Guizhou Wire Rope Co (SHSE:600992) Construction In Progress: ¥770 Mil (As of Mar. 2026)

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SHSE:600992 Guizhou Wire Rope Co Ltd SHSE:600992
47 GF Score
Price ¥11.35
GF Value ¥13.92
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Guizhou Wire Rope Co Construction In Progress?

Guizhou Wire Rope Co SHSE:600992 +7.58% 47 Construction In Progress is ¥770 Mil as of Mar. 2026. GuruFocus rates SHSE:600992 with a GF Score™ of 47/100 and a GF Value™ of ¥13.92 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Guizhou Wire Rope Co's quarterly construction in progress increased from Sep. 2025 (¥654 Mil) to Dec. 2025 (¥735 Mil) and increased from Dec. 2025 (¥735 Mil) to Mar. 2026 (¥770 Mil).

Guizhou Wire Rope Co's annual construction in progress declined from Dec. 2023 (¥980 Mil) to Dec. 2024 (¥776 Mil) and declined from Dec. 2024 (¥776 Mil) to Dec. 2025 (¥735 Mil).

Guizhou Wire Rope Co Construction In Progress Historical Data

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The historical data trend for Guizhou Wire Rope 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.

Guizhou Wire Rope Co Construction In Progress Chart

Guizhou Wire Rope 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 727.82 1,035.93 979.84 776.25 734.68

Guizhou Wire Rope 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 699.39 707.39 654.31 734.68 770.35
SHSE:600992
47GF Score
Guizhou Wire Rope Co Ltd SHSE:600992
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Guizhou Wire Rope 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 ¥770 Mil mean?
Guizhou Wire Rope Co (SHSE:600992) has a Construction In Progress of ¥770 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Guizhou Wire Rope Co and its competitors.
Is Guizhou Wire Rope Co's Construction In Progress too high?
Guizhou Wire Rope Co's current Construction In Progress is ¥770 Mil. Overall, Guizhou Wire Rope Co has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Wire Rope Co's Construction In Progress compare to NUE and STLD?
Guizhou Wire Rope Co's Construction In Progress of ¥770 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 Guizhou Wire Rope Co and its competitors. Guizhou Wire Rope Co's current Construction In Progress is ¥770 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Wire Rope Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Wire Rope Co (SHSE:600992) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.92, compared to a current price of ¥11.35 — trading 18.5% below its estimated fair value. The current Construction In Progress is ¥770 Mil. Guizhou Wire Rope Co's overall GF Score™ is 47/100 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 Guizhou Wire Rope Co (SHSE:600992), the current Construction In Progress is ¥770 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 Guizhou Wire Rope Co (SHSE:600992) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Wire Rope Co stock appears to be undervalued. The current stock price of ¥11.35 is trading 18.5% below its estimated GF Value™ of ¥13.92. GuruFocus considers Guizhou Wire Rope Co to be Modestly Undervalued.

Key valuation signals for SHSE:600992:

  • Construction In Progress: ¥770 Mil
  • GF Value™: ¥13.92 vs. price of ¥11.35 (18.5% below fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Guizhou Wire Rope Co Business Description

Address No. 47 Taoxi Road, Guizhou Province, Zunyi, CHN, 563000
Guizhou Wire Rope Co Ltd is a China-based company operating in the steel industry. The firm is engaged in the production, processing, and sales of steel wire rope, steel wire and steel strand, and related materials, equipment and technology research. The products offered by the company include single strand wire rope, four strands of wire rope, point contact wire rope, fishing wire rope, aviation wire rope, sealed wire rope, oil wire rope, galvanized steel strand, limb rigging, among others. Its products are used in mining, elevator, port machinery, aerospace, ship and bridge building.
47GF Score

Get the complete analysis for SHSE:600992

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

¥11.35
Price
¥13.92
GF Value