Pateo Connect Technology (Shanghai) (HKSE:02889) Construction In Progress: HK$492 Mil (As of Dec. 2025)

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HKSE:02889 Pateo Connect Technology (Shanghai) Corp HKSE:02889
8 GF Score
Price HK$185.70
! 2 Warning Signs
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What is Pateo Connect Technology (Shanghai) Construction In Progress?

Pateo Connect Technology (Shanghai) HKSE:02889 +3.17% 8 Construction In Progress is HK$492 Mil as of Dec. 2025. GuruFocus rates HKSE:02889 with a GF Score™ of 8/100. The stock has 2 warning signs investors should review.

Pateo Connect Technology (Shanghai)'s quarterly construction in progress increased from Dec. 2023 (HK$210 Mil) to Dec. 2024 (HK$307 Mil) and increased from Dec. 2024 (HK$307 Mil) to Dec. 2025 (HK$492 Mil).

Pateo Connect Technology (Shanghai)'s annual construction in progress increased from Dec. 2023 (HK$210 Mil) to Dec. 2024 (HK$307 Mil) and increased from Dec. 2024 (HK$307 Mil) to Dec. 2025 (HK$492 Mil).

Pateo Connect Technology (Shanghai) Construction In Progress Historical Data

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The historical data trend for Pateo Connect Technology (Shanghai)'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.

Pateo Connect Technology (Shanghai) Construction In Progress Chart

Pateo Connect Technology (Shanghai) Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Construction In Progress
153.64 209.65 306.55 491.64

Pateo Connect Technology (Shanghai) Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Construction In Progress 153.64 209.65 306.55 491.64
HKSE:02889
8GF Score
Pateo Connect Technology (Shanghai) Corp HKSE:02889
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Pateo Connect Technology (Shanghai) 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 HK$492 Mil mean?
Pateo Connect Technology (Shanghai) (HKSE:02889) has a Construction In Progress of HK$492 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Pateo Connect Technology (Shanghai) and its competitors.
Is Pateo Connect Technology (Shanghai)'s Construction In Progress too high?
Pateo Connect Technology (Shanghai)'s current Construction In Progress is HK$492 Mil. Overall, Pateo Connect Technology (Shanghai) has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Pateo Connect Technology (Shanghai)'s Construction In Progress compare to QH and SHOP?
Pateo Connect Technology (Shanghai)'s Construction In Progress of HK$492 Mil can be compared against companies in the Software 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 Software company?
A good Construction In Progress depends on the Software 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 Pateo Connect Technology (Shanghai) and its competitors. Pateo Connect Technology (Shanghai)'s current Construction In Progress is HK$492 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pateo Connect Technology (Shanghai) stock overvalued right now?
Pateo Connect Technology (Shanghai) (HKSE:02889) has a current Construction In Progress of HK$492 Mil. The current Construction In Progress is HK$492 Mil. Pateo Connect Technology (Shanghai)'s overall GF Score™ is 8/100 with 2 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 Pateo Connect Technology (Shanghai) (HKSE:02889), the current Construction In Progress is HK$492 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.

Pateo Connect Technology (Shanghai) Business Description

Address 866 East Changzhi Road, 37th Floor, Room 3701, AIA Financial Center, Hongkou District, Shanghai, CHN, 200030
Pateo Connect Technology (Shanghai) Corp is a smart cockpit solution provider in China. The company is a integrated IoV service provider offering active safety systems, automotive electronics, low-level automotive software, intelligent operating system (OS), application software, domestic & international Internet automobile ecosystem, mobile phone connectivity, communications operation, TSP platform development & operation services, cloud computing, big data, content services integration & operation, map engine software & cloud architecture, embedded voice & cloud platform solutions, to AI (Artificial Intelligence). Its segments include Smart cockpit solutions, Vehicle connectivity support services, and Others.
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$185.70
Price