Shanghai AtHub Co (SHSE:603881) Construction In Progress: ¥79 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:603881 Shanghai AtHub Co Ltd SHSE:603881
79 GF Score
Price ¥24.48
GF Value ¥13.37
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shanghai AtHub Co Construction In Progress?

Shanghai AtHub Co SHSE:603881 +1.07% 79 Construction In Progress is ¥79 Mil as of Mar. 2026. GuruFocus rates SHSE:603881 with a GF Score™ of 79/100 and a GF Value™ of ¥13.37 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Shanghai AtHub Co's quarterly construction in progress declined from Sep. 2025 (¥237 Mil) to Dec. 2025 (¥60 Mil) but then increased from Dec. 2025 (¥60 Mil) to Mar. 2026 (¥79 Mil).

Shanghai AtHub Co's annual construction in progress increased from Dec. 2023 (¥265 Mil) to Dec. 2024 (¥303 Mil) but then declined from Dec. 2024 (¥303 Mil) to Dec. 2025 (¥60 Mil).

Shanghai AtHub Co Construction In Progress Historical Data

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The historical data trend for Shanghai AtHub 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.

Shanghai AtHub Co Construction In Progress Chart

Shanghai AtHub 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 334.30 449.59 265.32 302.72 60.38

Shanghai AtHub 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 308.74 158.07 237.09 60.38 78.76
SHSE:603881
79GF Score
Shanghai AtHub Co Ltd SHSE:603881
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai AtHub 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 ¥79 Mil mean?
Shanghai AtHub Co (SHSE:603881) has a Construction In Progress of ¥79 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shanghai AtHub Co and its competitors.
Is Shanghai AtHub Co's Construction In Progress too high?
Shanghai AtHub Co's current Construction In Progress is ¥79 Mil. Overall, Shanghai AtHub Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai AtHub Co's Construction In Progress compare to IBM and ACN?
Shanghai AtHub Co's Construction In Progress of ¥79 Mil can be compared against companies in the Software 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 Software company?
A good Construction In Progress depends on the Software 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 Shanghai AtHub Co and its competitors. Shanghai AtHub Co's current Construction In Progress is ¥79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai AtHub Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai AtHub Co (SHSE:603881) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.37, compared to a current price of ¥24.48 — trading 83.1% above its estimated fair value. The current Construction In Progress is ¥79 Mil. Shanghai AtHub Co's overall GF Score™ is 79/100 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 Shanghai AtHub Co (SHSE:603881), the current Construction In Progress is ¥79 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 Shanghai AtHub Co (SHSE:603881) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai AtHub Co stock appears to be overvalued. The current stock price of ¥24.48 is trading 83.1% above its estimated GF Value™ of ¥13.37. GuruFocus considers Shanghai AtHub Co to be Significantly Overvalued.

Key valuation signals for SHSE:603881:

  • Construction In Progress: ¥79 Mil
  • GF Value™: ¥13.37 vs. price of ¥24.48 (83.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai AtHub Co Business Description

Address No. 166, Jiangchang 3rd Road, Jing\'an District, Shanghai, CHN, 200436
Shanghai AtHub Co Ltd is a China based internet infrastructure service provider. It is engaged in the data center customized business. The company offers services like data center planning consulting, customizing data center and operational and management support services.
79GF Score

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

¥24.48
Price
¥13.37
GF Value