Zhangjiagang Guangda Special Material Co (SHSE:688186) Construction In Progress: ¥415 Mil (As of Mar. 2026)

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SHSE:688186 Zhangjiagang Guangda Special Material Co Ltd SHSE:688186
69 GF Score
Price ¥13.57
GF Value ¥22.61
Valuation Possible Value Trap
! 9 Warning Signs
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What is Zhangjiagang Guangda Special Material Co Construction In Progress?

Zhangjiagang Guangda Special Material Co SHSE:688186 +0.44% 69 Construction In Progress is ¥415 Mil as of Mar. 2026. GuruFocus rates SHSE:688186 with a GF Score™ of 69/100 and a GF Value™ of ¥22.61 (Possible Value Trap). The stock has 9 warning signs investors should review.

Zhangjiagang Guangda Special Material Co's quarterly construction in progress declined from Sep. 2025 (¥1,213 Mil) to Dec. 2025 (¥275 Mil) but then increased from Dec. 2025 (¥275 Mil) to Mar. 2026 (¥415 Mil).

Zhangjiagang Guangda Special Material Co's annual construction in progress declined from Dec. 2023 (¥1,135 Mil) to Dec. 2024 (¥917 Mil) and declined from Dec. 2024 (¥917 Mil) to Dec. 2025 (¥275 Mil).

Zhangjiagang Guangda Special Material Co Construction In Progress Historical Data

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The historical data trend for Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material Co Construction In Progress Chart

Zhangjiagang Guangda Special Material 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 1,460.80 2,195.24 1,135.42 917.18 275.50

Zhangjiagang Guangda Special Material 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 903.75 1,113.11 1,213.35 275.50 415.47
SHSE:688186
69GF Score
Zhangjiagang Guangda Special Material Co Ltd SHSE:688186
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhangjiagang Guangda Special Material 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 ¥415 Mil mean?
Zhangjiagang Guangda Special Material Co (SHSE:688186) has a Construction In Progress of ¥415 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Zhangjiagang Guangda Special Material Co and its competitors.
Is Zhangjiagang Guangda Special Material Co's Construction In Progress too high?
Zhangjiagang Guangda Special Material Co's current Construction In Progress is ¥415 Mil. Overall, Zhangjiagang Guangda Special Material 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 Zhangjiagang Guangda Special Material Co's Construction In Progress compare to NUE and STLD?
Zhangjiagang Guangda Special Material Co's Construction In Progress of ¥415 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 Zhangjiagang Guangda Special Material Co and its competitors. Zhangjiagang Guangda Special Material Co's current Construction In Progress is ¥415 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhangjiagang Guangda Special Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhangjiagang Guangda Special Material Co (SHSE:688186) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.61, compared to a current price of ¥13.57 — trading 40% below its estimated fair value. The current Construction In Progress is ¥415 Mil. Zhangjiagang Guangda Special Material Co's overall GF Score™ is 69/100 with 9 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 Zhangjiagang Guangda Special Material Co (SHSE:688186), the current Construction In Progress is ¥415 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 Zhangjiagang Guangda Special Material Co (SHSE:688186) Overvalued in 2026?

Based on GuruFocus' analysis, Zhangjiagang Guangda Special Material Co stock appears to be undervalued. The current stock price of ¥13.57 is trading 40% below its estimated GF Value™ of ¥22.61. GuruFocus considers Zhangjiagang Guangda Special Material Co to be Possible Value Trap.

Key valuation signals for SHSE:688186:

  • Construction In Progress: ¥415 Mil
  • GF Value™: ¥22.61 vs. price of ¥13.57 (40% below fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhangjiagang Guangda Special Material Co Business Description

Address Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
69GF Score

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

¥13.57
Price
¥22.61
GF Value