Chengdu Lihang Technology Co (SHSE:603261) Construction In Progress: ¥32.3 Mil (As of Mar. 2026)


SHSE:603261 Chengdu Lihang Technology Co Ltd SHSE:603261
59 GF Score
Price ¥51.29
GF Value ¥32.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Chengdu Lihang Technology Co Construction In Progress?

Chengdu Lihang Technology Co SHSE:603261 +3.49% 59 Construction In Progress is ¥32.3 Mil as of Mar. 2026. GuruFocus rates SHSE:603261 with a GF Score™ of 59/100 and a GF Value™ of ¥32.30 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Chengdu Lihang Technology Co's quarterly construction in progress declined from Sep. 2025 (¥68.0 Mil) to Dec. 2025 (¥32.2 Mil) but then increased from Dec. 2025 (¥32.2 Mil) to Mar. 2026 (¥32.3 Mil).

Chengdu Lihang Technology Co's annual construction in progress increased from Dec. 2023 (¥68.7 Mil) to Dec. 2024 (¥104.7 Mil) but then declined from Dec. 2024 (¥104.7 Mil) to Dec. 2025 (¥32.2 Mil).

Chengdu Lihang Technology Co Construction In Progress Historical Data

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The historical data trend for Chengdu Lihang Technology 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.

Chengdu Lihang Technology Co Construction In Progress Chart

Chengdu Lihang Technology 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 4.84 13.39 68.74 104.67 32.22

Chengdu Lihang Technology 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 101.90 79.34 67.99 32.22 32.32
SHSE:603261
59GF Score
Chengdu Lihang Technology Co Ltd SHSE:603261
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu Lihang Technology 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 ¥32.3 Mil mean?
Chengdu Lihang Technology Co (SHSE:603261) has a Construction In Progress of ¥32.3 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Chengdu Lihang Technology Co and its competitors.
Is Chengdu Lihang Technology Co's Construction In Progress too high?
Chengdu Lihang Technology Co's current Construction In Progress is ¥32.3 Mil. Overall, Chengdu Lihang Technology Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Lihang Technology Co's Construction In Progress compare to SPCX and GE?
Chengdu Lihang Technology Co's Construction In Progress of ¥32.3 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Chengdu Lihang Technology Co and its competitors. Chengdu Lihang Technology Co's current Construction In Progress is ¥32.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Lihang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Lihang Technology Co (SHSE:603261) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.30, compared to a current price of ¥51.29 — trading 58.8% above its estimated fair value. The current Construction In Progress is ¥32.3 Mil. Chengdu Lihang Technology Co's overall GF Score™ is 59/100 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 Chengdu Lihang Technology Co (SHSE:603261), the current Construction In Progress is ¥32.3 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 Chengdu Lihang Technology Co (SHSE:603261) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Lihang Technology Co stock appears to be overvalued. The current stock price of ¥51.29 is trading 58.8% above its estimated GF Value™ of ¥32.30. GuruFocus considers Chengdu Lihang Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603261:

  • Construction In Progress: ¥32.3 Mil
  • GF Value™: ¥32.30 vs. price of ¥51.29 (58.8% above fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chengdu Lihang Technology Co Business Description

Address No. 1 attached to No. 24 Yongfeng Road, Chengdu High-tech Zone, Sichuan Province, Chengdu, CHN, 610091
Chengdu Lihang Technology Co Ltd is engaged in production, maintenance and support of aircraft. The company's products and services include Digital jack and attitude adjustment platform, digital chemical engineering laboratory, and Assembly of the barrel section of the fuselage of a certain type of civil regional airliner.
59GF Score

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

¥51.29
Price
¥32.30
GF Value