Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) Construction In Progress: ¥73 Mil (As of Mar. 2026)

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SHSE:603829 Jiangsu Luokai Mechanical & Electrical Co Ltd SHSE:603829
80 GF Score
Price ¥13.44
GF Value ¥14.54
Valuation Fairly Valued
! 7 Warning Signs
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What is Jiangsu Luokai Mechanical & Electrical Co Construction In Progress?

Jiangsu Luokai Mechanical & Electrical Co SHSE:603829 -0.59% 80 Construction In Progress is ¥73 Mil as of Mar. 2026. GuruFocus rates SHSE:603829 with a GF Score™ of 80/100 and a GF Value™ of ¥14.54 (Fairly Valued). The stock has 7 warning signs investors should review.

Jiangsu Luokai Mechanical & Electrical Co's quarterly construction in progress declined from Sep. 2025 (¥130 Mil) to Dec. 2025 (¥65 Mil) but then increased from Dec. 2025 (¥65 Mil) to Mar. 2026 (¥73 Mil).

Jiangsu Luokai Mechanical & Electrical Co's annual construction in progress increased from Dec. 2023 (¥50 Mil) to Dec. 2024 (¥113 Mil) but then declined from Dec. 2024 (¥113 Mil) to Dec. 2025 (¥65 Mil).

Jiangsu Luokai Mechanical & Electrical Co Construction In Progress Historical Data

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The historical data trend for Jiangsu Luokai Mechanical & Electrical 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.

Jiangsu Luokai Mechanical & Electrical Co Construction In Progress Chart

Jiangsu Luokai Mechanical & Electrical 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 1.49 5.02 50.27 112.76 65.23

Jiangsu Luokai Mechanical & Electrical 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 117.51 156.22 130.01 65.23 72.68
SHSE:603829
80GF Score
Jiangsu Luokai Mechanical & Electrical Co Ltd SHSE:603829
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Luokai Mechanical & Electrical 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 ¥73 Mil mean?
Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) has a Construction In Progress of ¥73 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Jiangsu Luokai Mechanical & Electrical Co and its competitors.
Is Jiangsu Luokai Mechanical & Electrical Co's Construction In Progress too high?
Jiangsu Luokai Mechanical & Electrical Co's current Construction In Progress is ¥73 Mil. Overall, Jiangsu Luokai Mechanical & Electrical Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Luokai Mechanical & Electrical Co's Construction In Progress compare to VRT and BE?
Jiangsu Luokai Mechanical & Electrical Co's Construction In Progress of ¥73 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Jiangsu Luokai Mechanical & Electrical Co and its competitors. Jiangsu Luokai Mechanical & Electrical Co's current Construction In Progress is ¥73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Luokai Mechanical & Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.54, compared to a current price of ¥13.44 — trading 7.6% below its estimated fair value. The current Construction In Progress is ¥73 Mil. Jiangsu Luokai Mechanical & Electrical Co's overall GF Score™ is 80/100 with 7 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 Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829), the current Construction In Progress is ¥73 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 Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Luokai Mechanical & Electrical Co stock appears to be undervalued. The current stock price of ¥13.44 is trading 7.6% below its estimated GF Value™ of ¥14.54. GuruFocus considers Jiangsu Luokai Mechanical & Electrical Co to be Fairly Valued.

Key valuation signals for SHSE:603829:

  • Construction In Progress: ¥73 Mil
  • GF Value™: ¥14.54 vs. price of ¥13.44 (7.6% below fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jiangsu Luokai Mechanical & Electrical Co Business Description

Address No. 101, Yong'anli Road, Luoyang Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213104
Jiangsu Luokai Mechanical & Electrical Co Ltd manufactures electrical components. The company produces accessories, parts and other supporting products of transmission and distribution switch equipment. The company's main products include low-voltage and high-voltage circuit breaker (drawing) frames, low-voltage circuit breaker operating mechanisms, high-voltage circuit breaker operating mechanisms, other high-voltage transmission and distribution equipment operating mechanisms, circuit breaker accessories and spare parts.
80GF Score

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

¥13.44
Price
¥14.54
GF Value