Avicopter (SHSE:600038) Construction In Progress: ¥522 Mil (As of Mar. 2026)


SHSE:600038 Avicopter PLC SHSE:600038
45 GF Score
Price ¥25.29
GF Value ¥41.97
Valuation Possible Value Trap
! 11 Warning Signs
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What is Avicopter Construction In Progress?

Avicopter SHSE:600038 +1.12% 45 Construction In Progress is ¥522 Mil as of Mar. 2026. GuruFocus rates SHSE:600038 with a GF Score™ of 45/100 and a GF Value™ of ¥41.97 (Possible Value Trap). The stock has 11 warning signs investors should review.

Avicopter's quarterly construction in progress declined from Sep. 2025 (¥543 Mil) to Dec. 2025 (¥499 Mil) but then increased from Dec. 2025 (¥499 Mil) to Mar. 2026 (¥522 Mil).

Avicopter's annual construction in progress declined from Dec. 2023 (¥669 Mil) to Dec. 2024 (¥470 Mil) but then increased from Dec. 2024 (¥470 Mil) to Dec. 2025 (¥499 Mil).

Avicopter Construction In Progress Historical Data

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The historical data trend for Avicopter'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.

Avicopter Construction In Progress Chart

Avicopter 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 100.34 86.25 669.29 469.82 498.79

Avicopter 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 549.51 480.58 543.40 498.79 521.89
SHSE:600038
45GF Score
Avicopter PLC SHSE:600038
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Avicopter 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 ¥522 Mil mean?
Avicopter (SHSE:600038) has a Construction In Progress of ¥522 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Avicopter and its competitors.
Is Avicopter's Construction In Progress too high?
Avicopter's current Construction In Progress is ¥522 Mil. Overall, Avicopter has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Avicopter's Construction In Progress compare to SPCX and GE?
Avicopter's Construction In Progress of ¥522 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Avicopter and its competitors. Avicopter's current Construction In Progress is ¥522 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avicopter stock overvalued right now?
Based on GuruFocus' analysis, Avicopter (SHSE:600038) is currently considered Possible Value Trap. The stock's GF Value™ is ¥41.97, compared to a current price of ¥25.29 — trading 39.7% below its estimated fair value. The current Construction In Progress is ¥522 Mil. Avicopter's overall GF Score™ is 45/100 with 11 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 Avicopter (SHSE:600038), the current Construction In Progress is ¥522 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 Avicopter (SHSE:600038) Overvalued in 2026?

Based on GuruFocus' analysis, Avicopter stock appears to be undervalued. The current stock price of ¥25.29 is trading 39.7% below its estimated GF Value™ of ¥41.97. GuruFocus considers Avicopter to be Possible Value Trap.

Key valuation signals for SHSE:600038:

  • Construction In Progress: ¥522 Mil
  • GF Value™: ¥41.97 vs. price of ¥25.29 (39.7% below fair value)
  • GF Score™: 45/100 with 11 warning signs

No single metric tells the full story. See the SHSE:600038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Avicopter Business Description

Address No. 14, Xiaoguandongli, 7th Floor, Building A, Chaoyang District, Beijing, CHN, 100029
Avicopter PLC is a China-based company engaged in the production and distribution of aerospace products. The company's core offerings include helicopter models such as the AC311, AC312, and AC313, along with associated parts and components. The company also provides consulting and technical services related to aerospace technology and engages in import and export trading activities.
45GF Score

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

¥25.29
Price
¥41.97
GF Value