Guangdong Provincial Expressway Development Co (SZSE:000429) Construction In Progress: ¥5,555 Mil (As of Jun. 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.

SZSE:000429 Guangdong Provincial Expressway Development Co Ltd SZSE:000429
69 GF Score
Price ¥13.27
GF Value ¥11.67
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Guangdong Provincial Expressway Development Co Construction In Progress?

Guangdong Provincial Expressway Development Co SZSE:000429 +0.08% 69 Construction In Progress is ¥5,555 Mil as of Jun. 2026. GuruFocus rates SZSE:000429 with a GF Score™ of 69/100 and a GF Value™ of ¥11.67 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Guangdong Provincial Expressway Development Co's quarterly construction in progress increased from Dec. 2025 (¥4,760 Mil) to Mar. 2026 (¥5,223 Mil) and increased from Mar. 2026 (¥5,223 Mil) to Jun. 2026 (¥5,555 Mil).

Guangdong Provincial Expressway Development Co's annual construction in progress increased from Dec. 2023 (¥1,960 Mil) to Dec. 2024 (¥2,665 Mil) and increased from Dec. 2024 (¥2,665 Mil) to Dec. 2025 (¥4,760 Mil).

Guangdong Provincial Expressway Development Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Guangdong Provincial Expressway Development 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.

Guangdong Provincial Expressway Development Co Construction In Progress Chart

Guangdong Provincial Expressway Development 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 351.13 753.57 1,960.09 2,665.39 4,760.35

Guangdong Provincial Expressway Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3,366.95 3,868.91 4,760.35 5,222.67 5,554.65
SZSE:000429
69GF Score
Guangdong Provincial Expressway Development Co Ltd SZSE:000429
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong Provincial Expressway Development 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 ¥5,555 Mil mean?
Guangdong Provincial Expressway Development Co (SZSE:000429) has a Construction In Progress of ¥5,555 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Guangdong Provincial Expressway Development Co and its competitors.
Is Guangdong Provincial Expressway Development Co's Construction In Progress too high?
Guangdong Provincial Expressway Development Co's current Construction In Progress is ¥5,555 Mil. Overall, Guangdong Provincial Expressway Development Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Provincial Expressway Development Co's Construction In Progress compare to competitors?
Guangdong Provincial Expressway Development Co's Construction In Progress of ¥5,555 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 Guangdong Provincial Expressway Development Co and its competitors. Guangdong Provincial Expressway Development Co's current Construction In Progress is ¥5,555 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Provincial Expressway Development Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Provincial Expressway Development Co (SZSE:000429) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥11.67, compared to a current price of ¥13.27 — trading 13.7% above its estimated fair value. The current Construction In Progress is ¥5,555 Mil. Guangdong Provincial Expressway Development Co's overall GF Score™ is 69/100 with 7 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 Guangdong Provincial Expressway Development Co (SZSE:000429), the current Construction In Progress is ¥5,555 Mil as of Jun. 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 Guangdong Provincial Expressway Development Co (SZSE:000429) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Provincial Expressway Development Co stock appears to be overvalued. The current stock price of ¥13.27 is trading 13.7% above its estimated GF Value™ of ¥11.67. GuruFocus considers Guangdong Provincial Expressway Development Co to be Modestly Overvalued.

Key valuation signals for SZSE:000429:

  • Construction In Progress: ¥5,555 Mil
  • GF Value™: ¥11.67 vs. price of ¥13.27 (13.7% above fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the SZSE:000429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Guangdong Provincial Expressway Development Co Business Description

Other Exchanges 200429:China
Address Zhujiang East Road, 45-46th Floor, Litong Plaza, No.32, Zhujiang New City, Tihe Disrtict, Guangzhou, CHN, 510623
Guangdong Provincial Expressway Development Co Ltd is principally engaged in the development and operation of expressways and large bridges. It is involved in tolling and maintenance of Guangfo Expressway, Fokai Expressway, Jiujiang Bridge, Huiyan Expressway, Maozhan Expressway, Jiangzhong Expressway, Kangda Expressway and Gankang Expressway.
69GF Score

Get the complete analysis for SZSE:000429

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

¥13.27
Price
¥11.67
GF Value