Jinko Solar Co (SHSE:688223) Construction In Progress: ¥1,298 Mil (As of Mar. 2026)


SHSE:688223 Jinko Solar Co Ltd SHSE:688223
78 GF Score
Price ¥4.60
GF Value ¥5.00
Valuation Fairly Valued
! 8 Warning Signs
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What is Jinko Solar Co Construction In Progress?

Jinko Solar Co SHSE:688223 -1.71% 78 Construction In Progress is ¥1,298 Mil as of Mar. 2026. GuruFocus rates SHSE:688223 with a GF Score™ of 78/100 and a GF Value™ of ¥5.00 (Fairly Valued). The stock has 8 warning signs investors should review.

Jinko Solar Co's quarterly construction in progress declined from Sep. 2025 (¥1,010 Mil) to Dec. 2025 (¥805 Mil) but then increased from Dec. 2025 (¥805 Mil) to Mar. 2026 (¥1,298 Mil).

Jinko Solar Co's annual construction in progress declined from Dec. 2023 (¥3,774 Mil) to Dec. 2024 (¥2,857 Mil) and declined from Dec. 2024 (¥2,857 Mil) to Dec. 2025 (¥805 Mil).

Jinko Solar Co Construction In Progress Historical Data

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The historical data trend for Jinko Solar 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.

Jinko Solar Co Construction In Progress Chart

Jinko Solar 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 2,429.72 1,486.35 3,773.55 2,856.69 805.39

Jinko Solar 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 2,759.56 1,696.09 1,010.33 805.39 1,297.83
SHSE:688223
78GF Score
Jinko Solar Co Ltd SHSE:688223
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinko Solar 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 ¥1,298 Mil mean?
Jinko Solar Co (SHSE:688223) has a Construction In Progress of ¥1,298 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Jinko Solar Co and its competitors.
Is Jinko Solar Co's Construction In Progress too high?
Jinko Solar Co's current Construction In Progress is ¥1,298 Mil. Overall, Jinko Solar Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jinko Solar Co's Construction In Progress compare to FSLR and NXT?
Jinko Solar Co's Construction In Progress of ¥1,298 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 Jinko Solar Co and its competitors. Jinko Solar Co's current Construction In Progress is ¥1,298 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinko Solar Co stock overvalued right now?
Based on GuruFocus' analysis, Jinko Solar Co (SHSE:688223) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.00, compared to a current price of ¥4.60 — trading 8% below its estimated fair value. The current Construction In Progress is ¥1,298 Mil. Jinko Solar Co's overall GF Score™ is 78/100 with 8 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 Jinko Solar Co (SHSE:688223), the current Construction In Progress is ¥1,298 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 Jinko Solar Co (SHSE:688223) Overvalued in 2026?

Based on GuruFocus' analysis, Jinko Solar Co stock appears to be undervalued. The current stock price of ¥4.60 is trading 8% below its estimated GF Value™ of ¥5.00. GuruFocus considers Jinko Solar Co to be Fairly Valued.

Key valuation signals for SHSE:688223:

  • Construction In Progress: ¥1,298 Mil
  • GF Value™: ¥5.00 vs. price of ¥4.60 (8% below fair value)
  • GF Score™: 78/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jinko Solar Co Business Description

Address No. 1, Lane 1466, Shenchang Road, Jinko Center, Minhang District, Shanghai, CHN, 201106
Jinko Solar is the largest Chinese solar module manufacturer by global shipment in 2025. Jinko's products are distributed across nearly 200 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production. Jinko's N-type cell capacity is industry-leading in scale.
78GF Score

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

¥4.60
Price
¥5.00
GF Value