Zhejiang Wansheng Co (SHSE:603010) Construction In Progress: ¥387 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:603010 Zhejiang Wansheng Co Ltd SHSE:603010
61 GF Score
Price ¥10.90
GF Value ¥11.03
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Zhejiang Wansheng Co Construction In Progress?

Zhejiang Wansheng Co SHSE:603010 +1.02% 61 Construction In Progress is ¥387 Mil as of Mar. 2026. GuruFocus rates SHSE:603010 with a GF Score™ of 61/100 and a GF Value™ of ¥11.03 (Fairly Valued). The stock has 8 warning signs investors should review.

Zhejiang Wansheng Co's quarterly construction in progress declined from Sep. 2025 (¥794 Mil) to Dec. 2025 (¥298 Mil) but then increased from Dec. 2025 (¥298 Mil) to Mar. 2026 (¥387 Mil).

Zhejiang Wansheng Co's annual construction in progress declined from Dec. 2023 (¥1,692 Mil) to Dec. 2024 (¥997 Mil) and declined from Dec. 2024 (¥997 Mil) to Dec. 2025 (¥298 Mil).

Zhejiang Wansheng Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Zhejiang Wansheng 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.

Zhejiang Wansheng Co Construction In Progress Chart

Zhejiang Wansheng 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 203.01 963.46 1,692.33 996.92 297.67

Zhejiang Wansheng 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 996.16 946.71 793.63 297.67 386.57
SHSE:603010
61GF Score
Zhejiang Wansheng Co Ltd SHSE:603010
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Wansheng 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 ¥387 Mil mean?
Zhejiang Wansheng Co (SHSE:603010) has a Construction In Progress of ¥387 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Zhejiang Wansheng Co and its competitors.
Is Zhejiang Wansheng Co's Construction In Progress too high?
Zhejiang Wansheng Co's current Construction In Progress is ¥387 Mil. Overall, Zhejiang Wansheng Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wansheng Co's Construction In Progress compare to LIN and SHW?
Zhejiang Wansheng Co's Construction In Progress of ¥387 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Zhejiang Wansheng Co and its competitors. Zhejiang Wansheng Co's current Construction In Progress is ¥387 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wansheng Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wansheng Co (SHSE:603010) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.03, compared to a current price of ¥10.90 — trading 1.2% below its estimated fair value. The current Construction In Progress is ¥387 Mil. Zhejiang Wansheng Co's overall GF Score™ is 61/100 with 8 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 Zhejiang Wansheng Co (SHSE:603010), the current Construction In Progress is ¥387 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 Zhejiang Wansheng Co (SHSE:603010) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Wansheng Co stock appears to be undervalued. The current stock price of ¥10.90 is trading 1.2% below its estimated GF Value™ of ¥11.03. GuruFocus considers Zhejiang Wansheng Co to be Fairly Valued.

Key valuation signals for SHSE:603010:

  • Construction In Progress: ¥387 Mil
  • GF Value™: ¥11.03 vs. price of ¥10.90 (1.2% below fair value)
  • GF Score™: 61/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Wansheng Co Business Description

Address Liangshui Development Zone, No. 8, Jujing Road, Zhejiang Province, Linhai, CHN
Zhejiang Wansheng Co Ltd is a China-based chemical producer. The company is engaged in the manufacturing and sale of organic phosphorus-based flame retardants for rigid and flexible foam, special amines, and cardanol based curing agents and diluents. Its products are mainly used in the aerospace, automotive, electronics, construction, and furniture industry. The firm has a global presence and its products are exported to various countries and regions including the United States, Europe, South America, South Korea, Japan, and Southeast Asia.
61GF Score

Get the complete analysis for SHSE:603010

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

¥10.90
Price
¥11.03
GF Value