Caihong Display Devices Co (SHSE:600707) Construction In Progress: ¥3,756 Mil (As of Mar. 2026)

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SHSE:600707 Caihong Display Devices Co Ltd SHSE:600707
56 GF Score
Price ¥9.25
GF Value ¥7.16
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Caihong Display Devices Co Construction In Progress?

Caihong Display Devices Co SHSE:600707 +8.19% 56 Construction In Progress is ¥3,756 Mil as of Mar. 2026. GuruFocus rates SHSE:600707 with a GF Score™ of 56/100 and a GF Value™ of ¥7.16 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Caihong Display Devices Co's quarterly construction in progress declined from Sep. 2025 (¥3,647 Mil) to Dec. 2025 (¥3,552 Mil) but then increased from Dec. 2025 (¥3,552 Mil) to Mar. 2026 (¥3,756 Mil).

Caihong Display Devices Co's annual construction in progress increased from Dec. 2023 (¥3,180 Mil) to Dec. 2024 (¥3,323 Mil) and increased from Dec. 2024 (¥3,323 Mil) to Dec. 2025 (¥3,552 Mil).

Caihong Display Devices Co Construction In Progress Historical Data

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The historical data trend for Caihong Display Devices 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.

Caihong Display Devices Co Construction In Progress Chart

Caihong Display Devices 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 1,585.94 3,226.44 3,180.06 3,323.03 3,551.74

Caihong Display Devices 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 4,052.16 3,302.53 3,647.17 3,551.74 3,755.83
SHSE:600707
56GF Score
Caihong Display Devices Co Ltd SHSE:600707
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Caihong Display Devices 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 ¥3,756 Mil mean?
Caihong Display Devices Co (SHSE:600707) has a Construction In Progress of ¥3,756 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Caihong Display Devices Co and its competitors.
Is Caihong Display Devices Co's Construction In Progress too high?
Caihong Display Devices Co's current Construction In Progress is ¥3,756 Mil. Overall, Caihong Display Devices Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caihong Display Devices Co's Construction In Progress compare to APH and GLW?
Caihong Display Devices Co's Construction In Progress of ¥3,756 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Construction In Progress depends on the Hardware 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 Caihong Display Devices Co and its competitors. Caihong Display Devices Co's current Construction In Progress is ¥3,756 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caihong Display Devices Co stock overvalued right now?
Based on GuruFocus' analysis, Caihong Display Devices Co (SHSE:600707) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.16, compared to a current price of ¥9.25 — trading 29.2% above its estimated fair value. The current Construction In Progress is ¥3,756 Mil. Caihong Display Devices Co's overall GF Score™ is 56/100 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 Caihong Display Devices Co (SHSE:600707), the current Construction In Progress is ¥3,756 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 Caihong Display Devices Co (SHSE:600707) Overvalued in 2026?

Based on GuruFocus' analysis, Caihong Display Devices Co stock appears to be overvalued. The current stock price of ¥9.25 is trading 29.2% above its estimated GF Value™ of ¥7.16. GuruFocus considers Caihong Display Devices Co to be Modestly Overvalued.

Key valuation signals for SHSE:600707:

  • Construction In Progress: ¥3,756 Mil
  • GF Value™: ¥7.16 vs. price of ¥9.25 (29.2% above fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Caihong Display Devices Co Business Description

Address No. 1 Caihong Road, Xianyang, Shanxi, CHN, 712021
Caihong Display Devices Co Ltd is engaged in the research and development of new energy photovoltaic glass. Its operations include construction and operation of solar power plants; production and sales of solar photovoltaic glass, tempered glass, coated glass, conductive film glass, flat glass, and vacuum glass; production and sales of solar cell chip, solar cell module, and their auxiliary products as well as silicon materials; solar photovoltaic power generation related business; and other products. The majority of its revenue comes from China.
56GF Score

Get the complete analysis for SHSE:600707

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

¥9.25
Price
¥7.16
GF Value