Quectel Wireless Solutions Co (SHSE:603236) Construction In Progress: ¥0 Mil (As of Mar. 2026)


SHSE:603236 Quectel Wireless Solutions Co Ltd SHSE:603236
83 GF Score
Price ¥50.18
GF Value ¥67.36
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Quectel Wireless Solutions Co Construction In Progress?

Quectel Wireless Solutions Co SHSE:603236 -3.13% 83 Construction In Progress is ¥0 Mil as of Mar. 2026. GuruFocus rates SHSE:603236 with a GF Score™ of 83/100 and a GF Value™ of ¥67.36 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Quectel Wireless Solutions Co's quarterly construction in progress declined from Sep. 2025 (¥775 Mil) to Dec. 2025 (¥0 Mil) but then increased from Dec. 2025 (¥0 Mil) to Mar. 2026 (¥0 Mil).

Quectel Wireless Solutions Co's annual construction in progress increased from Dec. 2023 (¥102 Mil) to Dec. 2024 (¥440 Mil) but then declined from Dec. 2024 (¥440 Mil) to Dec. 2025 (¥0 Mil).

Quectel Wireless Solutions Co Construction In Progress Historical Data

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The historical data trend for Quectel Wireless Solutions 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.

Quectel Wireless Solutions Co Construction In Progress Chart

Quectel Wireless Solutions 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 30.36 98.40 101.99 440.39 0.18

Quectel Wireless Solutions 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 538.87 568.04 774.72 0.18 0.21
SHSE:603236
83GF Score
Quectel Wireless Solutions Co Ltd SHSE:603236
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Quectel Wireless Solutions 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 ¥0 Mil mean?
Quectel Wireless Solutions Co (SHSE:603236) has a Construction In Progress of ¥0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Quectel Wireless Solutions Co and its competitors.
Is Quectel Wireless Solutions Co's Construction In Progress too high?
Quectel Wireless Solutions Co's current Construction In Progress is ¥0 Mil. Overall, Quectel Wireless Solutions Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quectel Wireless Solutions Co's Construction In Progress compare to CSCO and CIEN?
Quectel Wireless Solutions Co's Construction In Progress of ¥0 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 Quectel Wireless Solutions Co and its competitors. Quectel Wireless Solutions Co's current Construction In Progress is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quectel Wireless Solutions Co stock overvalued right now?
Based on GuruFocus' analysis, Quectel Wireless Solutions Co (SHSE:603236) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥67.36, compared to a current price of ¥50.18 — trading 25.5% below its estimated fair value. The current Construction In Progress is ¥0 Mil. Quectel Wireless Solutions Co's overall GF Score™ is 83/100 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 Quectel Wireless Solutions Co (SHSE:603236), the current Construction In Progress is ¥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 Quectel Wireless Solutions Co (SHSE:603236) Overvalued in 2026?

Based on GuruFocus' analysis, Quectel Wireless Solutions Co stock appears to be undervalued. The current stock price of ¥50.18 is trading 25.5% below its estimated GF Value™ of ¥67.36. GuruFocus considers Quectel Wireless Solutions Co to be Modestly Undervalued.

Key valuation signals for SHSE:603236:

  • Construction In Progress: ¥0 Mil
  • GF Value™: ¥67.36 vs. price of ¥50.18 (25.5% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Quectel Wireless Solutions Co Business Description

Address No.1016 Tianlin Road, Building 5, Shanghai Business Park, Minhang District, Shanghai, CHN, 200233
Quectel Wireless Solutions Co Ltd is engaged in the design, development of cellular communication modules. It primarily supplies 5G, LTE, LTE-A, LPWA, Smart Module, C-V2X, GSM/GPRS and GNSS modules.
83GF Score

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

¥50.18
Price
¥67.36
GF Value