Jiajiayue Group Co (SHSE:603708) Construction In Progress: ¥134 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603708 Jiajiayue Group Co Ltd SHSE:603708
80 GF Score
Price ¥9.20
GF Value ¥10.26
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Jiajiayue Group Co Construction In Progress?

Jiajiayue Group Co SHSE:603708 +1.32% 80 Construction In Progress is ¥134 Mil as of Mar. 2026. GuruFocus rates SHSE:603708 with a GF Score™ of 80/100 and a GF Value™ of ¥10.26 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Jiajiayue Group Co's quarterly construction in progress declined from Sep. 2025 (¥127 Mil) to Dec. 2025 (¥126 Mil) but then increased from Dec. 2025 (¥126 Mil) to Mar. 2026 (¥134 Mil).

Jiajiayue Group Co's annual construction in progress declined from Dec. 2023 (¥216 Mil) to Dec. 2024 (¥84 Mil) but then increased from Dec. 2024 (¥84 Mil) to Dec. 2025 (¥126 Mil).


Jiajiayue Group Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Jiajiayue Group 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.

Jiajiayue Group Co Construction In Progress Chart

Jiajiayue Group 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 107.62 80.26 215.59 84.09 126.43

Jiajiayue Group 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 84.61 118.85 127.13 126.43 134.01
SHSE:603708
80GF Score
Jiajiayue Group Co Ltd SHSE:603708
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiajiayue Group 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 ¥134 Mil mean?
Jiajiayue Group Co (SHSE:603708) has a Construction In Progress of ¥134 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Jiajiayue Group Co and its competitors.
Is Jiajiayue Group Co's Construction In Progress too high?
Jiajiayue Group Co's current Construction In Progress is ¥134 Mil. Overall, Jiajiayue Group Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiajiayue Group Co's Construction In Progress compare to DDS?
Jiajiayue Group Co's Construction In Progress of ¥134 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Construction In Progress depends on the Retail - Cyclical 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 Jiajiayue Group Co and its competitors. Jiajiayue Group Co's current Construction In Progress is ¥134 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiajiayue Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiajiayue Group Co (SHSE:603708) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.26, compared to a current price of ¥9.20 — trading 10.3% below its estimated fair value. The current Construction In Progress is ¥134 Mil. Jiajiayue Group Co's overall GF Score™ is 80/100 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 Jiajiayue Group Co (SHSE:603708), the current Construction In Progress is ¥134 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 Jiajiayue Group Co (SHSE:603708) Overvalued in 2026?

Based on GuruFocus' analysis, Jiajiayue Group Co stock appears to be undervalued. The current stock price of ¥9.20 is trading 10.3% below its estimated GF Value™ of ¥10.26. GuruFocus considers Jiajiayue Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603708:

  • Construction In Progress: ¥134 Mil
  • GF Value™: ¥10.26 vs. price of ¥9.20 (10.3% below fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiajiayue Group Co Business Description

Address No. 53, Daqing Road, Economic and Technological Development Zone, Shandong Province, Weihai, CHN, 264200
Jiajiayue Group Co Ltd operates in the supermarket chain-based industry. It is principally engaged in the operation of supermarket chains. The company mainly runs general supermarkets and hypermarkets.
80GF Score

Get the complete analysis for SHSE:603708

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

¥9.20
Price
¥10.26
GF Value