Chenqi Technology (HKSE:09680) Construction In Progress: HK$1 Mil (As of Dec. 2025)

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HKSE:09680 Chenqi Technology Ltd HKSE:09680
11 GF Score
Price HK$8.30
! 2 Warning Signs
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What is Chenqi Technology Construction In Progress?

Chenqi Technology HKSE:09680 11 Construction In Progress is HK$1 Mil as of Dec. 2025. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review.

Chenqi Technology's quarterly construction in progress declined from Dec. 2024 (HK$2 Mil) to Jun. 2025 (HK$0 Mil) but then increased from Jun. 2025 (HK$0 Mil) to Dec. 2025 (HK$1 Mil).

Chenqi Technology's annual construction in progress increased from Dec. 2023 (HK$2 Mil) to Dec. 2024 (HK$2 Mil) but then declined from Dec. 2024 (HK$2 Mil) to Dec. 2025 (HK$1 Mil).

Chenqi Technology Construction In Progress Historical Data

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The historical data trend for Chenqi Technology'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.

Chenqi Technology Construction In Progress Chart

Chenqi Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
3.27 28.77 1.75 1.86 1.14

Chenqi Technology Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Construction In Progress Get a 7-Day Free Trial 1.75 0.00 1.86 0.00 1.14
HKSE:09680
11GF Score
Chenqi Technology Ltd HKSE:09680
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Chenqi Technology 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$1 Mil mean?
Chenqi Technology (HKSE:09680) has a Construction In Progress of HK$1 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Chenqi Technology and its competitors.
Is Chenqi Technology's Construction In Progress too high?
Chenqi Technology's current Construction In Progress is HK$1 Mil. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's Construction In Progress compare to URI and SUNB?
Chenqi Technology's Construction In Progress of HK$1 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Construction In Progress depends on the Business Services 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 Chenqi Technology and its competitors. Chenqi Technology's current Construction In Progress is HK$1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current Construction In Progress of HK$1 Mil. The current Construction In Progress is HK$1 Mil. Chenqi Technology's overall GF Score™ is 11/100 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 Chenqi Technology (HKSE:09680), the current Construction In Progress is HK$1 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.

Chenqi Technology Business Description

Address Kaitai Avenue, No. 30-4, Huangpu District, Guangdong Province, Guangzhou, CHN
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
11GF Score

Get the complete analysis for HKSE:09680

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

HK$8.30
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