Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Construction In Progress: ¥14,330 Mil (As of Mar. 2026)


SHSE:600348 Shan Xi Hua Yang Group New Energy Co Ltd SHSE:600348
75 GF Score
Price ¥7.85
GF Value ¥6.23
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Shan Xi Hua Yang Group New Energy Co Construction In Progress?

Shan Xi Hua Yang Group New Energy Co SHSE:600348 +2.61% 75 Construction In Progress is ¥14,330 Mil as of Mar. 2026. GuruFocus rates SHSE:600348 with a GF Score™ of 75/100 and a GF Value™ of ¥6.23 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Shan Xi Hua Yang Group New Energy Co's quarterly construction in progress declined from Sep. 2025 (¥17,581 Mil) to Dec. 2025 (¥13,474 Mil) but then increased from Dec. 2025 (¥13,474 Mil) to Mar. 2026 (¥14,330 Mil).

Shan Xi Hua Yang Group New Energy Co's annual construction in progress increased from Dec. 2023 (¥10,761 Mil) to Dec. 2024 (¥14,293 Mil) but then declined from Dec. 2024 (¥14,293 Mil) to Dec. 2025 (¥13,474 Mil).

Shan Xi Hua Yang Group New Energy Co Construction In Progress Historical Data

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The historical data trend for Shan Xi Hua Yang Group New Energy 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.

Shan Xi Hua Yang Group New Energy Co Construction In Progress Chart

Shan Xi Hua Yang Group New Energy 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 7,958.68 11,947.31 10,760.64 14,292.64 13,473.68

Shan Xi Hua Yang Group New Energy 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 15,200.01 16,348.10 17,580.71 13,473.68 14,329.92
SHSE:600348
75GF Score
Shan Xi Hua Yang Group New Energy Co Ltd SHSE:600348
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shan Xi Hua Yang Group New Energy 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 ¥14,330 Mil mean?
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) has a Construction In Progress of ¥14,330 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shan Xi Hua Yang Group New Energy Co and its competitors.
Is Shan Xi Hua Yang Group New Energy Co's Construction In Progress too high?
Shan Xi Hua Yang Group New Energy Co's current Construction In Progress is ¥14,330 Mil. Overall, Shan Xi Hua Yang Group New Energy Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shan Xi Hua Yang Group New Energy Co's Construction In Progress compare to competitors?
Shan Xi Hua Yang Group New Energy Co's Construction In Progress of ¥14,330 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Construction In Progress depends on the Other Energy Sources 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 Shan Xi Hua Yang Group New Energy Co and its competitors. Shan Xi Hua Yang Group New Energy Co's current Construction In Progress is ¥14,330 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shan Xi Hua Yang Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co (SHSE:600348) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.23, compared to a current price of ¥7.85 — trading 26% above its estimated fair value. The current Construction In Progress is ¥14,330 Mil. Shan Xi Hua Yang Group New Energy Co's overall GF Score™ is 75/100 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348), the current Construction In Progress is ¥14,330 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Overvalued in 2026?

Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co stock appears to be overvalued. The current stock price of ¥7.85 is trading 26% above its estimated GF Value™ of ¥6.23. GuruFocus considers Shan Xi Hua Yang Group New Energy Co to be Modestly Overvalued.

Key valuation signals for SHSE:600348:

  • Construction In Progress: ¥14,330 Mil
  • GF Value™: ¥6.23 vs. price of ¥7.85 (26% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shan Xi Hua Yang Group New Energy Co Business Description

Address No. 2, Taobei West Street, Kuang-qu, Shanxi Province, Yangquan, CHN, 045008
Shan Xi Hua Yang Group New Energy Co Ltd is mainly engaged in coal mining, processing, and distribution, as well as power generation and heat supply. The company mainly produces smokeless coal, which is widely applied across various sectors including power generation, fertilizer manufacturing, metallurgy, machinery, and construction materials. Its power supply business serves both industrial operations and household consumption, while its heating services support industrial processes and urban residential heating needs.
75GF Score

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

¥7.85
Price
¥6.23
GF Value