Zhengping Road & Bridge Construction Co (SHSE:603843) Construction In Progress: ¥247 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:603843 Zhengping Road & Bridge Construction Co Ltd SHSE:603843
24 GF Score
Price ¥6.53
GF Value ¥2.43
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Zhengping Road & Bridge Construction Co Construction In Progress?

Zhengping Road & Bridge Construction Co SHSE:603843 +7.93% 24 Construction In Progress is ¥247 Mil as of Mar. 2026. GuruFocus rates SHSE:603843 with a GF Score™ of 24/100 and a GF Value™ of ¥2.43 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Zhengping Road & Bridge Construction Co's quarterly construction in progress declined from Sep. 2025 (¥319 Mil) to Dec. 2025 (¥243 Mil) but then increased from Dec. 2025 (¥243 Mil) to Mar. 2026 (¥247 Mil).

Zhengping Road & Bridge Construction Co's annual construction in progress increased from Dec. 2023 (¥272 Mil) to Dec. 2024 (¥303 Mil) but then declined from Dec. 2024 (¥303 Mil) to Dec. 2025 (¥243 Mil).

Zhengping Road & Bridge Construction Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Zhengping Road & Bridge Construction 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.

Zhengping Road & Bridge Construction Co Construction In Progress Chart

Zhengping Road & Bridge Construction 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 106.20 137.30 272.47 303.19 243.00

Zhengping Road & Bridge Construction 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 309.70 314.89 319.15 243.00 246.51
SHSE:603843
24GF Score
Zhengping Road & Bridge Construction Co Ltd SHSE:603843
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhengping Road & Bridge Construction 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 ¥247 Mil mean?
Zhengping Road & Bridge Construction Co (SHSE:603843) has a Construction In Progress of ¥247 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Zhengping Road & Bridge Construction Co and its competitors.
Is Zhengping Road & Bridge Construction Co's Construction In Progress too high?
Zhengping Road & Bridge Construction Co's current Construction In Progress is ¥247 Mil. Overall, Zhengping Road & Bridge Construction Co has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhengping Road & Bridge Construction Co's Construction In Progress compare to PWR and FIX?
Zhengping Road & Bridge Construction Co's Construction In Progress of ¥247 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 Zhengping Road & Bridge Construction Co and its competitors. Zhengping Road & Bridge Construction Co's current Construction In Progress is ¥247 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhengping Road & Bridge Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Zhengping Road & Bridge Construction Co (SHSE:603843) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.43, compared to a current price of ¥6.53 — trading 168.7% above its estimated fair value. The current Construction In Progress is ¥247 Mil. Zhengping Road & Bridge Construction Co's overall GF Score™ is 24/100 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 Zhengping Road & Bridge Construction Co (SHSE:603843), the current Construction In Progress is ¥247 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 Zhengping Road & Bridge Construction Co (SHSE:603843) Overvalued in 2026?

Based on GuruFocus' analysis, Zhengping Road & Bridge Construction Co stock appears to be overvalued. The current stock price of ¥6.53 is trading 168.7% above its estimated GF Value™ of ¥2.43. GuruFocus considers Zhengping Road & Bridge Construction Co to be Significantly Overvalued.

Key valuation signals for SHSE:603843:

  • Construction In Progress: ¥247 Mil
  • GF Value™: ¥2.43 vs. price of ¥6.53 (168.7% above fair value)
  • GF Score™: 24/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603843 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhengping Road & Bridge Construction Co Business Description

Address No. 128 Changjiang Road, 14th Floor, Innovation Building, Qinghai Province, Xining, CHN, 810000
Zhengping Road & Bridge Construction Co Ltd engages in the designing, engineering, construction, surveying, testing, and maintenance of roads and bridges in China. It constructs highway bridges, pavements, roadbeds, earth and stones, and tunnels; and produces and sells steel corrugated culvert and other products.
24GF Score

Get the complete analysis for SHSE:603843

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

¥6.53
Price
¥2.43
GF Value