COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Construction In Progress: ¥792 Mil (As of Mar. 2026)

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SHSE:600428 COSCO SHIPPING Specialized Carriers Co Ltd SHSE:600428
82 GF Score
Price ¥10.57
GF Value ¥8.54
Valuation Modestly Overvalued
! 7 Warning Signs
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What is COSCO SHIPPING Specialized Carriers Co Construction In Progress?

COSCO SHIPPING Specialized Carriers Co SHSE:600428 -0.09% 82 Construction In Progress is ¥792 Mil as of Mar. 2026. GuruFocus rates SHSE:600428 with a GF Score™ of 82/100 and a GF Value™ of ¥8.54 (Modestly Overvalued). The stock has 7 warning signs investors should review.

COSCO SHIPPING Specialized Carriers Co's quarterly construction in progress increased from Sep. 2025 (¥700 Mil) to Dec. 2025 (¥797 Mil) but then declined from Dec. 2025 (¥797 Mil) to Mar. 2026 (¥792 Mil).

COSCO SHIPPING Specialized Carriers Co's annual construction in progress increased from Dec. 2023 (¥21 Mil) to Dec. 2024 (¥613 Mil) and increased from Dec. 2024 (¥613 Mil) to Dec. 2025 (¥797 Mil).

COSCO SHIPPING Specialized Carriers Co Construction In Progress Historical Data

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The historical data trend for COSCO SHIPPING Specialized Carriers 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.

COSCO SHIPPING Specialized Carriers Co Construction In Progress Chart

COSCO SHIPPING Specialized Carriers 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 242.75 181.97 20.51 613.08 796.95

COSCO SHIPPING Specialized Carriers 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 693.61 620.38 700.40 796.95 791.61
SHSE:600428
82GF Score
COSCO SHIPPING Specialized Carriers Co Ltd SHSE:600428
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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COSCO SHIPPING Specialized Carriers 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 ¥792 Mil mean?
COSCO SHIPPING Specialized Carriers Co (SHSE:600428) has a Construction In Progress of ¥792 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on COSCO SHIPPING Specialized Carriers Co and its competitors.
Is COSCO SHIPPING Specialized Carriers Co's Construction In Progress too high?
COSCO SHIPPING Specialized Carriers Co's current Construction In Progress is ¥792 Mil. Overall, COSCO SHIPPING Specialized Carriers Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COSCO SHIPPING Specialized Carriers Co's Construction In Progress compare to competitors?
COSCO SHIPPING Specialized Carriers Co's Construction In Progress of ¥792 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Construction In Progress depends on the Transportation 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 COSCO SHIPPING Specialized Carriers Co and its competitors. COSCO SHIPPING Specialized Carriers Co's current Construction In Progress is ¥792 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COSCO SHIPPING Specialized Carriers Co stock overvalued right now?
Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co (SHSE:600428) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.54, compared to a current price of ¥10.57 — trading 23.8% above its estimated fair value. The current Construction In Progress is ¥792 Mil. COSCO SHIPPING Specialized Carriers Co's overall GF Score™ is 82/100 with 7 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 COSCO SHIPPING Specialized Carriers Co (SHSE:600428), the current Construction In Progress is ¥792 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 COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Overvalued in 2026?

Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co stock appears to be overvalued. The current stock price of ¥10.57 is trading 23.8% above its estimated GF Value™ of ¥8.54. GuruFocus considers COSCO SHIPPING Specialized Carriers Co to be Modestly Overvalued.

Key valuation signals for SHSE:600428:

  • Construction In Progress: ¥792 Mil
  • GF Value™: ¥8.54 vs. price of ¥10.57 (23.8% above fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

COSCO SHIPPING Specialized Carriers Co Business Description

Address No. 282 Dongjiang Avenue, Free Trade Zone, Kangsheng Building, Guangdong Province, Guangzhou, CHN, 510623
COSCO SHIPPING Specialized Carriers Co Ltd is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.
82GF Score

Get the complete analysis for SHSE:600428

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

¥10.57
Price
¥8.54
GF Value