Hangzhou Freely Communication Co (SHSE:603602) Construction In Progress: ¥0 Mil (As of Mar. 2026)

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SHSE:603602 Hangzhou Freely Communication Co Ltd SHSE:603602
64 GF Score
Price ¥11.74
GF Value ¥17.50
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hangzhou Freely Communication Co Construction In Progress?

Hangzhou Freely Communication Co SHSE:603602 +1.21% 64 Construction In Progress is ¥0 Mil as of Mar. 2026. GuruFocus rates SHSE:603602 with a GF Score™ of 64/100 and a GF Value™ of ¥17.50 (Possible Value Trap). The stock has 5 warning signs investors should review.

Hangzhou Freely Communication Co's annual construction in progress declined from Dec. 2023 (¥1 Mil) to Dec. 2024 (¥1 Mil) and declined from Dec. 2024 (¥1 Mil) to Dec. 2025 (¥0 Mil).

Hangzhou Freely Communication Co Construction In Progress Historical Data

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The historical data trend for Hangzhou Freely Communication 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.

Hangzhou Freely Communication Co Construction In Progress Chart

Hangzhou Freely Communication 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 126.91 6.71 1.14 1.05 0.00

Hangzhou Freely Communication 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 1.05 0.00 0.00 0.00 0.00
SHSE:603602
64GF Score
Hangzhou Freely Communication Co Ltd SHSE:603602
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Freely Communication 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 ¥0 Mil mean?
Hangzhou Freely Communication Co (SHSE:603602) has a Construction In Progress of ¥0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hangzhou Freely Communication Co and its competitors.
Is Hangzhou Freely Communication Co's Construction In Progress too high?
Hangzhou Freely Communication Co's current Construction In Progress is ¥0 Mil. Overall, Hangzhou Freely Communication Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Freely Communication Co's Construction In Progress compare to VZ and TMUS?
Hangzhou Freely Communication Co's Construction In Progress of ¥0 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Construction In Progress depends on the Telecommunication Services 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 Hangzhou Freely Communication Co and its competitors. Hangzhou Freely Communication Co's current Construction In Progress is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Freely Communication Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Freely Communication Co (SHSE:603602) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.50, compared to a current price of ¥11.74 — trading 32.9% below its estimated fair value. The current Construction In Progress is ¥0 Mil. Hangzhou Freely Communication Co's overall GF Score™ is 64/100 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 Hangzhou Freely Communication Co (SHSE:603602), the current Construction In Progress is ¥0 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 Hangzhou Freely Communication Co (SHSE:603602) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Freely Communication Co stock appears to be undervalued. The current stock price of ¥11.74 is trading 32.9% below its estimated GF Value™ of ¥17.50. GuruFocus considers Hangzhou Freely Communication Co to be Possible Value Trap.

Key valuation signals for SHSE:603602:

  • Construction In Progress: ¥0 Mil
  • GF Value™: ¥17.50 vs. price of ¥11.74 (32.9% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hangzhou Freely Communication Co Business Description

Address No. 190 Xietong Road, Xixing Street, 18th Floor, Building A, Zongheng Communication, Binjiang District, Hangzhou, CHN, 310051
Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation, and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services, and network generation services.
64GF Score

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

¥11.74
Price
¥17.50
GF Value