China Railway Construction Heavy Industry (SHSE:688425) Construction In Progress: ¥49 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:688425 China Railway Construction Heavy Industry Corp Ltd SHSE:688425
82 GF Score
Price ¥4.11
GF Value ¥4.83
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is China Railway Construction Heavy Industry Construction In Progress?

China Railway Construction Heavy Industry SHSE:688425 +1.73% 82 Construction In Progress is ¥49 Mil as of Mar. 2026. GuruFocus rates SHSE:688425 with a GF Score™ of 82/100 and a GF Value™ of ¥4.83 (Modestly Undervalued). The stock has 5 warning signs investors should review.

China Railway Construction Heavy Industry's quarterly construction in progress increased from Sep. 2025 (¥40 Mil) to Dec. 2025 (¥46 Mil) and increased from Dec. 2025 (¥46 Mil) to Mar. 2026 (¥49 Mil).

China Railway Construction Heavy Industry's annual construction in progress increased from Dec. 2023 (¥220 Mil) to Dec. 2024 (¥224 Mil) but then declined from Dec. 2024 (¥224 Mil) to Dec. 2025 (¥46 Mil).

China Railway Construction Heavy Industry Construction In Progress Historical Data

* Premium members only.

The historical data trend for China Railway Construction Heavy Industry'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.

China Railway Construction Heavy Industry Construction In Progress Chart

China Railway Construction Heavy Industry Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 235.52 297.83 219.81 223.73 46.09

China Railway Construction Heavy Industry 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 192.91 37.12 40.33 46.09 48.90
SHSE:688425
82GF Score
China Railway Construction Heavy Industry Corp Ltd SHSE:688425
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Railway Construction Heavy Industry 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 ¥49 Mil mean?
China Railway Construction Heavy Industry (SHSE:688425) has a Construction In Progress of ¥49 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on China Railway Construction Heavy Industry and its competitors.
Is China Railway Construction Heavy Industry's Construction In Progress too high?
China Railway Construction Heavy Industry's current Construction In Progress is ¥49 Mil. Overall, China Railway Construction Heavy Industry has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Railway Construction Heavy Industry's Construction In Progress compare to GEV and ETN?
China Railway Construction Heavy Industry's Construction In Progress of ¥49 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 China Railway Construction Heavy Industry and its competitors. China Railway Construction Heavy Industry's current Construction In Progress is ¥49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Construction Heavy Industry stock overvalued right now?
Based on GuruFocus' analysis, China Railway Construction Heavy Industry (SHSE:688425) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.83, compared to a current price of ¥4.11 — trading 14.9% below its estimated fair value. The current Construction In Progress is ¥49 Mil. China Railway Construction Heavy Industry's overall GF Score™ is 82/100 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 China Railway Construction Heavy Industry (SHSE:688425), the current Construction In Progress is ¥49 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 China Railway Construction Heavy Industry (SHSE:688425) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway Construction Heavy Industry stock appears to be undervalued. The current stock price of ¥4.11 is trading 14.9% below its estimated GF Value™ of ¥4.83. GuruFocus considers China Railway Construction Heavy Industry to be Modestly Undervalued.

Key valuation signals for SHSE:688425:

  • Construction In Progress: ¥49 Mil
  • GF Value™: ¥4.83 vs. price of ¥4.11 (14.9% below fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Railway Construction Heavy Industry Business Description

Address No. 88, East Seventh Line, Economic and Technological Development Zone, Hunan Province, Changsha, CHN, 410100
China Railway Construction Heavy Industry Corp Ltd is engaged in the design, research and development, manufacturing, sales, leasing and service of roadheader equipment, rail transit equipment and special professional equipment.
82GF Score

Get the complete analysis for SHSE:688425

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

¥4.11
Price
¥4.83
GF Value