Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Construction In Progress: KWD0.0 Mil (As of Mar. 2026)


KUW:SHIP Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP
76 GF Score
Price KWD0.70
GF Value KWD1.04
Valuation Possible Value Trap
! 6 Warning Signs
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What is Heavy Engineering Industries and Shipbuilding Co KSC Construction In Progress?

Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP -0.14% 76 Construction In Progress is KWD0.0 Mil as of Mar. 2026. GuruFocus rates KUW:SHIP with a GF Score™ of 76/100 and a GF Value™ of KWD1.04 (Possible Value Trap). The stock has 6 warning signs investors should review.

Heavy Engineering Industries and Shipbuilding Co KSC's quarterly construction in progress increased from Sep. 2025 (KWD0.0 Mil) to Dec. 2025 (KWD2.1 Mil) but then declined from Dec. 2025 (KWD2.1 Mil) to Mar. 2026 (KWD0.0 Mil).

Heavy Engineering Industries and Shipbuilding Co KSC's annual construction in progress increased from Dec. 2023 (KWD0.6 Mil) to Dec. 2024 (KWD1.9 Mil) and increased from Dec. 2024 (KWD1.9 Mil) to Dec. 2025 (KWD2.1 Mil).

Heavy Engineering Industries and Shipbuilding Co KSC Construction In Progress Historical Data

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The historical data trend for Heavy Engineering Industries and Shipbuilding Co KSC'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.

Heavy Engineering Industries and Shipbuilding Co KSC Construction In Progress Chart

Heavy Engineering Industries and Shipbuilding Co KSC 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 0.05 4.57 0.58 1.92 2.14

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 2.14 0.00
KUW:SHIP
76GF Score
Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Heavy Engineering Industries and Shipbuilding Co KSC 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 KWD0.0 Mil mean?
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) has a Construction In Progress of KWD0.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Heavy Engineering Industries and Shipbuilding Co KSC and its competitors.
Is Heavy Engineering Industries and Shipbuilding Co KSC's Construction In Progress too high?
Heavy Engineering Industries and Shipbuilding Co KSC's current Construction In Progress is KWD0.0 Mil. Overall, Heavy Engineering Industries and Shipbuilding Co KSC has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heavy Engineering Industries and Shipbuilding Co KSC's Construction In Progress compare to PWR and FIX?
Heavy Engineering Industries and Shipbuilding Co KSC's Construction In Progress of KWD0.0 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 Heavy Engineering Industries and Shipbuilding Co KSC and its competitors. Heavy Engineering Industries and Shipbuilding Co KSC's current Construction In Progress is KWD0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Engineering Industries and Shipbuilding Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) is currently considered Possible Value Trap. The stock's GF Value™ is KWD1.04, compared to a current price of KWD0.70 — trading 32.7% below its estimated fair value. The current Construction In Progress is KWD0.0 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's overall GF Score™ is 76/100 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP), the current Construction In Progress is KWD0.0 Mil as of Mar. 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Overvalued in 2026?

Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC stock appears to be undervalued. The current stock price of KWD0.70 is trading 32.7% below its estimated GF Value™ of KWD1.04. GuruFocus considers Heavy Engineering Industries and Shipbuilding Co KSC to be Possible Value Trap.

Key valuation signals for KUW:SHIP:

  • Construction In Progress: KWD0.0 Mil
  • GF Value™: KWD1.04 vs. price of KWD0.70 (32.7% below fair value)
  • GF Score™: 76/100 with 6 warning signs

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

Heavy Engineering Industries and Shipbuilding Co KSC Business Description

Address Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080
Heavy Engineering Industries and Shipbuilding Co KSC is engaged in engineering, procurement, and construction (EPC) contracting, focusing on the shipping and maritime industry in Kuwait. The Company serves sectors including oil and gas, refineries, petrochemicals, power, water distillation and desalination, shipbuilding, ship repair, dredging, and maritime construction. Its activities include industrial and marine works, installation and maintenance services, trading of equipment and spare parts, and contracting and tendering with international companies. It also provides services such as shipyard operations, fabrication, testing and calibration, quality control, scaffolding, galvanizing, onshore and offshore operations, technical manpower supply, and design and engineering services.
76GF Score

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

KWD0.70
Price
KWD1.04
GF Value