Avic Heavy Machinery Co (SHSE:600765) Construction In Progress: ¥841 Mil (As of Mar. 2026)

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SHSE:600765 Avic Heavy Machinery Co Ltd SHSE:600765
67 GF Score
Price ¥12.86
GF Value ¥17.12
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Avic Heavy Machinery Co Construction In Progress?

Avic Heavy Machinery Co SHSE:600765 +0.23% 67 Construction In Progress is ¥841 Mil as of Mar. 2026. GuruFocus rates SHSE:600765 with a GF Score™ of 67/100 and a GF Value™ of ¥17.12 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Avic Heavy Machinery Co's quarterly construction in progress increased from Sep. 2025 (¥750 Mil) to Dec. 2025 (¥776 Mil) and increased from Dec. 2025 (¥776 Mil) to Mar. 2026 (¥841 Mil).

Avic Heavy Machinery Co's annual construction in progress declined from Dec. 2023 (¥918 Mil) to Dec. 2024 (¥671 Mil) but then increased from Dec. 2024 (¥671 Mil) to Dec. 2025 (¥776 Mil).

Avic Heavy Machinery Co Construction In Progress Historical Data

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The historical data trend for Avic Heavy Machinery 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.

Avic Heavy Machinery Co Construction In Progress Chart

Avic Heavy Machinery 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 308.29 729.01 917.87 671.20 775.81

Avic Heavy Machinery 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 717.97 813.73 750.17 775.81 841.26
SHSE:600765
67GF Score
Avic Heavy Machinery Co Ltd SHSE:600765
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Avic Heavy Machinery 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 ¥841 Mil mean?
Avic Heavy Machinery Co (SHSE:600765) has a Construction In Progress of ¥841 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Avic Heavy Machinery Co and its competitors.
Is Avic Heavy Machinery Co's Construction In Progress too high?
Avic Heavy Machinery Co's current Construction In Progress is ¥841 Mil. Overall, Avic Heavy Machinery Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avic Heavy Machinery Co's Construction In Progress compare to GEV and ETN?
Avic Heavy Machinery Co's Construction In Progress of ¥841 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Avic Heavy Machinery Co and its competitors. Avic Heavy Machinery Co's current Construction In Progress is ¥841 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avic Heavy Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Avic Heavy Machinery Co (SHSE:600765) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.12, compared to a current price of ¥12.86 — trading 24.9% below its estimated fair value. The current Construction In Progress is ¥841 Mil. Avic Heavy Machinery Co's overall GF Score™ is 67/100 with 10 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 Avic Heavy Machinery Co (SHSE:600765), the current Construction In Progress is ¥841 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 Avic Heavy Machinery Co (SHSE:600765) Overvalued in 2026?

Based on GuruFocus' analysis, Avic Heavy Machinery Co stock appears to be undervalued. The current stock price of ¥12.86 is trading 24.9% below its estimated GF Value™ of ¥17.12. GuruFocus considers Avic Heavy Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:600765:

  • Construction In Progress: ¥841 Mil
  • GF Value™: ¥17.12 vs. price of ¥12.86 (24.9% below fair value)
  • GF Score™: 67/100 with 10 warning signs

No single metric tells the full story. See the SHSE:600765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Avic Heavy Machinery Co Business Description

Address No. 501, Beitun Road, Xintian Village, Wudang District, Guizhou Province, Guiyang, CHN, 550018
Avic Heavy Machinery Co Ltd is a China-based company engaged in the development, production, and sale of both military and civilian-used high-end equipment. It manufactures hydraulic parts, hydraulic systems, forging products, heat exchangers and gas turbines in China. The company operates in the business areas of Forging business, Hydraulic business, and New energy business. In the Forging business, the company mainly produces die forgings, free forgings, isothermal forgings and rings of different materials. In Hydraulic business, the main products are various types of heat exchangers, high-speed rotating machinery (turbine, pumps, fans), oil tanks, cooling devices, high-temperature insulation components.
67GF Score

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

¥12.86
Price
¥17.12
GF Value