ADD Industry (Zhejiang) (SHSE:603089) Construction In Progress: ¥66 Mil (As of Mar. 2026)

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SHSE:603089 ADD Industry (Zhejiang) Corp Ltd SHSE:603089
67 GF Score
Price ¥8.21
GF Value ¥13.66
Valuation Possible Value Trap
! 7 Warning Signs
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What is ADD Industry (Zhejiang) Construction In Progress?

ADD Industry (Zhejiang) SHSE:603089 -3.18% 67 Construction In Progress is ¥66 Mil as of Mar. 2026. GuruFocus rates SHSE:603089 with a GF Score™ of 67/100 and a GF Value™ of ¥13.66 (Possible Value Trap). The stock has 7 warning signs investors should review.

ADD Industry (Zhejiang)'s quarterly construction in progress declined from Sep. 2025 (¥134 Mil) to Dec. 2025 (¥72 Mil) and declined from Dec. 2025 (¥72 Mil) to Mar. 2026 (¥66 Mil).

ADD Industry (Zhejiang)'s annual construction in progress declined from Dec. 2023 (¥153 Mil) to Dec. 2024 (¥127 Mil) and declined from Dec. 2024 (¥127 Mil) to Dec. 2025 (¥72 Mil).

ADD Industry (Zhejiang) Construction In Progress Historical Data

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The historical data trend for ADD Industry (Zhejiang)'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.

ADD Industry (Zhejiang) Construction In Progress Chart

ADD Industry (Zhejiang) 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 120.28 151.99 152.74 126.91 71.65

ADD Industry (Zhejiang) 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 134.54 191.23 133.74 71.65 65.52
SHSE:603089
67GF Score
ADD Industry (Zhejiang) Corp Ltd SHSE:603089
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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ADD Industry (Zhejiang) 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 ¥66 Mil mean?
ADD Industry (Zhejiang) (SHSE:603089) has a Construction In Progress of ¥66 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on ADD Industry (Zhejiang) and its competitors.
Is ADD Industry (Zhejiang)'s Construction In Progress too high?
ADD Industry (Zhejiang)'s current Construction In Progress is ¥66 Mil. Overall, ADD Industry (Zhejiang) has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ADD Industry (Zhejiang)'s Construction In Progress compare to ORLY and AZO?
ADD Industry (Zhejiang)'s Construction In Progress of ¥66 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 ADD Industry (Zhejiang) and its competitors. ADD Industry (Zhejiang)'s current Construction In Progress is ¥66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADD Industry (Zhejiang) stock overvalued right now?
Based on GuruFocus' analysis, ADD Industry (Zhejiang) (SHSE:603089) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.66, compared to a current price of ¥8.21 — trading 39.9% below its estimated fair value. The current Construction In Progress is ¥66 Mil. ADD Industry (Zhejiang)'s overall GF Score™ is 67/100 with 7 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 ADD Industry (Zhejiang) (SHSE:603089), the current Construction In Progress is ¥66 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 ADD Industry (Zhejiang) (SHSE:603089) Overvalued in 2026?

Based on GuruFocus' analysis, ADD Industry (Zhejiang) stock appears to be undervalued. The current stock price of ¥8.21 is trading 39.9% below its estimated GF Value™ of ¥13.66. GuruFocus considers ADD Industry (Zhejiang) to be Possible Value Trap.

Key valuation signals for SHSE:603089:

  • Construction In Progress: ¥66 Mil
  • GF Value™: ¥13.66 vs. price of ¥8.21 (39.9% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ADD Industry (Zhejiang) Business Description

Address No. 1, Zhengyu Road, Economic Development Zone, Zhejiang Province, Yuhuan, CHN, 317607
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
67GF Score

Get the complete analysis for SHSE:603089

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

¥8.21
Price
¥13.66
GF Value