurgical of China 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 780.79 823.77 879.46 674.08 747.15
MLLUY
65GF Score
Metallurgical Corp of China Ltd MLLUY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Metallurgical of China 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 $747 Mil mean?
Metallurgical of China (MLLUY) has a Construction In Progress of $747 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Metallurgical of China and its competitors.
Is Metallurgical of China's Construction In Progress too high?
Metallurgical of China's current Construction In Progress is $747 Mil. Overall, Metallurgical of China has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metallurgical of China's Construction In Progress compare to PWR and FIX?
Metallurgical of China's Construction In Progress of $747 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 Metallurgical of China and its competitors. Metallurgical of China's current Construction In Progress is $747 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metallurgical of China stock overvalued right now?
Based on GuruFocus' analysis, Metallurgical of China (MLLUY) is currently considered Fairly Valued. The stock's GF Value™ is $3.41, compared to a current price of $3.56 — trading 4.3% above its estimated fair value. The current Construction In Progress is $747 Mil. Metallurgical of China's overall GF Score™ is 65/100 with 6 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 Metallurgical of China (MLLUY), the current Construction In Progress is $747 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 Metallurgical of China (MLLUY) Overvalued in 2026?

Based on GuruFocus' analysis, Metallurgical of China stock appears to be overvalued. The current stock price of $3.56 is trading 4.3% above its estimated GF Value™ of $3.41. GuruFocus considers Metallurgical of China to be Fairly Valued.

Key valuation signals for MLLUY:

  • Construction In Progress: $747 Mil
  • GF Value™: $3.41 vs. price of $3.56 (4.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs

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

Metallurgical of China Business Description

Address 28, Shuguang Xili, MCC Tower, Chaoyang District, Beijing, CHN, 100028
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating mainly in China. Its core activities include providing engineering, construction, and operational services for the iron and steel and non-ferrous metallurgy projects. The Group is also engaged in industrial construction across sectors such as electronics, precision manufacturing, light industry, petrochemicals, and power engineering, among others. Additionally, it undertakes capital construction projects, delivering full life-cycle services for urban renewal, residential, commercial, and office developments, infrastructure construction, and smart city development. The Group's reporting business segments are: Engineering Contracting, which generates the maximum revenue, and Featured Businesses.
65GF Score

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

$3.56
Price
$3.41
GF Value