Shaanxi Construction Machinery Co (SHSE:600984) Construction In Progress: ¥323 Mil (As of Mar. 2026)


SHSE:600984 Shaanxi Construction Machinery Co Ltd SHSE:600984
50 GF Score
Price ¥3.71
GF Value ¥3.35
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shaanxi Construction Machinery Co Construction In Progress?

Shaanxi Construction Machinery Co SHSE:600984 +1.64% 50 Construction In Progress is ¥323 Mil as of Mar. 2026. GuruFocus rates SHSE:600984 with a GF Score™ of 50/100 and a GF Value™ of ¥3.35 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Shaanxi Construction Machinery Co's quarterly construction in progress declined from Sep. 2025 (¥323 Mil) to Dec. 2025 (¥307 Mil) but then increased from Dec. 2025 (¥307 Mil) to Mar. 2026 (¥323 Mil).

Shaanxi Construction Machinery Co's annual construction in progress declined from Dec. 2023 (¥478 Mil) to Dec. 2024 (¥280 Mil) but then increased from Dec. 2024 (¥280 Mil) to Dec. 2025 (¥307 Mil).

Shaanxi Construction Machinery Co Construction In Progress Historical Data

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The historical data trend for Shaanxi Construction 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.

Shaanxi Construction Machinery Co Construction In Progress Chart

Shaanxi Construction 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 291.22 454.62 477.77 280.45 307.38

Shaanxi Construction 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 299.25 309.36 322.60 307.38 323.10
SHSE:600984
50GF Score
Shaanxi Construction Machinery Co Ltd SHSE:600984
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shaanxi Construction 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 ¥323 Mil mean?
Shaanxi Construction Machinery Co (SHSE:600984) has a Construction In Progress of ¥323 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shaanxi Construction Machinery Co and its competitors.
Is Shaanxi Construction Machinery Co's Construction In Progress too high?
Shaanxi Construction Machinery Co's current Construction In Progress is ¥323 Mil. Overall, Shaanxi Construction Machinery Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Construction Machinery Co's Construction In Progress compare to URI and SUNB?
Shaanxi Construction Machinery Co's Construction In Progress of ¥323 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Construction In Progress depends on the Business Services 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 Shaanxi Construction Machinery Co and its competitors. Shaanxi Construction Machinery Co's current Construction In Progress is ¥323 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Construction Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Construction Machinery Co (SHSE:600984) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.35, compared to a current price of ¥3.71 — trading 10.7% above its estimated fair value. The current Construction In Progress is ¥323 Mil. Shaanxi Construction Machinery Co's overall GF Score™ is 50/100 with 5 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 Shaanxi Construction Machinery Co (SHSE:600984), the current Construction In Progress is ¥323 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 Shaanxi Construction Machinery Co (SHSE:600984) Overvalued in 2026?

Based on GuruFocus' analysis, Shaanxi Construction Machinery Co stock appears to be overvalued. The current stock price of ¥3.71 is trading 10.7% above its estimated GF Value™ of ¥3.35. GuruFocus considers Shaanxi Construction Machinery Co to be Modestly Overvalued.

Key valuation signals for SHSE:600984:

  • Construction In Progress: ¥323 Mil
  • GF Value™: ¥3.35 vs. price of ¥3.71 (10.7% above fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shaanxi Construction Machinery Co Business Description

Address No. 418 Jinhua North Road, Shanxi, Xi\'an, CHN, 710032
Shaanxi Construction Machinery Co Ltd in China is mainly engaged in the research, development, manufacturing, and sales of road construction machinery and large steel structure products. It is primarily involved in the activities of building lease, road machinery, pile machinery, steel structure, road construction and others. Geographically, it operates through the china.
50GF Score

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

¥3.71
Price
¥3.35
GF Value