Hefei Changqing Machinery Co (SHSE:603768) Construction In Progress: ¥363 Mil (As of Mar. 2026)


SHSE:603768 Hefei Changqing Machinery Co Ltd SHSE:603768
66 GF Score
Price ¥9.86
GF Value ¥12.43
Valuation Modestly Undervalued
! 11 Warning Signs
View Full Analysis

What is Hefei Changqing Machinery Co Construction In Progress?

Hefei Changqing Machinery Co SHSE:603768 -0.40% 66 Construction In Progress is ¥363 Mil as of Mar. 2026. GuruFocus rates SHSE:603768 with a GF Score™ of 66/100 and a GF Value™ of ¥12.43 (Modestly Undervalued). The stock has 11 warning signs investors should review.

Hefei Changqing Machinery Co's quarterly construction in progress declined from Sep. 2025 (¥390 Mil) to Dec. 2025 (¥335 Mil) but then increased from Dec. 2025 (¥335 Mil) to Mar. 2026 (¥363 Mil).

Hefei Changqing Machinery Co's annual construction in progress declined from Dec. 2023 (¥662 Mil) to Dec. 2024 (¥292 Mil) but then increased from Dec. 2024 (¥292 Mil) to Dec. 2025 (¥335 Mil).

Hefei Changqing Machinery Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Hefei Changqing Machinery 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.

Hefei Changqing Machinery Co Construction In Progress Chart

Hefei Changqing Machinery 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 443.07 331.53 662.13 292.06 334.52

Hefei Changqing Machinery 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 389.85 406.38 390.03 334.52 362.53
SHSE:603768
66GF Score
Hefei Changqing Machinery Co Ltd SHSE:603768
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hefei Changqing Machinery 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 ¥363 Mil mean?
Hefei Changqing Machinery Co (SHSE:603768) has a Construction In Progress of ¥363 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hefei Changqing Machinery Co and its competitors.
Is Hefei Changqing Machinery Co's Construction In Progress too high?
Hefei Changqing Machinery Co's current Construction In Progress is ¥363 Mil. Overall, Hefei Changqing Machinery Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hefei Changqing Machinery Co's Construction In Progress compare to ORLY and AZO?
Hefei Changqing Machinery Co's Construction In Progress of ¥363 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Hefei Changqing Machinery Co and its competitors. Hefei Changqing Machinery Co's current Construction In Progress is ¥363 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Changqing Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Changqing Machinery Co (SHSE:603768) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.43, compared to a current price of ¥9.86 — trading 20.7% below its estimated fair value. The current Construction In Progress is ¥363 Mil. Hefei Changqing Machinery Co's overall GF Score™ is 66/100 with 11 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 Hefei Changqing Machinery Co (SHSE:603768), the current Construction In Progress is ¥363 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 Hefei Changqing Machinery Co (SHSE:603768) Overvalued in 2026?

Based on GuruFocus' analysis, Hefei Changqing Machinery Co stock appears to be undervalued. The current stock price of ¥9.86 is trading 20.7% below its estimated GF Value™ of ¥12.43. GuruFocus considers Hefei Changqing Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603768:

  • Construction In Progress: ¥363 Mil
  • GF Value™: ¥12.43 vs. price of ¥9.86 (20.7% below fair value)
  • GF Score™: 66/100 with 11 warning signs

No single metric tells the full story. See the SHSE:603768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hefei Changqing Machinery Co Business Description

Address No. 18 Dongyou Road, Anhui Province, Hefei City, CHN, 230022
Hefei Changqing Machinery Co Ltd is a China based company primarily engaged in the manufacturing of automotive parts. The company researches, develops, and produces automotive stamping, mold fixture products, and welding parts. It offers products for passenger cars, VIP cars, commercial vehicles, electrophoresis, and other series. The product portfolio of the company comprises chassis frame, air reservoir, silencer, forklift roof, stringer, and other related accessories.
66GF Score

Get the complete analysis for SHSE:603768

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

¥9.86
Price
¥12.43
GF Value