Zhejiang Medicine Co (SHSE:600216) Construction In Progress: ¥644 Mil (As of Mar. 2026)


SHSE:600216 Zhejiang Medicine Co Ltd SHSE:600216
81 GF Score
Price ¥12.00
GF Value ¥13.81
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Zhejiang Medicine Co Construction In Progress?

Zhejiang Medicine Co SHSE:600216 -0.83% 81 Construction In Progress is ¥644 Mil as of Mar. 2026. GuruFocus rates SHSE:600216 with a GF Score™ of 81/100 and a GF Value™ of ¥13.81 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Zhejiang Medicine Co's quarterly construction in progress declined from Sep. 2025 (¥652 Mil) to Dec. 2025 (¥627 Mil) but then increased from Dec. 2025 (¥627 Mil) to Mar. 2026 (¥644 Mil).

Zhejiang Medicine Co's annual construction in progress increased from Dec. 2023 (¥932 Mil) to Dec. 2024 (¥983 Mil) but then declined from Dec. 2024 (¥983 Mil) to Dec. 2025 (¥627 Mil).

Zhejiang Medicine Co Construction In Progress Historical Data

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The historical data trend for Zhejiang Medicine 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.

Zhejiang Medicine Co Construction In Progress Chart

Zhejiang Medicine 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 1,119.47 825.71 931.70 982.51 627.30

Zhejiang Medicine 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 838.06 655.88 651.64 627.30 644.22
SHSE:600216
81GF Score
Zhejiang Medicine Co Ltd SHSE:600216
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Medicine 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 ¥644 Mil mean?
Zhejiang Medicine Co (SHSE:600216) has a Construction In Progress of ¥644 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Zhejiang Medicine Co and its competitors.
Is Zhejiang Medicine Co's Construction In Progress too high?
Zhejiang Medicine Co's current Construction In Progress is ¥644 Mil. Overall, Zhejiang Medicine Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Medicine Co's Construction In Progress compare to ZTS and UTHR?
Zhejiang Medicine Co's Construction In Progress of ¥644 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers 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 Zhejiang Medicine Co and its competitors. Zhejiang Medicine Co's current Construction In Progress is ¥644 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Medicine Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Medicine Co (SHSE:600216) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.81, compared to a current price of ¥12.00 — trading 13.1% below its estimated fair value. The current Construction In Progress is ¥644 Mil. Zhejiang Medicine Co's overall GF Score™ is 81/100 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 Zhejiang Medicine Co (SHSE:600216), the current Construction In Progress is ¥644 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 Zhejiang Medicine Co (SHSE:600216) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Medicine Co stock appears to be undervalued. The current stock price of ¥12.00 is trading 13.1% below its estimated GF Value™ of ¥13.81. GuruFocus considers Zhejiang Medicine Co to be Modestly Undervalued.

Key valuation signals for SHSE:600216:

  • Construction In Progress: ¥644 Mil
  • GF Value™: ¥13.81 vs. price of ¥12.00 (13.1% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Medicine Co Business Description

Address Comprehensive Building, No. 398 Mahuan Road, 3rd Floor, Building A, Binhai New City, Shaoxing, CHN, 312366
Zhejiang Medicine Co Ltd is a china-based pharmaceutical company. The company manufactures fat-soluble vitamins, vitamins, quinolones, and antibiotic-resistant antibiotics, vitamin E, natural vitamin E, beta-carotene, cantharidin, vancomycin hydrochloride, and teicoplanin.
81GF Score

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

¥12.00
Price
¥13.81
GF Value