HG Semiconductor (HKSE:06908) Construction In Progress: HK$58.6 Mil (As of Dec. 2025)

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HKSE:06908 HG Semiconductor Ltd HKSE:06908
32 GF Score
Price HK$0.35
GF Value HK$0.56
Valuation Possible Value Trap
! 6 Warning Signs
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What is HG Semiconductor Construction In Progress?

HG Semiconductor HKSE:06908 32 Construction In Progress is HK$58.6 Mil as of Dec. 2025. GuruFocus rates HKSE:06908 with a GF Score™ of 32/100 and a GF Value™ of HK$0.56 (Possible Value Trap). The stock has 6 warning signs investors should review.

HG Semiconductor's quarterly construction in progress declined from Dec. 2024 (HK$75.2 Mil) to Jun. 2025 (HK$1.5 Mil) but then increased from Jun. 2025 (HK$1.5 Mil) to Dec. 2025 (HK$58.6 Mil).

HG Semiconductor's annual construction in progress declined from Dec. 2023 (HK$139.0 Mil) to Dec. 2024 (HK$75.2 Mil) and declined from Dec. 2024 (HK$75.2 Mil) to Dec. 2025 (HK$58.6 Mil).

HG Semiconductor Construction In Progress Historical Data

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The historical data trend for HG Semiconductor'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.

HG Semiconductor Construction In Progress Chart

HG Semiconductor 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 50.01 117.76 138.97 75.17 58.64

HG Semiconductor 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 138.97 19.58 75.17 1.54 58.64
HKSE:06908
32GF Score
HG Semiconductor Ltd HKSE:06908
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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HG Semiconductor 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$58.6 Mil mean?
HG Semiconductor (HKSE:06908) has a Construction In Progress of HK$58.6 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on HG Semiconductor and its competitors.
Is HG Semiconductor's Construction In Progress too high?
HG Semiconductor's current Construction In Progress is HK$58.6 Mil. Overall, HG Semiconductor has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HG Semiconductor's Construction In Progress compare to NVDA and AVGO?
HG Semiconductor's Construction In Progress of HK$58.6 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 HG Semiconductor and its competitors. HG Semiconductor's current Construction In Progress is HK$58.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HG Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, HG Semiconductor (HKSE:06908) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.35 — trading 37.5% below its estimated fair value. The current Construction In Progress is HK$58.6 Mil. HG Semiconductor's overall GF Score™ is 32/100 with 6 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 HG Semiconductor (HKSE:06908), the current Construction In Progress is HK$58.6 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 HG Semiconductor (HKSE:06908) Overvalued in 2026?

Based on GuruFocus' analysis, HG Semiconductor stock appears to be undervalued. The current stock price of HK$0.35 is trading 37.5% below its estimated GF Value™ of HK$0.56. GuruFocus considers HG Semiconductor to be Possible Value Trap.

Key valuation signals for HKSE:06908:

  • Construction In Progress: HK$58.6 Mil
  • GF Value™: HK$0.56 vs. price of HK$0.35 (37.5% below fair value)
  • GF Score™: 32/100 with 6 warning signs

No single metric tells the full story. See the HKSE:06908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HG Semiconductor Business Description

Other Exchanges Y88:Germany
Address No. 8 Pinggong Er Road, The North Side, 2nd Floor, Nanping Technology Industrial Park, Zhuhai, CHN
HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. Its operating segments are (i) LED products and (ii) GaN and other semiconductor products. The sales of LED products generate maximum revenue for the company.
32GF Score

Get the complete analysis for HKSE:06908

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

HK$0.35
Price
HK$0.56
GF Value