Tongqinglou Catering Co (SHSE:605108) Construction In Progress: ¥787 Mil (As of Mar. 2026)


SHSE:605108 Tongqinglou Catering Co Ltd SHSE:605108
69 GF Score
Price ¥12.06
GF Value ¥22.17
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is Tongqinglou Catering Co Construction In Progress?

Tongqinglou Catering Co SHSE:605108 +1.01% 69 Construction In Progress is ¥787 Mil as of Mar. 2026. GuruFocus rates SHSE:605108 with a GF Score™ of 69/100 and a GF Value™ of ¥22.17 (Possible Value Trap). The stock has 10 warning signs investors should review.

Tongqinglou Catering Co's quarterly construction in progress declined from Sep. 2025 (¥542 Mil) to Dec. 2025 (¥538 Mil) but then increased from Dec. 2025 (¥538 Mil) to Mar. 2026 (¥787 Mil).

Tongqinglou Catering Co's annual construction in progress increased from Dec. 2023 (¥469 Mil) to Dec. 2024 (¥584 Mil) but then declined from Dec. 2024 (¥584 Mil) to Dec. 2025 (¥538 Mil).


Tongqinglou Catering Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Tongqinglou Catering 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.

Tongqinglou Catering Co Construction In Progress Chart

Tongqinglou Catering 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 553.38 403.02 468.61 583.82 537.95

Tongqinglou Catering 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 730.91 632.23 542.15 537.95 787.20
SHSE:605108
69GF Score
Tongqinglou Catering Co Ltd SHSE:605108
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tongqinglou Catering 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 ¥787 Mil mean?
Tongqinglou Catering Co (SHSE:605108) has a Construction In Progress of ¥787 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Tongqinglou Catering Co and its competitors.
Is Tongqinglou Catering Co's Construction In Progress too high?
Tongqinglou Catering Co's current Construction In Progress is ¥787 Mil. Overall, Tongqinglou Catering Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tongqinglou Catering Co's Construction In Progress compare to CTAS and CPRT?
Tongqinglou Catering Co's Construction In Progress of ¥787 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Construction In Progress depends on the Business Services 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 Tongqinglou Catering Co and its competitors. Tongqinglou Catering Co's current Construction In Progress is ¥787 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongqinglou Catering Co stock overvalued right now?
Based on GuruFocus' analysis, Tongqinglou Catering Co (SHSE:605108) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.17, compared to a current price of ¥12.06 — trading 45.6% below its estimated fair value. The current Construction In Progress is ¥787 Mil. Tongqinglou Catering Co's overall GF Score™ is 69/100 with 10 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 Tongqinglou Catering Co (SHSE:605108), the current Construction In Progress is ¥787 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 Tongqinglou Catering Co (SHSE:605108) Overvalued in 2026?

Based on GuruFocus' analysis, Tongqinglou Catering Co stock appears to be undervalued. The current stock price of ¥12.06 is trading 45.6% below its estimated GF Value™ of ¥22.17. GuruFocus considers Tongqinglou Catering Co to be Possible Value Trap.

Key valuation signals for SHSE:605108:

  • Construction In Progress: ¥787 Mil
  • GF Value™: ¥22.17 vs. price of ¥12.06 (45.6% below fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the SHSE:605108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongqinglou Catering Co Business Description

Address Building 9, No. 10 Wangang Road, Baohe District, Anhui Province, Hefei, CHN, 230051
Tongqinglou Catering Co Ltd is a provider of catering services. The company provides catering (limited to branches); hotel management consulting and training services, tobacco and alcohol retail (limited to branches), conference services; wedding services, among others.
69GF Score

Get the complete analysis for SHSE:605108

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

¥12.06
Price
¥22.17
GF Value