Shandong Linglong Tyre Co (SHSE:601966) Construction In Progress: ¥4,135 Mil (As of Mar. 2026)

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SHSE:601966 Shandong Linglong Tyre Co Ltd SHSE:601966
69 GF Score
Price ¥11.07
GF Value ¥20.23
Valuation Possible Value Trap
! 6 Warning Signs
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What is Shandong Linglong Tyre Co Construction In Progress?

Shandong Linglong Tyre Co SHSE:601966 +1.84% 69 Construction In Progress is ¥4,135 Mil as of Mar. 2026. GuruFocus rates SHSE:601966 with a GF Score™ of 69/100 and a GF Value™ of ¥20.23 (Possible Value Trap). The stock has 6 warning signs investors should review.

Shandong Linglong Tyre Co's quarterly construction in progress declined from Sep. 2025 (¥4,639 Mil) to Dec. 2025 (¥4,213 Mil) and declined from Dec. 2025 (¥4,213 Mil) to Mar. 2026 (¥4,135 Mil).

Shandong Linglong Tyre Co's annual construction in progress declined from Dec. 2023 (¥7,577 Mil) to Dec. 2024 (¥4,833 Mil) and declined from Dec. 2024 (¥4,833 Mil) to Dec. 2025 (¥4,213 Mil).

Shandong Linglong Tyre Co Construction In Progress Historical Data

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The historical data trend for Shandong Linglong Tyre 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.

Shandong Linglong Tyre Co Construction In Progress Chart

Shandong Linglong Tyre 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 5,140.02 7,702.13 7,576.64 4,832.66 4,213.15

Shandong Linglong Tyre 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 5,119.33 5,042.53 4,638.66 4,213.15 4,135.23
SHSE:601966
69GF Score
Shandong Linglong Tyre Co Ltd SHSE:601966
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Linglong Tyre 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 ¥4,135 Mil mean?
Shandong Linglong Tyre Co (SHSE:601966) has a Construction In Progress of ¥4,135 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shandong Linglong Tyre Co and its competitors.
Is Shandong Linglong Tyre Co's Construction In Progress too high?
Shandong Linglong Tyre Co's current Construction In Progress is ¥4,135 Mil. Overall, Shandong Linglong Tyre Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Linglong Tyre Co's Construction In Progress compare to ORLY and AZO?
Shandong Linglong Tyre Co's Construction In Progress of ¥4,135 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Shandong Linglong Tyre Co and its competitors. Shandong Linglong Tyre Co's current Construction In Progress is ¥4,135 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Linglong Tyre Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Linglong Tyre Co (SHSE:601966) is currently considered Possible Value Trap. The stock's GF Value™ is ¥20.23, compared to a current price of ¥11.07 — trading 45.3% below its estimated fair value. The current Construction In Progress is ¥4,135 Mil. Shandong Linglong Tyre Co's overall GF Score™ is 69/100 with 6 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 Shandong Linglong Tyre Co (SHSE:601966), the current Construction In Progress is ¥4,135 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 Shandong Linglong Tyre Co (SHSE:601966) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Linglong Tyre Co stock appears to be undervalued. The current stock price of ¥11.07 is trading 45.3% below its estimated GF Value™ of ¥20.23. GuruFocus considers Shandong Linglong Tyre Co to be Possible Value Trap.

Key valuation signals for SHSE:601966:

  • Construction In Progress: ¥4,135 Mil
  • GF Value™: ¥20.23 vs. price of ¥11.07 (45.3% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the SHSE:601966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shandong Linglong Tyre Co Business Description

Address No. 777, Jinlong Road, Shandong Province, Zhaoyuan, CHN, 265406
Shandong Linglong Tyre Co Ltd is a China-based tire manufacturing company engaged in the business of manufacturing and selling tires. Its product portfolio comprises of passenger car radial tires, light truck radial tires, truck and bus radial tires, specialty tires, winter tires, SUV tires, and others. It offers tire products under the brands Linglong, LEAO, GREEN MAX, ATLAS, INFINITY, CROSSWIND, and EVOLUXX.
69GF Score

Get the complete analysis for SHSE:601966

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

¥11.07
Price
¥20.23
GF Value