China Three Gorges Renewables (Group) Co (SHSE:600905) Construction In Progress: ¥73,406 Mil (As of Mar. 2026)


SHSE:600905 China Three Gorges Renewables (Group) Co Ltd SHSE:600905
83 GF Score
Price ¥3.77
GF Value ¥4.42
Valuation Modestly Undervalued
! 9 Warning Signs
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What is China Three Gorges Renewables (Group) Co Construction In Progress?

China Three Gorges Renewables (Group) Co SHSE:600905 +0.27% 83 Construction In Progress is ¥73,406 Mil as of Mar. 2026. GuruFocus rates SHSE:600905 with a GF Score™ of 83/100 and a GF Value™ of ¥4.42 (Modestly Undervalued). The stock has 9 warning signs investors should review.

China Three Gorges Renewables (Group) Co's quarterly construction in progress declined from Sep. 2025 (¥70,924 Mil) to Dec. 2025 (¥68,539 Mil) but then increased from Dec. 2025 (¥68,539 Mil) to Mar. 2026 (¥73,406 Mil).

China Three Gorges Renewables (Group) Co's annual construction in progress increased from Dec. 2023 (¥52,988 Mil) to Dec. 2024 (¥55,701 Mil) and increased from Dec. 2024 (¥55,701 Mil) to Dec. 2025 (¥68,539 Mil).

China Three Gorges Renewables (Group) Co Construction In Progress Historical Data

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The historical data trend for China Three Gorges Renewables (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.

China Three Gorges Renewables (Group) Co Construction In Progress Chart

China Three Gorges Renewables (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 57,504.55 35,491.27 52,988.24 55,700.59 68,538.59

China Three Gorges Renewables (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 59,593.27 69,167.62 70,924.17 68,538.59 73,405.97
SHSE:600905
83GF Score
China Three Gorges Renewables (Group) Co Ltd SHSE:600905
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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China Three Gorges Renewables (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 ¥73,406 Mil mean?
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Construction In Progress of ¥73,406 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on China Three Gorges Renewables (Group) Co and its competitors.
Is China Three Gorges Renewables (Group) Co's Construction In Progress too high?
China Three Gorges Renewables (Group) Co's current Construction In Progress is ¥73,406 Mil. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Construction In Progress compare to competitors?
China Three Gorges Renewables (Group) Co's Construction In Progress of ¥73,406 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 China Three Gorges Renewables (Group) Co and its competitors. China Three Gorges Renewables (Group) Co's current Construction In Progress is ¥73,406 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.42, compared to a current price of ¥3.77 — trading 14.7% below its estimated fair value. The current Construction In Progress is ¥73,406 Mil. China Three Gorges Renewables (Group) Co's overall GF Score™ is 83/100 with 9 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 China Three Gorges Renewables (Group) Co (SHSE:600905), the current Construction In Progress is ¥73,406 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 China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?

Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued. The current stock price of ¥3.77 is trading 14.7% below its estimated GF Value™ of ¥4.42. GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600905:

  • Construction In Progress: ¥73,406 Mil
  • GF Value™: ¥4.42 vs. price of ¥3.77 (14.7% below fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Three Gorges Renewables (Group) Co Business Description

Address No. 2, Liangshi Street, Building 5, Chengda Center, Tongzhou District, Beijing, CHN, 101199
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
83GF Score

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

¥3.77
Price
¥4.42
GF Value