Greenland Holdings Group (SHSE:600606) Construction In Progress: ¥4,097 Mil (As of Mar. 2026)

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SHSE:600606 Greenland Holdings Group Corporation Ltd SHSE:600606
42 GF Score
Price ¥1.24
GF Value ¥1.06
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Greenland Holdings Group Construction In Progress?

Greenland Holdings Group SHSE:600606 -4.62% 42 Construction In Progress is ¥4,097 Mil as of Mar. 2026. GuruFocus rates SHSE:600606 with a GF Score™ of 42/100 and a GF Value™ of ¥1.06 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Greenland Holdings Group's quarterly construction in progress declined from Sep. 2025 (¥4,111 Mil) to Dec. 2025 (¥4,046 Mil) but then increased from Dec. 2025 (¥4,046 Mil) to Mar. 2026 (¥4,097 Mil).

Greenland Holdings Group's annual construction in progress increased from Dec. 2023 (¥3,806 Mil) to Dec. 2024 (¥3,947 Mil) and increased from Dec. 2024 (¥3,947 Mil) to Dec. 2025 (¥4,046 Mil).

Greenland Holdings Group Construction In Progress Historical Data

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The historical data trend for Greenland Holdings Group'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.

Greenland Holdings Group Construction In Progress Chart

Greenland Holdings Group 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 2,200.69 3,571.27 3,805.77 3,947.22 4,045.69

Greenland Holdings Group 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 3,754.80 4,145.15 4,110.60 4,045.69 4,097.28
SHSE:600606
42GF Score
Greenland Holdings Group Corporation Ltd SHSE:600606
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenland Holdings Group 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 ¥4,097 Mil mean?
Greenland Holdings Group (SHSE:600606) has a Construction In Progress of ¥4,097 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Greenland Holdings Group and its competitors.
Is Greenland Holdings Group's Construction In Progress too high?
Greenland Holdings Group's current Construction In Progress is ¥4,097 Mil. Overall, Greenland Holdings Group has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenland Holdings Group's Construction In Progress compare to CBRE and BEKE?
Greenland Holdings Group's Construction In Progress of ¥4,097 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Construction In Progress depends on the Real Estate 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 Greenland Holdings Group and its competitors. Greenland Holdings Group's current Construction In Progress is ¥4,097 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Greenland Holdings Group (SHSE:600606) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.06, compared to a current price of ¥1.24 — trading 17% above its estimated fair value. The current Construction In Progress is ¥4,097 Mil. Greenland Holdings Group's overall GF Score™ is 42/100 with 5 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 Greenland Holdings Group (SHSE:600606), the current Construction In Progress is ¥4,097 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 Greenland Holdings Group (SHSE:600606) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Holdings Group stock appears to be overvalued. The current stock price of ¥1.24 is trading 17% above its estimated GF Value™ of ¥1.06. GuruFocus considers Greenland Holdings Group to be Modestly Overvalued.

Key valuation signals for SHSE:600606:

  • Construction In Progress: ¥4,097 Mil
  • GF Value™: ¥1.06 vs. price of ¥1.24 (17% above fair value)
  • GF Score™: 42/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Greenland Holdings Group Business Description

Address No. 700 Dapu Road, Huangpu District, Shanghai, CHN, 200023
Greenland Holdings Group Corporation Ltd is a China-based company. The company is principally engaged in the business of industrial investment, real estate development, operation, leasing, replacement, residential and infrastructure construction, hotel management, urban rail transit projects, financial information services, greening projects, technical services in the energy field, property management.
42GF Score

Get the complete analysis for SHSE:600606

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

¥1.24
Price
¥1.06
GF Value