Hefei Jianghang Aircraft Equipment Co (SHSE:688586) Construction In Progress: ¥12.7 Mil (As of Mar. 2026)

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SHSE:688586 Hefei Jianghang Aircraft Equipment Co Ltd SHSE:688586
74 GF Score
Price ¥10.05
GF Value ¥9.86
Valuation Fairly Valued
! 9 Warning Signs
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What is Hefei Jianghang Aircraft Equipment Co Construction In Progress?

Hefei Jianghang Aircraft Equipment Co SHSE:688586 -0.79% 74 Construction In Progress is ¥12.7 Mil as of Mar. 2026. GuruFocus rates SHSE:688586 with a GF Score™ of 74/100 and a GF Value™ of ¥9.86 (Fairly Valued). The stock has 9 warning signs investors should review.

Hefei Jianghang Aircraft Equipment Co's quarterly construction in progress increased from Sep. 2025 (¥0.2 Mil) to Dec. 2025 (¥2.0 Mil) and increased from Dec. 2025 (¥2.0 Mil) to Mar. 2026 (¥12.7 Mil).

Hefei Jianghang Aircraft Equipment Co's annual construction in progress declined from Dec. 2023 (¥32.4 Mil) to Dec. 2024 (¥3.5 Mil) and declined from Dec. 2024 (¥3.5 Mil) to Dec. 2025 (¥2.0 Mil).

Hefei Jianghang Aircraft Equipment Co Construction In Progress Historical Data

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The historical data trend for Hefei Jianghang Aircraft Equipment 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.

Hefei Jianghang Aircraft Equipment Co Construction In Progress Chart

Hefei Jianghang Aircraft Equipment 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 26.14 36.99 32.35 3.46 1.96

Hefei Jianghang Aircraft Equipment 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 4.23 2.18 0.20 1.96 12.70
SHSE:688586
74GF Score
Hefei Jianghang Aircraft Equipment Co Ltd SHSE:688586
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Hefei Jianghang Aircraft Equipment 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 ¥12.7 Mil mean?
Hefei Jianghang Aircraft Equipment Co (SHSE:688586) has a Construction In Progress of ¥12.7 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hefei Jianghang Aircraft Equipment Co and its competitors.
Is Hefei Jianghang Aircraft Equipment Co's Construction In Progress too high?
Hefei Jianghang Aircraft Equipment Co's current Construction In Progress is ¥12.7 Mil. Overall, Hefei Jianghang Aircraft Equipment Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hefei Jianghang Aircraft Equipment Co's Construction In Progress compare to SPCX and GE?
Hefei Jianghang Aircraft Equipment Co's Construction In Progress of ¥12.7 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Hefei Jianghang Aircraft Equipment Co and its competitors. Hefei Jianghang Aircraft Equipment Co's current Construction In Progress is ¥12.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Jianghang Aircraft Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Jianghang Aircraft Equipment Co (SHSE:688586) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.86, compared to a current price of ¥10.05 — trading 1.9% above its estimated fair value. The current Construction In Progress is ¥12.7 Mil. Hefei Jianghang Aircraft Equipment Co's overall GF Score™ is 74/100 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 Hefei Jianghang Aircraft Equipment Co (SHSE:688586), the current Construction In Progress is ¥12.7 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 Hefei Jianghang Aircraft Equipment Co (SHSE:688586) Overvalued in 2026?

Based on GuruFocus' analysis, Hefei Jianghang Aircraft Equipment Co stock appears to be overvalued. The current stock price of ¥10.05 is trading 1.9% above its estimated GF Value™ of ¥9.86. GuruFocus considers Hefei Jianghang Aircraft Equipment Co to be Fairly Valued.

Key valuation signals for SHSE:688586:

  • Construction In Progress: ¥12.7 Mil
  • GF Value™: ¥9.86 vs. price of ¥10.05 (1.9% above fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hefei Jianghang Aircraft Equipment Co Business Description

Address No. 35, Yan\'an Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Hefei Jianghang Aircraft Equipment Co Ltd is engaged in production of aviation equipments and special refrigeration. The company produces aviation oxygen system, air service oxygen system, aircraft cabin equipment facilities, emergency oxygen supply device, engine oxygen supplement system, inert protection system, aviation fuel tank system, landing gear, aerospace environmental control life support equipment, aerospace individual protective device, ground oxygen protection device, plug-in pod, aviation ground equipment, non-standard testing equipment, non-standard training equipment, oxygen generator, sensitive element, sensor, refrigeration equipment, civil oxygen generator, medical oxygen generator, air purifier, and water purification.
74GF Score

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

¥10.05
Price
¥9.86
GF Value