Changhong Meiling Co (SZSE:000521) Construction In Progress: ¥213 Mil (As of Jun. 2026)

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SZSE:000521 Changhong Meiling Co Ltd SZSE:000521
64 GF Score
Price ¥4.35
GF Value ¥7.84
Valuation Possible Value Trap
! 5 Warning Signs
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What is Changhong Meiling Co Construction In Progress?

Changhong Meiling Co SZSE:000521 -0.23% 64 Construction In Progress is ¥213 Mil as of Jun. 2026. GuruFocus rates SZSE:000521 with a GF Score™ of 64/100 and a GF Value™ of ¥7.84 (Possible Value Trap). The stock has 5 warning signs investors should review.

Changhong Meiling Co's quarterly construction in progress declined from Dec. 2025 (¥146 Mil) to Mar. 2026 (¥0 Mil) but then increased from Mar. 2026 (¥0 Mil) to Jun. 2026 (¥213 Mil).

Changhong Meiling Co's annual construction in progress increased from Dec. 2023 (¥85 Mil) to Dec. 2024 (¥108 Mil) and increased from Dec. 2024 (¥108 Mil) to Dec. 2025 (¥146 Mil).

Changhong Meiling Co Construction In Progress Historical Data

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The historical data trend for Changhong Meiling 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.

Changhong Meiling Co Construction In Progress Chart

Changhong Meiling 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 101.56 67.42 85.22 107.79 145.90

Changhong Meiling 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 148.56 0.00 145.90 0.00 212.89
SZSE:000521
64GF Score
Changhong Meiling Co Ltd SZSE:000521
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Changhong Meiling 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 ¥213 Mil mean?
Changhong Meiling Co (SZSE:000521) has a Construction In Progress of ¥213 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Changhong Meiling Co and its competitors.
Is Changhong Meiling Co's Construction In Progress too high?
Changhong Meiling Co's current Construction In Progress is ¥213 Mil. Overall, Changhong Meiling Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changhong Meiling Co's Construction In Progress compare to SN and SGI?
Changhong Meiling Co's Construction In Progress of ¥213 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Construction In Progress depends on the Furnishings, Fixtures & Appliances 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 Changhong Meiling Co and its competitors. Changhong Meiling Co's current Construction In Progress is ¥213 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changhong Meiling Co stock overvalued right now?
Based on GuruFocus' analysis, Changhong Meiling Co (SZSE:000521) is currently considered Possible Value Trap. The stock's GF Value™ is ¥7.84, compared to a current price of ¥4.35 — trading 44.5% below its estimated fair value. The current Construction In Progress is ¥213 Mil. Changhong Meiling Co's overall GF Score™ is 64/100 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 Changhong Meiling Co (SZSE:000521), the current Construction In Progress is ¥213 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 Changhong Meiling Co (SZSE:000521) Overvalued in 2026?

Based on GuruFocus' analysis, Changhong Meiling Co stock appears to be undervalued. The current stock price of ¥4.35 is trading 44.5% below its estimated GF Value™ of ¥7.84. GuruFocus considers Changhong Meiling Co to be Possible Value Trap.

Key valuation signals for SZSE:000521:

  • Construction In Progress: ¥213 Mil
  • GF Value™: ¥7.84 vs. price of ¥4.35 (44.5% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the SZSE:000521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Changhong Meiling Co Business Description

Other Exchanges 200521:China
Address No. 2163, Lianhua Road, Economic and technology Development Zone, Hefei, Anhui, CHN, 230601
Changhong Meiling Co Ltd is engaged in the research and development, manufacturing and sales of refrigerators, which covers the manufacturing and sales of various household refrigerators and accessories, as well as the sales and services of other household appliances.
64GF Score

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

¥4.35
Price
¥7.84
GF Value