Shanghai New Huang Pu Industrial Group Co (SHSE:600638) Construction In Progress: ¥239 Mil (As of Mar. 2026)

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SHSE:600638 Shanghai New Huang Pu Industrial Group Co Ltd SHSE:600638
62 GF Score
Price ¥4.41
GF Value ¥4.01
Valuation Fairly Valued
! 5 Warning Signs
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What is Shanghai New Huang Pu Industrial Group Co Construction In Progress?

Shanghai New Huang Pu Industrial Group Co SHSE:600638 62 Construction In Progress is ¥239 Mil as of Mar. 2026. GuruFocus rates SHSE:600638 with a GF Score™ of 62/100 and a GF Value™ of ¥4.01 (Fairly Valued). The stock has 5 warning signs investors should review.

Shanghai New Huang Pu Industrial Group Co's quarterly construction in progress increased from Sep. 2025 (¥214 Mil) to Dec. 2025 (¥224 Mil) and increased from Dec. 2025 (¥224 Mil) to Mar. 2026 (¥239 Mil).

Shanghai New Huang Pu Industrial Group Co's annual construction in progress increased from Dec. 2023 (¥0 Mil) to Dec. 2024 (¥2 Mil) and increased from Dec. 2024 (¥2 Mil) to Dec. 2025 (¥224 Mil).

Shanghai New Huang Pu Industrial Group Co Construction In Progress Historical Data

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The historical data trend for Shanghai New Huang Pu Industrial Group 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.

Shanghai New Huang Pu Industrial Group Co Construction In Progress Chart

Shanghai New Huang Pu Industrial Group 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 0.00 0.00 0.00 1.82 224.11

Shanghai New Huang Pu Industrial Group 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 1.82 1.82 213.79 224.11 238.74
SHSE:600638
62GF Score
Shanghai New Huang Pu Industrial Group Co Ltd SHSE:600638
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai New Huang Pu Industrial Group 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 ¥239 Mil mean?
Shanghai New Huang Pu Industrial Group Co (SHSE:600638) has a Construction In Progress of ¥239 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shanghai New Huang Pu Industrial Group Co and its competitors.
Is Shanghai New Huang Pu Industrial Group Co's Construction In Progress too high?
Shanghai New Huang Pu Industrial Group Co's current Construction In Progress is ¥239 Mil. Overall, Shanghai New Huang Pu Industrial Group Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai New Huang Pu Industrial Group Co's Construction In Progress compare to competitors?
Shanghai New Huang Pu Industrial Group Co's Construction In Progress of ¥239 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 Shanghai New Huang Pu Industrial Group Co and its competitors. Shanghai New Huang Pu Industrial Group Co's current Construction In Progress is ¥239 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai New Huang Pu Industrial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai New Huang Pu Industrial Group Co (SHSE:600638) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.01, compared to a current price of ¥4.41 — trading 10% above its estimated fair value. The current Construction In Progress is ¥239 Mil. Shanghai New Huang Pu Industrial Group Co's overall GF Score™ is 62/100 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 Shanghai New Huang Pu Industrial Group Co (SHSE:600638), the current Construction In Progress is ¥239 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 Shanghai New Huang Pu Industrial Group Co (SHSE:600638) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai New Huang Pu Industrial Group Co stock appears to be overvalued. The current stock price of ¥4.41 is trading 10% above its estimated GF Value™ of ¥4.01. GuruFocus considers Shanghai New Huang Pu Industrial Group Co to be Fairly Valued.

Key valuation signals for SHSE:600638:

  • Construction In Progress: ¥239 Mil
  • GF Value™: ¥4.01 vs. price of ¥4.41 (10% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai New Huang Pu Industrial Group Co Business Description

Address No. 666 Beijing East Road, West Building, 32-33F, Shanghai, Shanghai, CHN, 200001
Shanghai New Huang Pu Industrial Group Co Ltd engages in the real estate business in China. It develops commercial buildings and residential communities. It is also involved in financial investment and futures, park construction and management, professional electronics market operations, property management, real estate services and consulting service trade, and other businesses.
62GF Score

Get the complete analysis for SHSE:600638

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

¥4.41
Price
¥4.01
GF Value