Hunan Meihu Intelligent Manufacturing Co (SHSE:603319) Construction In Progress: ¥271 Mil (As of Mar. 2026)

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SHSE:603319 Hunan Meihu Intelligent Manufacturing Co Ltd SHSE:603319
81 GF Score
Price ¥25.05
GF Value ¥17.43
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hunan Meihu Intelligent Manufacturing Co Construction In Progress?

Hunan Meihu Intelligent Manufacturing Co SHSE:603319 +6.60% 81 Construction In Progress is ¥271 Mil as of Mar. 2026. GuruFocus rates SHSE:603319 with a GF Score™ of 81/100 and a GF Value™ of ¥17.43 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Hunan Meihu Intelligent Manufacturing Co's quarterly construction in progress declined from Sep. 2025 (¥294 Mil) to Dec. 2025 (¥225 Mil) but then increased from Dec. 2025 (¥225 Mil) to Mar. 2026 (¥271 Mil).

Hunan Meihu Intelligent Manufacturing Co's annual construction in progress increased from Dec. 2023 (¥210 Mil) to Dec. 2024 (¥250 Mil) but then declined from Dec. 2024 (¥250 Mil) to Dec. 2025 (¥225 Mil).

Hunan Meihu Intelligent Manufacturing Co Construction In Progress Historical Data

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The historical data trend for Hunan Meihu Intelligent Manufacturing 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.

Hunan Meihu Intelligent Manufacturing Co Construction In Progress Chart

Hunan Meihu Intelligent Manufacturing 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 115.59 93.20 209.55 250.36 225.08

Hunan Meihu Intelligent Manufacturing 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 316.40 294.61 294.23 225.08 270.67
SHSE:603319
81GF Score
Hunan Meihu Intelligent Manufacturing Co Ltd SHSE:603319
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Hunan Meihu Intelligent Manufacturing 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 ¥271 Mil mean?
Hunan Meihu Intelligent Manufacturing Co (SHSE:603319) has a Construction In Progress of ¥271 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hunan Meihu Intelligent Manufacturing Co and its competitors.
Is Hunan Meihu Intelligent Manufacturing Co's Construction In Progress too high?
Hunan Meihu Intelligent Manufacturing Co's current Construction In Progress is ¥271 Mil. Overall, Hunan Meihu Intelligent Manufacturing Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Meihu Intelligent Manufacturing Co's Construction In Progress compare to ORLY and AZO?
Hunan Meihu Intelligent Manufacturing Co's Construction In Progress of ¥271 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 Hunan Meihu Intelligent Manufacturing Co and its competitors. Hunan Meihu Intelligent Manufacturing Co's current Construction In Progress is ¥271 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Meihu Intelligent Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Meihu Intelligent Manufacturing Co (SHSE:603319) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.43, compared to a current price of ¥25.05 — trading 43.7% above its estimated fair value. The current Construction In Progress is ¥271 Mil. Hunan Meihu Intelligent Manufacturing Co's overall GF Score™ is 81/100 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 Hunan Meihu Intelligent Manufacturing Co (SHSE:603319), the current Construction In Progress is ¥271 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 Hunan Meihu Intelligent Manufacturing Co (SHSE:603319) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan Meihu Intelligent Manufacturing Co stock appears to be overvalued. The current stock price of ¥25.05 is trading 43.7% above its estimated GF Value™ of ¥17.43. GuruFocus considers Hunan Meihu Intelligent Manufacturing Co to be Significantly Overvalued.

Key valuation signals for SHSE:603319:

  • Construction In Progress: ¥271 Mil
  • GF Value™: ¥17.43 vs. price of ¥25.05 (43.7% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hunan Meihu Intelligent Manufacturing Co Business Description

Address No. 69, North Hengyue Road, Hengdong County, Hunan Province, Chengguan, CHN, 421400
Hunan Meihu Intelligent Manufacturing Co Ltd manufactures and sells oil pumps including diesel engine pumps, gasoline, mechanical and electric control variable displacement oil pumps, cooling water pumps and among others.
81GF Score

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

¥25.05
Price
¥17.43
GF Value