Hubei Jianghan New Materials Co (SHSE:603281) Construction In Progress: ¥127 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:603281 Hubei Jianghan New Materials Co Ltd SHSE:603281
79 GF Score
Price ¥19.14
GF Value ¥17.62
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Hubei Jianghan New Materials Co Construction In Progress?

Hubei Jianghan New Materials Co SHSE:603281 +3.35% 79 Construction In Progress is ¥127 Mil as of Mar. 2026. GuruFocus rates SHSE:603281 with a GF Score™ of 79/100 and a GF Value™ of ¥17.62 (Fairly Valued). The stock has 5 warning signs investors should review.

Hubei Jianghan New Materials Co's quarterly construction in progress declined from Sep. 2025 (¥278 Mil) to Dec. 2025 (¥185 Mil) and declined from Dec. 2025 (¥185 Mil) to Mar. 2026 (¥127 Mil).

Hubei Jianghan New Materials Co's annual construction in progress increased from Dec. 2023 (¥151 Mil) to Dec. 2024 (¥256 Mil) but then declined from Dec. 2024 (¥256 Mil) to Dec. 2025 (¥185 Mil).

Hubei Jianghan New Materials Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Hubei Jianghan New Materials 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.

Hubei Jianghan New Materials Co Construction In Progress Chart

Hubei Jianghan New Materials Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 119.48 76.10 150.95 255.99 185.23

Hubei Jianghan New Materials Co Quarterly Data
Mar21 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 178.92 240.71 278.06 185.23 127.23
SHSE:603281
79GF Score
Hubei Jianghan New Materials Co Ltd SHSE:603281
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hubei Jianghan New Materials 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 ¥127 Mil mean?
Hubei Jianghan New Materials Co (SHSE:603281) has a Construction In Progress of ¥127 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hubei Jianghan New Materials Co and its competitors.
Is Hubei Jianghan New Materials Co's Construction In Progress too high?
Hubei Jianghan New Materials Co's current Construction In Progress is ¥127 Mil. Overall, Hubei Jianghan New Materials Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hubei Jianghan New Materials Co's Construction In Progress compare to DOW?
Hubei Jianghan New Materials Co's Construction In Progress of ¥127 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 Hubei Jianghan New Materials Co and its competitors. Hubei Jianghan New Materials Co's current Construction In Progress is ¥127 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubei Jianghan New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hubei Jianghan New Materials Co (SHSE:603281) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.62, compared to a current price of ¥19.14 — trading 8.6% above its estimated fair value. The current Construction In Progress is ¥127 Mil. Hubei Jianghan New Materials Co's overall GF Score™ is 79/100 with 5 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 Hubei Jianghan New Materials Co (SHSE:603281), the current Construction In Progress is ¥127 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 Hubei Jianghan New Materials Co (SHSE:603281) Overvalued in 2026?

Based on GuruFocus' analysis, Hubei Jianghan New Materials Co stock appears to be overvalued. The current stock price of ¥19.14 is trading 8.6% above its estimated GF Value™ of ¥17.62. GuruFocus considers Hubei Jianghan New Materials Co to be Fairly Valued.

Key valuation signals for SHSE:603281:

  • Construction In Progress: ¥127 Mil
  • GF Value™: ¥17.62 vs. price of ¥19.14 (8.6% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hubei Jianghan New Materials Co Business Description

Address No. 36, Qunli Avenue, Shashi Economic Development Zone, Hubei Province, Jingzhou, CHN, 434000
Hubei Jianghan New Materials Co Ltd is engaged in the research and development, production and sales of functional organosilanes and other silicon-based new materials.
79GF Score

Get the complete analysis for SHSE:603281

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

¥19.14
Price
¥17.62
GF Value