G-bits Network Technology (Xiamen) Co (SHSE:603444) Construction In Progress: ¥13 Mil (As of Mar. 2026)

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SHSE:603444 G-bits Network Technology (Xiamen) Co Ltd SHSE:603444
93 GF Score
Price ¥385.01
GF Value ¥409.96
Valuation Fairly Valued
! 1 Warning Sign
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What is G-bits Network Technology (Xiamen) Co Construction In Progress?

G-bits Network Technology (Xiamen) Co SHSE:603444 -1.11% 93 Construction In Progress is ¥13 Mil as of Mar. 2026. GuruFocus rates SHSE:603444 with a GF Score™ of 93/100 and a GF Value™ of ¥409.96 (Fairly Valued). The stock has 1 warning sign investors should review.

G-bits Network Technology (Xiamen) Co's quarterly construction in progress declined from Sep. 2025 (¥23 Mil) to Dec. 2025 (¥13 Mil) but then stayed the same from Dec. 2025 (¥13 Mil) to Mar. 2026 (¥13 Mil).

G-bits Network Technology (Xiamen) Co's annual construction in progress increased from Dec. 2023 (¥2 Mil) to Dec. 2024 (¥13 Mil) but then declined from Dec. 2024 (¥13 Mil) to Dec. 2025 (¥13 Mil).

G-bits Network Technology (Xiamen) Co Construction In Progress Historical Data

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The historical data trend for G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co Construction In Progress Chart

G-bits Network Technology (Xiamen) 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 0.00 0.00 1.66 13.43 13.40

G-bits Network Technology (Xiamen) 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 15.64 19.73 23.50 13.40 13.40
SHSE:603444
93GF Score
G-bits Network Technology (Xiamen) Co Ltd SHSE:603444
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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G-bits Network Technology (Xiamen) 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 ¥13 Mil mean?
G-bits Network Technology (Xiamen) Co (SHSE:603444) has a Construction In Progress of ¥13 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on G-bits Network Technology (Xiamen) Co and its competitors.
Is G-bits Network Technology (Xiamen) Co's Construction In Progress too high?
G-bits Network Technology (Xiamen) Co's current Construction In Progress is ¥13 Mil. Overall, G-bits Network Technology (Xiamen) Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does G-bits Network Technology (Xiamen) Co's Construction In Progress compare to NTES and EA?
G-bits Network Technology (Xiamen) Co's Construction In Progress of ¥13 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Construction In Progress depends on the Interactive Media 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 G-bits Network Technology (Xiamen) Co and its competitors. G-bits Network Technology (Xiamen) Co's current Construction In Progress is ¥13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-bits Network Technology (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, G-bits Network Technology (Xiamen) Co (SHSE:603444) is currently considered Fairly Valued. The stock's GF Value™ is ¥409.96, compared to a current price of ¥385.01 — trading 6.1% below its estimated fair value. The current Construction In Progress is ¥13 Mil. G-bits Network Technology (Xiamen) Co's overall GF Score™ is 93/100 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 G-bits Network Technology (Xiamen) Co (SHSE:603444), the current Construction In Progress is ¥13 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 G-bits Network Technology (Xiamen) Co (SHSE:603444) Overvalued in 2026?

Based on GuruFocus' analysis, G-bits Network Technology (Xiamen) Co stock appears to be undervalued. The current stock price of ¥385.01 is trading 6.1% below its estimated GF Value™ of ¥409.96. GuruFocus considers G-bits Network Technology (Xiamen) Co to be Fairly Valued.

Key valuation signals for SHSE:603444:

  • Construction In Progress: ¥13 Mil
  • GF Value™: ¥409.96 vs. price of ¥385.01 (6.1% below fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

G-bits Network Technology (Xiamen) Co Business Description

Address Room 101, No. 4, Wanghai Road, Xiamen Software Park, Fujian Province, Xiamen, CHN, 361008
G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.
93GF Score

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

¥385.01
Price
¥409.96
GF Value