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Mubang High-Tech Co's quarterly construction in progress
declined
from Sep. 2025 (¥1,432.1 Mil) to Dec. 2025 (¥1,371.3 Mil) but then
increased
from Dec. 2025 (¥1,371.3 Mil) to Mar. 2026 (¥1,371.3 Mil).
Mubang High-Tech Co's annual construction in progress
increased
from Dec. 2023 (¥1,304.9 Mil) to Dec. 2024 (¥1,509.1 Mil) but then
declined
from Dec. 2024 (¥1,509.1 Mil) to Dec. 2025 (¥1,371.3 Mil).
Mubang High-Tech Co Construction In Progress Historical Data
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The historical data trend for Mubang High-Tech 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.
Mubang High-Tech Co Construction In Progress Chart
Mubang High-Tech 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 ¥1,371.3 Mil mean?
Mubang High-Tech Co (SHSE:603398) has a Construction In Progress of ¥1,371.3 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Mubang High-Tech Co and its competitors.
Is Mubang High-Tech Co's Construction In Progress too high?
Mubang High-Tech Co's current Construction In Progress is ¥1,371.3 Mil. Overall, Mubang High-Tech Co has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mubang High-Tech Co's Construction In Progress compare to AS and HAS?
Mubang High-Tech Co's Construction In Progress of ¥1,371.3 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure 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 Mubang High-Tech Co and its competitors. Mubang High-Tech Co's current Construction In Progress is ¥1,371.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mubang High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Mubang High-Tech Co (SHSE:603398) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.85, compared to a current price of ¥8.68 — trading 11.9% below its estimated fair value. The current Construction In Progress is ¥1,371.3 Mil. Mubang High-Tech Co's overall GF Score™ is 45/100 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 Mubang High-Tech Co (SHSE:603398), the current Construction In Progress is ¥1,371.3 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 Mubang High-Tech Co (SHSE:603398) Overvalued in 2026?
Based on GuruFocus' analysis, Mubang High-Tech Co stock appears to be undervalued.
The current stock price of ¥8.68 is trading 11.9% below its estimated GF Value™ of ¥9.85.
GuruFocus considers Mubang High-Tech Co to be Modestly Undervalued.
Key valuation signals for SHSE:603398:
Construction In Progress: ¥1,371.3 Mil
GF Value™: ¥9.85 vs. price of ¥8.68 (11.9% below fair value)
No single metric tells the full story. See the SHSE:603398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mubang High-Tech Co Ltd is a manufacturer which is specialized in the research, development, and production of educational plastic block toys and infant preschool block toys. It also engaged in the production and sales of precision non-metal molds, production and sales of pharmaceutical packaging materials, building block creative training, educational service consulting among others.
45GF Score
Get the complete analysis for SHSE:603398
Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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