ZCZL Industrial Technology Group Co (SHSE:601717) Construction In Progress: ¥1,128 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601717 ZCZL Industrial Technology Group Co Ltd SHSE:601717
74 GF Score
Price ¥15.34
GF Value ¥17.26
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is ZCZL Industrial Technology Group Co Construction In Progress?

ZCZL Industrial Technology Group Co SHSE:601717 -2.36% 74 Construction In Progress is ¥1,128 Mil as of Mar. 2026. GuruFocus rates SHSE:601717 with a GF Score™ of 74/100 and a GF Value™ of ¥17.26 (Modestly Undervalued). The stock has 1 warning sign investors should review.

ZCZL Industrial Technology Group Co's quarterly construction in progress declined from Sep. 2025 (¥1,153 Mil) to Dec. 2025 (¥868 Mil) but then increased from Dec. 2025 (¥868 Mil) to Mar. 2026 (¥1,128 Mil).

ZCZL Industrial Technology Group Co's annual construction in progress declined from Dec. 2023 (¥1,058 Mil) to Dec. 2024 (¥999 Mil) and declined from Dec. 2024 (¥999 Mil) to Dec. 2025 (¥868 Mil).

ZCZL Industrial Technology Group Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for ZCZL Industrial Technology 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.

ZCZL Industrial Technology Group Co Construction In Progress Chart

ZCZL Industrial Technology 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 840.32 670.61 1,057.64 998.51 868.33

ZCZL Industrial Technology 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 1,050.40 985.78 1,152.89 868.33 1,128.46
SHSE:601717
74GF Score
ZCZL Industrial Technology Group Co Ltd SHSE:601717
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZCZL Industrial Technology 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 ¥1,128 Mil mean?
ZCZL Industrial Technology Group Co (SHSE:601717) has a Construction In Progress of ¥1,128 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on ZCZL Industrial Technology Group Co and its competitors.
Is ZCZL Industrial Technology Group Co's Construction In Progress too high?
ZCZL Industrial Technology Group Co's current Construction In Progress is ¥1,128 Mil. Overall, ZCZL Industrial Technology Group Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZCZL Industrial Technology Group Co's Construction In Progress compare to CAT and DE?
ZCZL Industrial Technology Group Co's Construction In Progress of ¥1,128 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Construction In Progress depends on the Farm & Heavy Construction Machinery 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 ZCZL Industrial Technology Group Co and its competitors. ZCZL Industrial Technology Group Co's current Construction In Progress is ¥1,128 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZCZL Industrial Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, ZCZL Industrial Technology Group Co (SHSE:601717) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.26, compared to a current price of ¥15.34 — trading 11.1% below its estimated fair value. The current Construction In Progress is ¥1,128 Mil. ZCZL Industrial Technology Group Co's overall GF Score™ is 74/100 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 ZCZL Industrial Technology Group Co (SHSE:601717), the current Construction In Progress is ¥1,128 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 ZCZL Industrial Technology Group Co (SHSE:601717) Overvalued in 2026?

Based on GuruFocus' analysis, ZCZL Industrial Technology Group Co stock appears to be undervalued. The current stock price of ¥15.34 is trading 11.1% below its estimated GF Value™ of ¥17.26. GuruFocus considers ZCZL Industrial Technology Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:601717:

  • Construction In Progress: ¥1,128 Mil
  • GF Value™: ¥17.26 vs. price of ¥15.34 (11.1% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the SHSE:601717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ZCZL Industrial Technology Group Co Business Description

Other Exchanges 00564:Hong KongZGC:Germany
Address No. 167, 9th Street, Econ-Tech Development Zone, Henan Provincex, Pilot Free Trade Zone, Jingkai District, Zhengzhou, CHN, 450016
ZCZL Industrial Technology Group Co Ltd is an investment holding company. The Group is a supplier of coal mining comprehensive technology and equipment, and automotive parts manufacturing enterprise. The company's operating segment includes the manufacture of coal mining machinery, the manufacture of auto parts, and Industrial intelligence products. The main products are Intelligent working faces, Filling support, Caving support, Shield Support, Scraper Machine, and others. Geographically, the company operates in the PRC, Germany, and other countries.
74GF Score

Get the complete analysis for SHSE:601717

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

¥15.34
Price
¥17.26
GF Value