Sk Shu Paint Co (SHSE:603737) Construction In Progress: ¥270 Mil (As of Mar. 2026)

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SHSE:603737 Sk Shu Paint Co Ltd SHSE:603737
74 GF Score
Price ¥23.42
GF Value ¥32.75
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sk Shu Paint Co Construction In Progress?

Sk Shu Paint Co SHSE:603737 -4.41% 74 Construction In Progress is ¥270 Mil as of Mar. 2026. GuruFocus rates SHSE:603737 with a GF Score™ of 74/100 and a GF Value™ of ¥32.75 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Sk Shu Paint Co's quarterly construction in progress declined from Sep. 2025 (¥236 Mil) to Dec. 2025 (¥214 Mil) but then increased from Dec. 2025 (¥214 Mil) to Mar. 2026 (¥270 Mil).

Sk Shu Paint Co's annual construction in progress declined from Dec. 2023 (¥422 Mil) to Dec. 2024 (¥386 Mil) and declined from Dec. 2024 (¥386 Mil) to Dec. 2025 (¥214 Mil).

Sk Shu Paint Co Construction In Progress Historical Data

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The historical data trend for Sk Shu Paint 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.

Sk Shu Paint Co Construction In Progress Chart

Sk Shu Paint 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 1,638.52 1,110.39 422.14 386.08 214.44

Sk Shu Paint 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 411.86 314.21 236.00 214.44 270.34
SHSE:603737
74GF Score
Sk Shu Paint Co Ltd SHSE:603737
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Sk Shu Paint 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 ¥270 Mil mean?
Sk Shu Paint Co (SHSE:603737) has a Construction In Progress of ¥270 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Sk Shu Paint Co and its competitors.
Is Sk Shu Paint Co's Construction In Progress too high?
Sk Shu Paint Co's current Construction In Progress is ¥270 Mil. Overall, Sk Shu Paint Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sk Shu Paint Co's Construction In Progress compare to LIN and SHW?
Sk Shu Paint Co's Construction In Progress of ¥270 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Sk Shu Paint Co and its competitors. Sk Shu Paint Co's current Construction In Progress is ¥270 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sk Shu Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Sk Shu Paint Co (SHSE:603737) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.75, compared to a current price of ¥23.42 — trading 28.5% below its estimated fair value. The current Construction In Progress is ¥270 Mil. Sk Shu Paint Co's overall GF Score™ is 74/100 with 2 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 Sk Shu Paint Co (SHSE:603737), the current Construction In Progress is ¥270 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 Sk Shu Paint Co (SHSE:603737) Overvalued in 2026?

Based on GuruFocus' analysis, Sk Shu Paint Co stock appears to be undervalued. The current stock price of ¥23.42 is trading 28.5% below its estimated GF Value™ of ¥32.75. GuruFocus considers Sk Shu Paint Co to be Modestly Undervalued.

Key valuation signals for SHSE:603737:

  • Construction In Progress: ¥270 Mil
  • GF Value™: ¥32.75 vs. price of ¥23.42 (28.5% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sk Shu Paint Co Business Description

Address No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100
Sk Shu Paint Co Ltd is engaged in the Research and development, production and sales of architectural coatings (wall coatings), wood coatings and adhesives.
74GF Score

Get the complete analysis for SHSE:603737

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

¥23.42
Price
¥32.75
GF Value