Zhejiangnmei Chemical Industry Co (SHSE:603379) Construction In Progress: ¥2,391 Mil (As of Mar. 2026)


SHSE:603379 Zhejiang Sanmei Chemical Industry Co Ltd SHSE:603379
94 GF Score
Price ¥70.58
GF Value ¥66.48
Valuation Fairly Valued
! 5 Warning Signs
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What is Zhejiangnmei Chemical Industry Co Construction In Progress?

Zhejiangnmei Chemical Industry Co SHSE:603379 -1.22% 94 Construction In Progress is ¥2,391 Mil as of Mar. 2026. GuruFocus rates SHSE:603379 with a GF Score™ of 94/100 and a GF Value™ of ¥66.48 (Fairly Valued). The stock has 5 warning signs investors should review.

Zhejiangnmei Chemical Industry Co's quarterly construction in progress increased from Sep. 2025 (¥1,607 Mil) to Dec. 2025 (¥2,201 Mil) and increased from Dec. 2025 (¥2,201 Mil) to Mar. 2026 (¥2,391 Mil).

Zhejiangnmei Chemical Industry Co's annual construction in progress increased from Dec. 2023 (¥229 Mil) to Dec. 2024 (¥675 Mil) and increased from Dec. 2024 (¥675 Mil) to Dec. 2025 (¥2,201 Mil).

Zhejiangnmei Chemical Industry Co Construction In Progress Historical Data

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The historical data trend for Zhejiangnmei Chemical Industry 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.

Zhejiangnmei Chemical Industry Co Construction In Progress Chart

Zhejiangnmei Chemical Industry 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 57.46 259.04 228.88 675.43 2,200.73

Zhejiangnmei Chemical Industry 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 763.12 980.69 1,606.59 2,200.73 2,390.62
SHSE:603379
94GF Score
Zhejiang Sanmei Chemical Industry Co Ltd SHSE:603379
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiangnmei Chemical Industry 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 ¥2,391 Mil mean?
Zhejiangnmei Chemical Industry Co (SHSE:603379) has a Construction In Progress of ¥2,391 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Zhejiangnmei Chemical Industry Co and its competitors.
Is Zhejiangnmei Chemical Industry Co's Construction In Progress too high?
Zhejiangnmei Chemical Industry Co's current Construction In Progress is ¥2,391 Mil. Overall, Zhejiangnmei Chemical Industry Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiangnmei Chemical Industry Co's Construction In Progress compare to DOW?
Zhejiangnmei Chemical Industry Co's Construction In Progress of ¥2,391 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 Zhejiangnmei Chemical Industry Co and its competitors. Zhejiangnmei Chemical Industry Co's current Construction In Progress is ¥2,391 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiangnmei Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiangnmei Chemical Industry Co (SHSE:603379) is currently considered Fairly Valued. The stock's GF Value™ is ¥66.48, compared to a current price of ¥70.58 — trading 6.2% above its estimated fair value. The current Construction In Progress is ¥2,391 Mil. Zhejiangnmei Chemical Industry Co's overall GF Score™ is 94/100 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 Zhejiangnmei Chemical Industry Co (SHSE:603379), the current Construction In Progress is ¥2,391 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 Zhejiangnmei Chemical Industry Co (SHSE:603379) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiangnmei Chemical Industry Co stock appears to be overvalued. The current stock price of ¥70.58 is trading 6.2% above its estimated GF Value™ of ¥66.48. GuruFocus considers Zhejiangnmei Chemical Industry Co to be Fairly Valued.

Key valuation signals for SHSE:603379:

  • Construction In Progress: ¥2,391 Mil
  • GF Value™: ¥66.48 vs. price of ¥70.58 (6.2% above fair value)
  • GF Score™: 94/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiangnmei Chemical Industry Co Business Description

Address Hushlindustrial Zone, Qingnian Road, Zhejiang Province, Wuyi County, Jinhua, CHN, 321200
Zhejiang Sanmei Chemical Industry Co Ltd is specialized in research and development and product production of fluorine chemical products. The products are sold to more than 30 provinces and cities nationwide and more than 100 countries and regions around the world. The company has two series of products, organic fluorine and inorganic fluorine.
94GF Score

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

¥70.58
Price
¥66.48
GF Value