Jason Furniture (Hangzhou) Co (SHSE:603816) Construction In Progress: ¥380 Mil (As of Mar. 2026)

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SHSE:603816 Jason Furniture (Hangzhou) Co Ltd SHSE:603816
91 GF Score
Price ¥23.83
GF Value ¥32.67
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Jason Furniture (Hangzhou) Co Construction In Progress?

Jason Furniture (Hangzhou) Co SHSE:603816 -2.01% 91 Construction In Progress is ¥380 Mil as of Mar. 2026. GuruFocus rates SHSE:603816 with a GF Score™ of 91/100 and a GF Value™ of ¥32.67 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Jason Furniture (Hangzhou) Co's quarterly construction in progress declined from Sep. 2025 (¥408 Mil) to Dec. 2025 (¥372 Mil) but then increased from Dec. 2025 (¥372 Mil) to Mar. 2026 (¥380 Mil).

Jason Furniture (Hangzhou) Co's annual construction in progress declined from Dec. 2023 (¥1,188 Mil) to Dec. 2024 (¥442 Mil) and declined from Dec. 2024 (¥442 Mil) to Dec. 2025 (¥372 Mil).

Jason Furniture (Hangzhou) Co Construction In Progress Historical Data

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The historical data trend for Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co Construction In Progress Chart

Jason Furniture (Hangzhou) 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 999.65 993.58 1,188.44 442.42 372.25

Jason Furniture (Hangzhou) 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 515.30 401.92 407.80 372.25 380.10
SHSE:603816
91GF Score
Jason Furniture (Hangzhou) Co Ltd SHSE:603816
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Jason Furniture (Hangzhou) 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 ¥380 Mil mean?
Jason Furniture (Hangzhou) Co (SHSE:603816) has a Construction In Progress of ¥380 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Jason Furniture (Hangzhou) Co and its competitors.
Is Jason Furniture (Hangzhou) Co's Construction In Progress too high?
Jason Furniture (Hangzhou) Co's current Construction In Progress is ¥380 Mil. Overall, Jason Furniture (Hangzhou) Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jason Furniture (Hangzhou) Co's Construction In Progress compare to SN and SGI?
Jason Furniture (Hangzhou) Co's Construction In Progress of ¥380 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Construction In Progress depends on the Furnishings, Fixtures & Appliances 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 Jason Furniture (Hangzhou) Co and its competitors. Jason Furniture (Hangzhou) Co's current Construction In Progress is ¥380 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jason Furniture (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co (SHSE:603816) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.67, compared to a current price of ¥23.83 — trading 27.1% below its estimated fair value. The current Construction In Progress is ¥380 Mil. Jason Furniture (Hangzhou) Co's overall GF Score™ is 91/100 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 Jason Furniture (Hangzhou) Co (SHSE:603816), the current Construction In Progress is ¥380 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 Jason Furniture (Hangzhou) Co (SHSE:603816) Overvalued in 2026?

Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co stock appears to be undervalued. The current stock price of ¥23.83 is trading 27.1% below its estimated GF Value™ of ¥32.67. GuruFocus considers Jason Furniture (Hangzhou) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603816:

  • Construction In Progress: ¥380 Mil
  • GF Value™: ¥32.67 vs. price of ¥23.83 (27.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jason Furniture (Hangzhou) Co Business Description

Address No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the Research and development, design, production and sales of mid- to high-end sofas, soft beds and other soft furniture products for living rooms and bedrooms.
91GF Score

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

¥23.83
Price
¥32.67
GF Value