China Testing & Certification International Group Co (SHSE:603060) Construction In Progress: ¥44 Mil (As of Mar. 2026)

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SHSE:603060 China Testing & Certification International Group Co Ltd SHSE:603060
90 GF Score
Price ¥5.31
GF Value ¥6.85
Valuation Modestly Undervalued
! 8 Warning Signs
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What is China Testing & Certification International Group Co Construction In Progress?

China Testing & Certification International Group Co SHSE:603060 -3.28% 90 Construction In Progress is ¥44 Mil as of Mar. 2026. GuruFocus rates SHSE:603060 with a GF Score™ of 90/100 and a GF Value™ of ¥6.85 (Modestly Undervalued). The stock has 8 warning signs investors should review.

China Testing & Certification International Group Co's quarterly construction in progress declined from Sep. 2025 (¥205 Mil) to Dec. 2025 (¥36 Mil) but then increased from Dec. 2025 (¥36 Mil) to Mar. 2026 (¥44 Mil).

China Testing & Certification International Group Co's annual construction in progress declined from Dec. 2023 (¥355 Mil) to Dec. 2024 (¥235 Mil) and declined from Dec. 2024 (¥235 Mil) to Dec. 2025 (¥36 Mil).

China Testing & Certification International Group Co Construction In Progress Historical Data

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The historical data trend for China Testing & Certification International 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.

China Testing & Certification International Group Co Construction In Progress Chart

China Testing & Certification International 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 224.04 375.28 355.31 234.75 36.25

China Testing & Certification International 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 182.03 194.42 205.15 36.25 43.64
SHSE:603060
90GF Score
China Testing & Certification International Group Co Ltd SHSE:603060
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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China Testing & Certification International 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 ¥44 Mil mean?
China Testing & Certification International Group Co (SHSE:603060) has a Construction In Progress of ¥44 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on China Testing & Certification International Group Co and its competitors.
Is China Testing & Certification International Group Co's Construction In Progress too high?
China Testing & Certification International Group Co's current Construction In Progress is ¥44 Mil. Overall, China Testing & Certification International Group Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Testing & Certification International Group Co's Construction In Progress compare to VRSK and EFX?
China Testing & Certification International Group Co's Construction In Progress of ¥44 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Construction In Progress depends on the Business Services 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 China Testing & Certification International Group Co and its competitors. China Testing & Certification International Group Co's current Construction In Progress is ¥44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Testing & Certification International Group Co stock overvalued right now?
Based on GuruFocus' analysis, China Testing & Certification International Group Co (SHSE:603060) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.85, compared to a current price of ¥5.31 — trading 22.5% below its estimated fair value. The current Construction In Progress is ¥44 Mil. China Testing & Certification International Group Co's overall GF Score™ is 90/100 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 China Testing & Certification International Group Co (SHSE:603060), the current Construction In Progress is ¥44 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 China Testing & Certification International Group Co (SHSE:603060) Overvalued in 2026?

Based on GuruFocus' analysis, China Testing & Certification International Group Co stock appears to be undervalued. The current stock price of ¥5.31 is trading 22.5% below its estimated GF Value™ of ¥6.85. GuruFocus considers China Testing & Certification International Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603060:

  • Construction In Progress: ¥44 Mil
  • GF Value™: ¥6.85 vs. price of ¥5.31 (22.5% below fair value)
  • GF Score™: 90/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Testing & Certification International Group Co Business Description

Address No. 1 Guanzhuang Dongli, South Building, Research and Production Area, Chaoyang District, Beijing, CHN, 100024
China Testing & Certification International Group Co Ltd provides third-party inspection and certification services in the fields of building materials and construction engineering. Its service offering comprises certification, safety and instrument development services as well as extended services such as energy-saving emission reduction technology services, standardization services, personnel training and occupational skill identification. The company primarily serve the building materials and construction engineering enterprises, solar photovoltaic product production and application enterprises, carbon emission trading units, product quality and technical supervision departments, industrial and commercial management departments and safety production supervision departments.
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.31
Price
¥6.85
GF Value