Shenma Industry Co (SHSE:600810) Construction In Progress: ¥2,594 Mil (As of Jun. 2026)

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SHSE:600810 Shenma Industry Co Ltd SHSE:600810
49 GF Score
Price ¥6.59
GF Value ¥8.96
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shenma Industry Co Construction In Progress?

Shenma Industry Co SHSE:600810 -0.45% 49 Construction In Progress is ¥2,594 Mil as of Jun. 2026. GuruFocus rates SHSE:600810 with a GF Score™ of 49/100 and a GF Value™ of ¥8.96 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Shenma Industry Co's quarterly construction in progress declined from Dec. 2025 (¥4,405 Mil) to Mar. 2026 (¥2,536 Mil) but then increased from Mar. 2026 (¥2,536 Mil) to Jun. 2026 (¥2,594 Mil).

Shenma Industry Co's annual construction in progress increased from Dec. 2023 (¥4,143 Mil) to Dec. 2024 (¥4,909 Mil) but then declined from Dec. 2024 (¥4,909 Mil) to Dec. 2025 (¥4,405 Mil).

Shenma Industry Co Construction In Progress Historical Data

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The historical data trend for Shenma Industry 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.

Shenma Industry Co Construction In Progress Chart

Shenma Industry 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 3,710.02 4,163.23 4,143.16 4,908.81 4,405.49

Shenma Industry Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5,040.17 4,908.41 4,405.49 2,536.33 2,594.20
SHSE:600810
49GF Score
Shenma Industry Co Ltd SHSE:600810
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenma Industry 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 ¥2,594 Mil mean?
Shenma Industry Co (SHSE:600810) has a Construction In Progress of ¥2,594 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shenma Industry Co and its competitors.
Is Shenma Industry Co's Construction In Progress too high?
Shenma Industry Co's current Construction In Progress is ¥2,594 Mil. Overall, Shenma Industry Co has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenma Industry Co's Construction In Progress compare to LIN and SHW?
Shenma Industry Co's Construction In Progress of ¥2,594 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Shenma Industry Co and its competitors. Shenma Industry Co's current Construction In Progress is ¥2,594 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenma Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shenma Industry Co (SHSE:600810) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.96, compared to a current price of ¥6.59 — trading 26.5% below its estimated fair value. The current Construction In Progress is ¥2,594 Mil. Shenma Industry Co's overall GF Score™ is 49/100 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 Shenma Industry Co (SHSE:600810), the current Construction In Progress is ¥2,594 Mil as of Jun. 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 Shenma Industry Co (SHSE:600810) Overvalued in 2026?

Based on GuruFocus' analysis, Shenma Industry Co stock appears to be undervalued. The current stock price of ¥6.59 is trading 26.5% below its estimated GF Value™ of ¥8.96. GuruFocus considers Shenma Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600810:

  • Construction In Progress: ¥2,594 Mil
  • GF Value™: ¥8.96 vs. price of ¥6.59 (26.5% below fair value)
  • GF Score™: 49/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenma Industry Co Business Description

Address No. 63 Jianshe Road, Henan Province, Pingdingshan, CHN, 467000
Shenma Industry Co Ltd is engaged in production and distribution of Nylon 66 tyre cord fabric and other types of industrial yarn in China. Its products include dry adipic acid, cyclohexanol, cyclohexane, nylon 66 grey cloth, nylon 66 dipped type cord fabric, nylon 66 dipping tire bead cloth, nylon 66 dipping canvas, and nylon 66 industrial yarn.
49GF Score

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

¥6.59
Price
¥8.96
GF Value