Anhui Province Natural Gas Development Co (SHSE:603689) Construction In Progress: ¥659 Mil (As of Mar. 2026)

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SHSE:603689 Anhui Province Natural Gas Development Co Ltd SHSE:603689
63 GF Score
Price ¥7.55
GF Value ¥7.28
Valuation Fairly Valued
! 4 Warning Signs
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What is Anhui Province Natural Gas Development Co Construction In Progress?

Anhui Province Natural Gas Development Co SHSE:603689 +0.80% 63 Construction In Progress is ¥659 Mil as of Mar. 2026. GuruFocus rates SHSE:603689 with a GF Score™ of 63/100 and a GF Value™ of ¥7.28 (Fairly Valued). The stock has 4 warning signs investors should review.

Anhui Province Natural Gas Development Co's quarterly construction in progress declined from Sep. 2025 (¥596 Mil) to Dec. 2025 (¥579 Mil) but then increased from Dec. 2025 (¥579 Mil) to Mar. 2026 (¥659 Mil).

Anhui Province Natural Gas Development Co's annual construction in progress increased from Dec. 2023 (¥487 Mil) to Dec. 2024 (¥592 Mil) but then declined from Dec. 2024 (¥592 Mil) to Dec. 2025 (¥579 Mil).

Anhui Province Natural Gas Development Co Construction In Progress Historical Data

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The historical data trend for Anhui Province Natural Gas Development 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.

Anhui Province Natural Gas Development Co Construction In Progress Chart

Anhui Province Natural Gas Development 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 232.61 802.59 486.62 591.77 579.07

Anhui Province Natural Gas Development 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 651.18 576.15 595.82 579.07 658.51
SHSE:603689
63GF Score
Anhui Province Natural Gas Development Co Ltd SHSE:603689
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Province Natural Gas Development 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 ¥659 Mil mean?
Anhui Province Natural Gas Development Co (SHSE:603689) has a Construction In Progress of ¥659 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Anhui Province Natural Gas Development Co and its competitors.
Is Anhui Province Natural Gas Development Co's Construction In Progress too high?
Anhui Province Natural Gas Development Co's current Construction In Progress is ¥659 Mil. Overall, Anhui Province Natural Gas Development Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Province Natural Gas Development Co's Construction In Progress compare to WMB and EPD?
Anhui Province Natural Gas Development Co's Construction In Progress of ¥659 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 Anhui Province Natural Gas Development Co and its competitors. Anhui Province Natural Gas Development Co's current Construction In Progress is ¥659 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Province Natural Gas Development Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co (SHSE:603689) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.28, compared to a current price of ¥7.55 — trading 3.7% above its estimated fair value. The current Construction In Progress is ¥659 Mil. Anhui Province Natural Gas Development Co's overall GF Score™ is 63/100 with 4 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 Anhui Province Natural Gas Development Co (SHSE:603689), the current Construction In Progress is ¥659 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 Anhui Province Natural Gas Development Co (SHSE:603689) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co stock appears to be overvalued. The current stock price of ¥7.55 is trading 3.7% above its estimated GF Value™ of ¥7.28. GuruFocus considers Anhui Province Natural Gas Development Co to be Fairly Valued.

Key valuation signals for SHSE:603689:

  • Construction In Progress: ¥659 Mil
  • GF Value™: ¥7.28 vs. price of ¥7.55 (3.7% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Anhui Province Natural Gas Development Co Business Description

Industry EnergyOil & Gas
Address No. 9 Dalian Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.
63GF Score

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

¥7.55
Price
¥7.28
GF Value