Gem-Year Industrial Co (SHSE:601002) Construction In Progress: ¥6 Mil (As of Mar. 2026)


SHSE:601002 Gem-Year Industrial Co Ltd SHSE:601002
65 GF Score
Price ¥4.57
GF Value ¥4.32
Valuation Fairly Valued
! 1 Warning Sign
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What is Gem-Year Industrial Co Construction In Progress?

Gem-Year Industrial Co SHSE:601002 +4.58% 65 Construction In Progress is ¥6 Mil as of Mar. 2026. GuruFocus rates SHSE:601002 with a GF Score™ of 65/100 and a GF Value™ of ¥4.32 (Fairly Valued). The stock has 1 warning sign investors should review.

Gem-Year Industrial Co's quarterly construction in progress declined from Sep. 2025 (¥9 Mil) to Dec. 2025 (¥3 Mil) but then increased from Dec. 2025 (¥3 Mil) to Mar. 2026 (¥6 Mil).

Gem-Year Industrial Co's annual construction in progress declined from Dec. 2023 (¥48 Mil) to Dec. 2024 (¥16 Mil) and declined from Dec. 2024 (¥16 Mil) to Dec. 2025 (¥3 Mil).

Gem-Year Industrial Co Construction In Progress Historical Data

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The historical data trend for Gem-Year Industrial 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.

Gem-Year Industrial Co Construction In Progress Chart

Gem-Year Industrial 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 346.17 22.92 48.03 15.64 3.10

Gem-Year Industrial 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 16.15 5.61 8.79 3.10 5.55
SHSE:601002
65GF Score
Gem-Year Industrial Co Ltd SHSE:601002
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Gem-Year Industrial 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 ¥6 Mil mean?
Gem-Year Industrial Co (SHSE:601002) has a Construction In Progress of ¥6 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Gem-Year Industrial Co and its competitors.
Is Gem-Year Industrial Co's Construction In Progress too high?
Gem-Year Industrial Co's current Construction In Progress is ¥6 Mil. Overall, Gem-Year Industrial Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gem-Year Industrial Co's Construction In Progress compare to SNA and RBC?
Gem-Year Industrial Co's Construction In Progress of ¥6 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Gem-Year Industrial Co and its competitors. Gem-Year Industrial Co's current Construction In Progress is ¥6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gem-Year Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Gem-Year Industrial Co (SHSE:601002) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.32, compared to a current price of ¥4.57 — trading 5.8% above its estimated fair value. The current Construction In Progress is ¥6 Mil. Gem-Year Industrial Co's overall GF Score™ is 65/100 with 1 warning sign 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 Gem-Year Industrial Co (SHSE:601002), the current Construction In Progress is ¥6 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 Gem-Year Industrial Co (SHSE:601002) Overvalued in 2026?

Based on GuruFocus' analysis, Gem-Year Industrial Co stock appears to be overvalued. The current stock price of ¥4.57 is trading 5.8% above its estimated GF Value™ of ¥4.32. GuruFocus considers Gem-Year Industrial Co to be Fairly Valued.

Key valuation signals for SHSE:601002:

  • Construction In Progress: ¥6 Mil
  • GF Value™: ¥4.32 vs. price of ¥4.57 (5.8% above fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the SHSE:601002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gem-Year Industrial Co Business Description

Address No. 8 Jinyi Avenue, Economic Development Zone, Jiashan, Zhejiang, Jiaxing, CHN, 314100
Gem-Year Industrial Co Ltd operates as a fastener manufacturer in China. Its products include bolts, nuts, screws, drawn air and fasteners. master toolset, tools storage, sockets, wrench and cutting tools.
65GF Score

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

¥4.57
Price
¥4.32
GF Value