Zhejiang Weiming Environment Protection Co (SHSE:603568) Construction In Progress: ¥1,533 Mil (As of Mar. 2026)


SHSE:603568 Zhejiang Weiming Environment Protection Co Ltd SHSE:603568
84 GF Score
Price ¥15.85
GF Value ¥16.04
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Zhejiang Weiming Environment Protection Co Construction In Progress?

Zhejiang Weiming Environment Protection Co SHSE:603568 -2.04% 84 Construction In Progress is ¥1,533 Mil as of Mar. 2026. GuruFocus rates SHSE:603568 with a GF Score™ of 84/100 and a GF Value™ of ¥16.04 (Fairly Valued). The stock has 6 warning signs investors should review.

Zhejiang Weiming Environment Protection Co's quarterly construction in progress declined from Sep. 2025 (¥2,866 Mil) to Dec. 2025 (¥1,435 Mil) but then increased from Dec. 2025 (¥1,435 Mil) to Mar. 2026 (¥1,533 Mil).

Zhejiang Weiming Environment Protection Co's annual construction in progress increased from Dec. 2023 (¥848 Mil) to Dec. 2024 (¥2,375 Mil) but then declined from Dec. 2024 (¥2,375 Mil) to Dec. 2025 (¥1,435 Mil).

Zhejiang Weiming Environment Protection Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Zhejiang Weiming Environment Protection 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 Weiming Environment Protection Co Construction In Progress Chart

Zhejiang Weiming Environment Protection 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 314.41 374.40 848.43 2,374.61 1,434.81

Zhejiang Weiming Environment Protection 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 2,523.22 2,715.86 2,865.72 1,434.81 1,532.73
SHSE:603568
84GF Score
Zhejiang Weiming Environment Protection Co Ltd SHSE:603568
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Weiming Environment Protection 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 ¥1,533 Mil mean?
Zhejiang Weiming Environment Protection Co (SHSE:603568) has a Construction In Progress of ¥1,533 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Zhejiang Weiming Environment Protection Co and its competitors.
Is Zhejiang Weiming Environment Protection Co's Construction In Progress too high?
Zhejiang Weiming Environment Protection Co's current Construction In Progress is ¥1,533 Mil. Overall, Zhejiang Weiming Environment Protection Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Weiming Environment Protection Co's Construction In Progress compare to WM and RSG?
Zhejiang Weiming Environment Protection Co's Construction In Progress of ¥1,533 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Construction In Progress depends on the Waste Management 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 Weiming Environment Protection Co and its competitors. Zhejiang Weiming Environment Protection Co's current Construction In Progress is ¥1,533 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Weiming Environment Protection Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Weiming Environment Protection Co (SHSE:603568) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.04, compared to a current price of ¥15.85 — trading 1.2% below its estimated fair value. The current Construction In Progress is ¥1,533 Mil. Zhejiang Weiming Environment Protection Co's overall GF Score™ is 84/100 with 6 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 Zhejiang Weiming Environment Protection Co (SHSE:603568), the current Construction In Progress is ¥1,533 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 Weiming Environment Protection Co (SHSE:603568) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Weiming Environment Protection Co stock appears to be undervalued. The current stock price of ¥15.85 is trading 1.2% below its estimated GF Value™ of ¥16.04. GuruFocus considers Zhejiang Weiming Environment Protection Co to be Fairly Valued.

Key valuation signals for SHSE:603568:

  • Construction In Progress: ¥1,533 Mil
  • GF Value™: ¥16.04 vs. price of ¥15.85 (1.2% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Weiming Environment Protection Co Business Description

Address No. 525, Shifu Road, 16th Floor, Tongren Hengjiu Building, Zhejiang Province, Wenzhou, CHN, 325088
Zhejiang Weiming Environment Protection Co Ltd is a China-based company engaged in the solid waste disposal business. It is focused on solid waste-related technological development, equipment manufacturing and sales, project investment, project construction, and operational management. The company is also engaged in waste incineration power generation projects. The company's products include waste incineration grates, boilers, and flue gas treatment systems.
84GF Score

Get the complete analysis for SHSE:603568

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

¥15.85
Price
¥16.04
GF Value