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Sinopec Shanghai Petrochemical Co's quarterly construction in progress
increased
from Sep. 2025 (¥2,383 Mil) to Dec. 2025 (¥4,315 Mil) and
increased
from Dec. 2025 (¥4,315 Mil) to Mar. 2026 (¥5,566 Mil).
Sinopec Shanghai Petrochemical Co's annual construction in progress
increased
from Dec. 2023 (¥1,201 Mil) to Dec. 2024 (¥2,064 Mil) and
increased
from Dec. 2024 (¥2,064 Mil) to Dec. 2025 (¥4,315 Mil).
Sinopec Shanghai Petrochemical Co Construction In Progress Historical Data
* 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.
Sinopec Shanghai Petrochemical Co Construction In Progress Chart
Sinopec Shanghai Petrochemical 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 ¥5,566 Mil mean?
Sinopec Shanghai Petrochemical Co (SHSE:600688) has a Construction In Progress of ¥5,566 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Sinopec Shanghai Petrochemical Co and its competitors.
Is Sinopec Shanghai Petrochemical Co's Construction In Progress too high?
Sinopec Shanghai Petrochemical Co's current Construction In Progress is ¥5,566 Mil. Overall, Sinopec Shanghai Petrochemical Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Shanghai Petrochemical Co's Construction In Progress compare to MPC and VLO?
Sinopec Shanghai Petrochemical Co's Construction In Progress of ¥5,566 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 Sinopec Shanghai Petrochemical Co and its competitors. Sinopec Shanghai Petrochemical Co's current Construction In Progress is ¥5,566 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Shanghai Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co (SHSE:600688) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.39, compared to a current price of ¥2.78 — trading 16.3% above its estimated fair value. The current Construction In Progress is ¥5,566 Mil. Sinopec Shanghai Petrochemical Co's overall GF Score™ is 69/100 with 4 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 Sinopec Shanghai Petrochemical Co (SHSE:600688), the current Construction In Progress is ¥5,566 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 Sinopec Shanghai Petrochemical Co (SHSE:600688) Overvalued in 2026?
Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co stock appears to be overvalued.
The current stock price of ¥2.78 is trading 16.3% above its estimated GF Value™ of ¥2.39.
GuruFocus considers Sinopec Shanghai Petrochemical Co to be Modestly Overvalued.
Key valuation signals for SHSE:600688:
Construction In Progress: ¥5,566 Mil
GF Value™: ¥2.39 vs. price of ¥2.78 (16.3% above fair value)
No single metric tells the full story. See the SHSE:600688 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinopec Shanghai Petrochemical Co Business Description
Sinopec Shanghai Petrochemical Co Ltd is an integrated Chinese petrochemical company that mainly produces a broad range of petroleum products and chemical products through crude oil processing. The Group's reportable segments are: Petroleum products, Chemical products, Trading of petrochemical products, and Others. The majority of its revenue is generated from the Petroleum products segment, which is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas, and provides raw materials for the Group's downstream petrochemical processing facilities. Geographically, the Group derives maximum revenue from its business in the People's Republic of China (PRC).
69GF Score
Get the complete analysis for SHSE:600688
Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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