China Merchants Port Holdings Co (STU:CPM) Construction In Progress: €149 Mil (As of Dec. 2025)


STU:CPM China Merchants Port Holdings Co Ltd STU:CPM
85 GF Score
Price €1.39
GF Value €1.54
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Merchants Port Holdings Co Construction In Progress?

China Merchants Port Holdings Co STU:CPM -1.56% 85 Construction In Progress is €149 Mil as of Dec. 2025. GuruFocus rates STU:CPM with a GF Score™ of 85/100 and a GF Value™ of €1.54 (Modestly Undervalued). The stock has 3 warning signs investors should review.

China Merchants Port Holdings Co's quarterly construction in progress declined from Dec. 2024 (€208 Mil) to Jun. 2025 (€0 Mil) but then increased from Jun. 2025 (€0 Mil) to Dec. 2025 (€149 Mil).

China Merchants Port Holdings Co's annual construction in progress increased from Dec. 2023 (€175 Mil) to Dec. 2024 (€208 Mil) but then declined from Dec. 2024 (€208 Mil) to Dec. 2025 (€149 Mil).

China Merchants Port Holdings Co Construction In Progress Historical Data

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The historical data trend for China Merchants Port Holdings 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.

China Merchants Port Holdings Co Construction In Progress Chart

China Merchants Port Holdings 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 174.75 153.14 174.72 207.75 149.05

China Merchants Port Holdings Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 174.72 0.00 207.75 0.00 149.05
STU:CPM
85GF Score
China Merchants Port Holdings Co Ltd STU:CPM
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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China Merchants Port Holdings 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 €149 Mil mean?
China Merchants Port Holdings Co (STU:CPM) has a Construction In Progress of €149 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on China Merchants Port Holdings Co and its competitors.
Is China Merchants Port Holdings Co's Construction In Progress too high?
China Merchants Port Holdings Co's current Construction In Progress is €149 Mil. Overall, China Merchants Port Holdings Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Port Holdings Co's Construction In Progress compare to competitors?
China Merchants Port Holdings Co's Construction In Progress of €149 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Construction In Progress depends on the Transportation 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 Merchants Port Holdings Co and its competitors. China Merchants Port Holdings Co's current Construction In Progress is €149 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Port Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Port Holdings Co (STU:CPM) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.54, compared to a current price of €1.39 — trading 10% below its estimated fair value. The current Construction In Progress is €149 Mil. China Merchants Port Holdings Co's overall GF Score™ is 85/100 with 3 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 Merchants Port Holdings Co (STU:CPM), the current Construction In Progress is €149 Mil as of Dec. 2025. 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 Merchants Port Holdings Co (STU:CPM) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Port Holdings Co stock appears to be undervalued. The current stock price of €1.39 is trading 10% below its estimated GF Value™ of €1.54. GuruFocus considers China Merchants Port Holdings Co to be Modestly Undervalued.

Key valuation signals for STU:CPM:

  • Construction In Progress: €149 Mil
  • GF Value™: €1.54 vs. price of €1.39 (10% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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

China Merchants Port Holdings Co Business Description

Address 168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
China Merchants Port Holdings Co Ltd is a port service provider principally engaged in port operations, bonded logistics operations, and property investment. Its segments are port operations, bonded logistics operations, and other operations. Port operations generate maximum revenue, including container terminal operations and bulk and general cargo terminal operations conducted by the Group, its associates, and joint ventures across Mainland China, Hong Kong, and Taiwan, as well as other international locations. Bonded logistics operations include logistics park operations, port transportation, and airport cargo handling. Other operations mainly include property development and investment, logistics operations by associates, and corporate functions.
85GF Score

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

€1.39
Price
€1.54
GF Value