Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Construction In Progress: ¥3,179 Mil (As of Mar. 2026)


SHSE:600863 Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd SHSE:600863
77 GF Score
Price ¥4.60
GF Value ¥3.69
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Inner Mongolia Mengdian Huaneng Thermal Power Construction In Progress?

Inner Mongolia Mengdian Huaneng Thermal Power SHSE:600863 -1.29% 77 Construction In Progress is ¥3,179 Mil as of Mar. 2026. GuruFocus rates SHSE:600863 with a GF Score™ of 77/100 and a GF Value™ of ¥3.69 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Inner Mongolia Mengdian Huaneng Thermal Power's quarterly construction in progress declined from Sep. 2025 (¥3,730 Mil) to Dec. 2025 (¥2,628 Mil) but then increased from Dec. 2025 (¥2,628 Mil) to Mar. 2026 (¥3,179 Mil).

Inner Mongolia Mengdian Huaneng Thermal Power's annual construction in progress increased from Dec. 2023 (¥1,954 Mil) to Dec. 2024 (¥2,407 Mil) and increased from Dec. 2024 (¥2,407 Mil) to Dec. 2025 (¥2,628 Mil).

Inner Mongolia Mengdian Huaneng Thermal Power Construction In Progress Historical Data

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The historical data trend for Inner Mongolia Mengdian Huaneng Thermal Power'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.

Inner Mongolia Mengdian Huaneng Thermal Power Construction In Progress Chart

Inner Mongolia Mengdian Huaneng Thermal Power 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 571.72 577.88 1,953.67 2,407.13 2,627.70

Inner Mongolia Mengdian Huaneng Thermal Power 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 2,737.39 3,191.52 3,729.61 2,627.70 3,178.78
SHSE:600863
77GF Score
Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd SHSE:600863
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Inner Mongolia Mengdian Huaneng Thermal Power 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 ¥3,179 Mil mean?
Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) has a Construction In Progress of ¥3,179 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Inner Mongolia Mengdian Huaneng Thermal Power and its competitors.
Is Inner Mongolia Mengdian Huaneng Thermal Power's Construction In Progress too high?
Inner Mongolia Mengdian Huaneng Thermal Power's current Construction In Progress is ¥3,179 Mil. Overall, Inner Mongolia Mengdian Huaneng Thermal Power has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia Mengdian Huaneng Thermal Power's Construction In Progress compare to CEG and VST?
Inner Mongolia Mengdian Huaneng Thermal Power's Construction In Progress of ¥3,179 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 Inner Mongolia Mengdian Huaneng Thermal Power and its competitors. Inner Mongolia Mengdian Huaneng Thermal Power's current Construction In Progress is ¥3,179 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolia Mengdian Huaneng Thermal Power stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.69, compared to a current price of ¥4.60 — trading 24.7% above its estimated fair value. The current Construction In Progress is ¥3,179 Mil. Inner Mongolia Mengdian Huaneng Thermal Power's overall GF Score™ is 77/100 with 3 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 Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863), the current Construction In Progress is ¥3,179 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 Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolia Mengdian Huaneng Thermal Power stock appears to be overvalued. The current stock price of ¥4.60 is trading 24.7% above its estimated GF Value™ of ¥3.69. GuruFocus considers Inner Mongolia Mengdian Huaneng Thermal Power to be Modestly Overvalued.

Key valuation signals for SHSE:600863:

  • Construction In Progress: ¥3,179 Mil
  • GF Value™: ¥3.69 vs. price of ¥4.60 (24.7% above fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Inner Mongolia Mengdian Huaneng Thermal Power Business Description

Address No.218, Xilin South Road, Inner Mongolia Autonomous Region, Huhehaote, CHN, 010020
Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd is engaged in the generation and distribution of electric heat and power.
77GF Score

Get the complete analysis for SHSE:600863

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

¥4.60
Price
¥3.69
GF Value