Promisemed Hangzhou Meditech Co (BJSE:920069) Construction In Progress: ¥16.0 Mil (As of Jun. 2026)

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BJSE:920069 Promisemed Hangzhou Meditech Co Ltd BJSE:920069
18 GF Score
Price ¥33.28
! 1 Warning Sign
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What is Promisemed Hangzhou Meditech Co Construction In Progress?

Promisemed Hangzhou Meditech Co BJSE:920069 18 Construction In Progress is ¥16.0 Mil as of Jun. 2026. GuruFocus rates BJSE:920069 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review.

Promisemed Hangzhou Meditech Co's quarterly construction in progress increased from Dec. 2025 (¥12.4 Mil) to Mar. 2026 (¥15.2 Mil) and increased from Mar. 2026 (¥15.2 Mil) to Jun. 2026 (¥16.0 Mil).

Promisemed Hangzhou Meditech Co's annual construction in progress declined from Dec. 2023 (¥257.7 Mil) to Dec. 2024 (¥2.1 Mil) but then increased from Dec. 2024 (¥2.1 Mil) to Dec. 2025 (¥12.4 Mil).

Promisemed Hangzhou Meditech Co Construction In Progress Historical Data

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The historical data trend for Promisemed Hangzhou Meditech 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.

Promisemed Hangzhou Meditech Co Construction In Progress Chart

Promisemed Hangzhou Meditech Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Construction In Progress
124.94 257.73 2.10 12.36

Promisemed Hangzhou Meditech Co Quarterly Data
Dec22 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 17.87 0.00 12.36 15.18 16.04
BJSE:920069
18GF Score
Promisemed Hangzhou Meditech Co Ltd BJSE:920069
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Promisemed Hangzhou Meditech 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 ¥16.0 Mil mean?
Promisemed Hangzhou Meditech Co (BJSE:920069) has a Construction In Progress of ¥16.0 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Promisemed Hangzhou Meditech Co and its competitors.
Is Promisemed Hangzhou Meditech Co's Construction In Progress too high?
Promisemed Hangzhou Meditech Co's current Construction In Progress is ¥16.0 Mil. Overall, Promisemed Hangzhou Meditech Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Promisemed Hangzhou Meditech Co's Construction In Progress compare to ISRG and BDX?
Promisemed Hangzhou Meditech Co's Construction In Progress of ¥16.0 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Construction In Progress depends on the Medical Devices & Instruments 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 Promisemed Hangzhou Meditech Co and its competitors. Promisemed Hangzhou Meditech Co's current Construction In Progress is ¥16.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promisemed Hangzhou Meditech Co stock overvalued right now?
Promisemed Hangzhou Meditech Co (BJSE:920069) has a current Construction In Progress of ¥16.0 Mil. The current Construction In Progress is ¥16.0 Mil. Promisemed Hangzhou Meditech Co's overall GF Score™ is 18/100 with 1 warning sign 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 Promisemed Hangzhou Meditech Co (BJSE:920069), the current Construction In Progress is ¥16.0 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.

Promisemed Hangzhou Meditech Co Business Description

Address No. 1388 Cangxing Street, Building 1, Cangqian Subdistrict, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121
Promisemed Hangzhou Meditech Co Ltd is engaged in the Research, development, production and sales of diabetes care, universal drug delivery and infusion, and minimally invasive interventional medical devices.
18GF Score

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

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