Zhejiang Dingli Machinery Co (SHSE:603338) Construction In Progress: ¥544 Mil (As of Mar. 2026)

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SHSE:603338 Zhejiang Dingli Machinery Co Ltd SHSE:603338
99 GF Score
Price ¥58.04
GF Value ¥72.38
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Zhejiang Dingli Machinery Co Construction In Progress?

Zhejiang Dingli Machinery Co SHSE:603338 -1.63% 99 Construction In Progress is ¥544 Mil as of Mar. 2026. GuruFocus rates SHSE:603338 with a GF Score™ of 99/100 and a GF Value™ of ¥72.38 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Zhejiang Dingli Machinery Co's quarterly construction in progress increased from Sep. 2025 (¥414 Mil) to Dec. 2025 (¥544 Mil) and increased from Dec. 2025 (¥544 Mil) to Mar. 2026 (¥544 Mil).

Zhejiang Dingli Machinery Co's annual construction in progress declined from Dec. 2023 (¥215 Mil) to Dec. 2024 (¥58 Mil) but then increased from Dec. 2024 (¥58 Mil) to Dec. 2025 (¥544 Mil).

Zhejiang Dingli Machinery Co Construction In Progress Historical Data

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The historical data trend for Zhejiang Dingli Machinery 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.

Zhejiang Dingli Machinery Co Construction In Progress Chart

Zhejiang Dingli Machinery 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 114.61 461.44 214.59 58.35 544.13

Zhejiang Dingli Machinery 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 143.74 241.51 413.78 544.13 544.38
SHSE:603338
99GF Score
Zhejiang Dingli Machinery Co Ltd SHSE:603338
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Dingli Machinery 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 ¥544 Mil mean?
Zhejiang Dingli Machinery Co (SHSE:603338) has a Construction In Progress of ¥544 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Zhejiang Dingli Machinery Co and its competitors.
Is Zhejiang Dingli Machinery Co's Construction In Progress too high?
Zhejiang Dingli Machinery Co's current Construction In Progress is ¥544 Mil. Overall, Zhejiang Dingli Machinery Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dingli Machinery Co's Construction In Progress compare to CAT and DE?
Zhejiang Dingli Machinery Co's Construction In Progress of ¥544 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Construction In Progress depends on the Farm & Heavy Construction Machinery 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 Zhejiang Dingli Machinery Co and its competitors. Zhejiang Dingli Machinery Co's current Construction In Progress is ¥544 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dingli Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co (SHSE:603338) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥72.38, compared to a current price of ¥58.04 — trading 19.8% below its estimated fair value. The current Construction In Progress is ¥544 Mil. Zhejiang Dingli Machinery Co's overall GF Score™ is 99/100 with 1 warning sign 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 Zhejiang Dingli Machinery Co (SHSE:603338), the current Construction In Progress is ¥544 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 Zhejiang Dingli Machinery Co (SHSE:603338) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co stock appears to be undervalued. The current stock price of ¥58.04 is trading 19.8% below its estimated GF Value™ of ¥72.38. GuruFocus considers Zhejiang Dingli Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603338:

  • Construction In Progress: ¥544 Mil
  • GF Value™: ¥72.38 vs. price of ¥58.04 (19.8% below fair value)
  • GF Score™: 99/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Dingli Machinery Co Business Description

Address No. 188, Qihang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313219
Zhejiang Dingli Machinery Co Ltd is engaged in the research and development, production, and sales of aerial work machinery and industrial vehicles. The company manufactures a range of aerial work platforms, including electric, diesel, and hybrid boom lifts, scissor lifts, mast lifts, and specialized models. Its products are applied across industrial, commercial, construction, and engineering sectors, as well as in logistics, petrochemicals, shipbuilding, and specialized fields such as power grids, nuclear facilities, high-speed rail, airports, and tunnels.
99GF Score

Get the complete analysis for SHSE:603338

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

¥58.04
Price
¥72.38
GF Value