Xinjiang Hongtong Gas Co (SHSE:605169) Construction In Progress: ¥29 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:605169 Xinjiang Hongtong Gas Co Ltd SHSE:605169
81 GF Score
Price ¥9.58
GF Value ¥14.17
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Xinjiang Hongtong Gas Co Construction In Progress?

Xinjiang Hongtong Gas Co SHSE:605169 -1.44% 81 Construction In Progress is ¥29 Mil as of Mar. 2026. GuruFocus rates SHSE:605169 with a GF Score™ of 81/100 and a GF Value™ of ¥14.17 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Xinjiang Hongtong Gas Co's quarterly construction in progress declined from Sep. 2025 (¥42 Mil) to Dec. 2025 (¥39 Mil) and declined from Dec. 2025 (¥39 Mil) to Mar. 2026 (¥29 Mil).

Xinjiang Hongtong Gas Co's annual construction in progress declined from Dec. 2023 (¥139 Mil) to Dec. 2024 (¥34 Mil) but then increased from Dec. 2024 (¥34 Mil) to Dec. 2025 (¥39 Mil).

Xinjiang Hongtong Gas Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Xinjiang Hongtong Gas 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.

Xinjiang Hongtong Gas Co Construction In Progress Chart

Xinjiang Hongtong Gas 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 304.59 545.10 138.67 33.90 39.36

Xinjiang Hongtong Gas 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 37.10 51.49 41.87 39.36 28.61
SHSE:605169
81GF Score
Xinjiang Hongtong Gas Co Ltd SHSE:605169
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xinjiang Hongtong Gas 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 ¥29 Mil mean?
Xinjiang Hongtong Gas Co (SHSE:605169) has a Construction In Progress of ¥29 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Xinjiang Hongtong Gas Co and its competitors.
Is Xinjiang Hongtong Gas Co's Construction In Progress too high?
Xinjiang Hongtong Gas Co's current Construction In Progress is ¥29 Mil. Overall, Xinjiang Hongtong Gas Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Hongtong Gas Co's Construction In Progress compare to ATO and NI?
Xinjiang Hongtong Gas Co's Construction In Progress of ¥29 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Xinjiang Hongtong Gas Co and its competitors. Xinjiang Hongtong Gas Co's current Construction In Progress is ¥29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Hongtong Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Hongtong Gas Co (SHSE:605169) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥14.17, compared to a current price of ¥9.58 — trading 32.4% below its estimated fair value. The current Construction In Progress is ¥29 Mil. Xinjiang Hongtong Gas Co's overall GF Score™ is 81/100 with 4 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 Xinjiang Hongtong Gas Co (SHSE:605169), the current Construction In Progress is ¥29 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 Xinjiang Hongtong Gas Co (SHSE:605169) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Hongtong Gas Co stock appears to be undervalued. The current stock price of ¥9.58 is trading 32.4% below its estimated GF Value™ of ¥14.17. GuruFocus considers Xinjiang Hongtong Gas Co to be Significantly Undervalued.

Key valuation signals for SHSE:605169:

  • Construction In Progress: ¥29 Mil
  • GF Value™: ¥14.17 vs. price of ¥9.58 (32.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the SHSE:605169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Xinjiang Hongtong Gas Co Business Description

Address Renmin East Road, Korla City, Bazhou, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 841000
Xinjiang Hongtong Gas Co Ltd is engaged in production, processing, storage, transportation and sales of LNG and CNG, as well as sales of residential, commercial and industrial natural gas.
81GF Score

Get the complete analysis for SHSE:605169

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

¥9.58
Price
¥14.17
GF Value