TBEA Co (SHSE:600089) Construction In Progress: ¥23,475 Mil (As of Mar. 2026)

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SHSE:600089 TBEA Co Ltd SHSE:600089
77 GF Score
Price ¥19.17
GF Value ¥13.42
Valuation Significantly Overvalued
! 7 Warning Signs
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What is TBEA Co Construction In Progress?

TBEA Co SHSE:600089 +0.16% 77 Construction In Progress is ¥23,475 Mil as of Mar. 2026. GuruFocus rates SHSE:600089 with a GF Score™ of 77/100 and a GF Value™ of ¥13.42 (Significantly Overvalued). The stock has 7 warning signs investors should review.

TBEA Co's quarterly construction in progress increased from Sep. 2025 (¥15,978 Mil) to Dec. 2025 (¥18,096 Mil) and increased from Dec. 2025 (¥18,096 Mil) to Mar. 2026 (¥23,475 Mil).

TBEA Co's annual construction in progress declined from Dec. 2023 (¥14,362 Mil) to Dec. 2024 (¥14,099 Mil) but then increased from Dec. 2024 (¥14,099 Mil) to Dec. 2025 (¥18,096 Mil).

TBEA Co Construction In Progress Historical Data

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The historical data trend for TBEA 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.

TBEA Co Construction In Progress Chart

TBEA Co 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 6,309.48 15,126.55 14,361.78 14,099.22 18,096.37

TBEA Co 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 14,838.49 15,767.28 15,978.08 18,096.37 23,475.08
SHSE:600089
77GF Score
TBEA Co Ltd SHSE:600089
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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TBEA 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 ¥23,475 Mil mean?
TBEA Co (SHSE:600089) has a Construction In Progress of ¥23,475 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on TBEA Co and its competitors.
Is TBEA Co's Construction In Progress too high?
TBEA Co's current Construction In Progress is ¥23,475 Mil. Overall, TBEA Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBEA Co's Construction In Progress compare to VRT and BE?
TBEA Co's Construction In Progress of ¥23,475 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 TBEA Co and its competitors. TBEA Co's current Construction In Progress is ¥23,475 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBEA Co stock overvalued right now?
Based on GuruFocus' analysis, TBEA Co (SHSE:600089) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.42, compared to a current price of ¥19.17 — trading 42.8% above its estimated fair value. The current Construction In Progress is ¥23,475 Mil. TBEA Co's overall GF Score™ is 77/100 with 7 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 TBEA Co (SHSE:600089), the current Construction In Progress is ¥23,475 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 TBEA Co (SHSE:600089) Overvalued in 2026?

Based on GuruFocus' analysis, TBEA Co stock appears to be overvalued. The current stock price of ¥19.17 is trading 42.8% above its estimated GF Value™ of ¥13.42. GuruFocus considers TBEA Co to be Significantly Overvalued.

Key valuation signals for SHSE:600089:

  • Construction In Progress: ¥23,475 Mil
  • GF Value™: ¥13.42 vs. price of ¥19.17 (42.8% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TBEA Co Business Description

Address No. 189, Beijing South Road, Xinjiang, Changji, CHN, 831100
TBEA Co Ltd is a China-based company that offers energy business solutions to service providers. The company distributes electric power transmission and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions that range from surveying to design, construction, installation, and commissioning, as well as integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and other countries.
77GF Score

Get the complete analysis for SHSE:600089

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

¥19.17
Price
¥13.42
GF Value