State Grid Informationmmunication Co (SHSE:600131) Construction In Progress: ¥13 Mil (As of Mar. 2026)

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SHSE:600131 State Grid Information & Communication Co Ltd SHSE:600131
87 GF Score
Price ¥14.10
GF Value ¥21.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is State Grid Informationmmunication Co Construction In Progress?

State Grid Informationmmunication Co SHSE:600131 -1.54% 87 Construction In Progress is ¥13 Mil as of Mar. 2026. GuruFocus rates SHSE:600131 with a GF Score™ of 87/100 and a GF Value™ of ¥21.89 (Significantly Undervalued). The stock has 3 warning signs investors should review.

State Grid Informationmmunication Co's quarterly construction in progress declined from Sep. 2025 (¥114 Mil) to Dec. 2025 (¥20 Mil) and declined from Dec. 2025 (¥20 Mil) to Mar. 2026 (¥13 Mil).

State Grid Informationmmunication Co's annual construction in progress declined from Dec. 2023 (¥264 Mil) to Dec. 2024 (¥58 Mil) and declined from Dec. 2024 (¥58 Mil) to Dec. 2025 (¥20 Mil).

State Grid Informationmmunication Co Construction In Progress Historical Data

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The historical data trend for State Grid Informationmmunication Co'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.

State Grid Informationmmunication Co Construction In Progress Chart

State Grid Informationmmunication Co 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 608.30 364.34 264.03 58.40 20.48

State Grid Informationmmunication Co 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 60.35 85.20 113.77 20.48 13.00
SHSE:600131
87GF Score
State Grid Information & Communication Co Ltd SHSE:600131
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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State Grid Informationmmunication Co 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 ¥13 Mil mean?
State Grid Informationmmunication Co (SHSE:600131) has a Construction In Progress of ¥13 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on State Grid Informationmmunication Co and its competitors.
Is State Grid Informationmmunication Co's Construction In Progress too high?
State Grid Informationmmunication Co's current Construction In Progress is ¥13 Mil. Overall, State Grid Informationmmunication Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does State Grid Informationmmunication Co's Construction In Progress compare to competitors?
State Grid Informationmmunication Co's Construction In Progress of ¥13 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 State Grid Informationmmunication Co and its competitors. State Grid Informationmmunication Co's current Construction In Progress is ¥13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Grid Informationmmunication Co stock overvalued right now?
Based on GuruFocus' analysis, State Grid Informationmmunication Co (SHSE:600131) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥21.89, compared to a current price of ¥14.10 — trading 35.6% below its estimated fair value. The current Construction In Progress is ¥13 Mil. State Grid Informationmmunication Co's overall GF Score™ is 87/100 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 State Grid Informationmmunication Co (SHSE:600131), the current Construction In Progress is ¥13 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 State Grid Informationmmunication Co (SHSE:600131) Overvalued in 2026?

Based on GuruFocus' analysis, State Grid Informationmmunication Co stock appears to be undervalued. The current stock price of ¥14.10 is trading 35.6% below its estimated GF Value™ of ¥21.89. GuruFocus considers State Grid Informationmmunication Co to be Significantly Undervalued.

Key valuation signals for SHSE:600131:

  • Construction In Progress: ¥13 Mil
  • GF Value™: ¥21.89 vs. price of ¥14.10 (35.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

State Grid Informationmmunication Co Business Description

Address No. 301 Kuiguang Road, Doujiangyan, Sichuan, CHN, 611830
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
87GF Score

Get the complete analysis for SHSE:600131

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

¥14.10
Price
¥21.89
GF Value