Hangzhou First Applied Material Co (SHSE:603806) Construction In Progress: ¥399 Mil (As of Jun. 2026)

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SHSE:603806 Hangzhou First Applied Material Co Ltd SHSE:603806
87 GF Score
Price ¥15.45
GF Value ¥12.30
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hangzhou First Applied Material Co Construction In Progress?

Hangzhou First Applied Material Co SHSE:603806 -0.90% 87 Construction In Progress is ¥399 Mil as of Jun. 2026. GuruFocus rates SHSE:603806 with a GF Score™ of 87/100 and a GF Value™ of ¥12.30 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Hangzhou First Applied Material Co's quarterly construction in progress increased from Dec. 2025 (¥344 Mil) to Mar. 2026 (¥390 Mil) and increased from Mar. 2026 (¥390 Mil) to Jun. 2026 (¥399 Mil).

Hangzhou First Applied Material Co's annual construction in progress declined from Dec. 2023 (¥520 Mil) to Dec. 2024 (¥499 Mil) and declined from Dec. 2024 (¥499 Mil) to Dec. 2025 (¥344 Mil).

Hangzhou First Applied Material Co Construction In Progress Historical Data

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The historical data trend for Hangzhou First Applied Material 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.

Hangzhou First Applied Material Co Construction In Progress Chart

Hangzhou First Applied Material 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 421.25 454.26 519.97 499.22 344.26

Hangzhou First Applied Material Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 434.95 413.99 344.26 390.22 399.45
SHSE:603806
87GF Score
Hangzhou First Applied Material Co Ltd SHSE:603806
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou First Applied Material 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 ¥399 Mil mean?
Hangzhou First Applied Material Co (SHSE:603806) has a Construction In Progress of ¥399 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hangzhou First Applied Material Co and its competitors.
Is Hangzhou First Applied Material Co's Construction In Progress too high?
Hangzhou First Applied Material Co's current Construction In Progress is ¥399 Mil. Overall, Hangzhou First Applied Material Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou First Applied Material Co's Construction In Progress compare to AMAT and LRCX?
Hangzhou First Applied Material Co's Construction In Progress of ¥399 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 Hangzhou First Applied Material Co and its competitors. Hangzhou First Applied Material Co's current Construction In Progress is ¥399 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou First Applied Material Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou First Applied Material Co (SHSE:603806) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.30, compared to a current price of ¥15.45 — trading 25.6% above its estimated fair value. The current Construction In Progress is ¥399 Mil. Hangzhou First Applied Material Co's overall GF Score™ is 87/100 with 5 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 Hangzhou First Applied Material Co (SHSE:603806), the current Construction In Progress is ¥399 Mil as of Jun. 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 Hangzhou First Applied Material Co (SHSE:603806) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou First Applied Material Co stock appears to be overvalued. The current stock price of ¥15.45 is trading 25.6% above its estimated GF Value™ of ¥12.30. GuruFocus considers Hangzhou First Applied Material Co to be Modestly Overvalued.

Key valuation signals for SHSE:603806:

  • Construction In Progress: ¥399 Mil
  • GF Value™: ¥12.30 vs. price of ¥15.45 (25.6% above fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603806 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hangzhou First Applied Material Co Business Description

Address No. 8, Foster Street, Jinbei Street, Lin\'an District, Zhejiang Province, Hangzhou, CHN, 311300
Hangzhou First Applied Material Co Ltd is a China-based company engaged in the production of solar cell adhesive film, solar cell backplane, photosensitive dry film, flexible copper clad laminate, silicone material, hot melt adhesive film (hot melt adhesive), hot melt web film (double-sided adhesive), clothing accessories (lining cloth); sales of solar cell modules, cells, polysilicon, polymer materials, and chemical raw materials and products.
87GF Score

Get the complete analysis for SHSE:603806

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

¥15.45
Price
¥12.30
GF Value