Wuxi NCE Power Co (SHSE:605111) Construction In Progress: ¥6 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:605111 Wuxi NCE Power Co Ltd SHSE:605111
84 GF Score
Price ¥56.10
GF Value ¥38.83
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Wuxi NCE Power Co Construction In Progress?

Wuxi NCE Power Co SHSE:605111 +4.18% 84 Construction In Progress is ¥6 Mil as of Mar. 2026. GuruFocus rates SHSE:605111 with a GF Score™ of 84/100 and a GF Value™ of ¥38.83 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Wuxi NCE Power Co's quarterly construction in progress declined from Sep. 2025 (¥43 Mil) to Dec. 2025 (¥8 Mil) and declined from Dec. 2025 (¥8 Mil) to Mar. 2026 (¥6 Mil).

Wuxi NCE Power Co's annual construction in progress increased from Dec. 2023 (¥186 Mil) to Dec. 2024 (¥242 Mil) but then declined from Dec. 2024 (¥242 Mil) to Dec. 2025 (¥8 Mil).

Wuxi NCE Power Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Wuxi NCE Power 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.

Wuxi NCE Power Co Construction In Progress Chart

Wuxi NCE Power 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 23.13 22.51 186.37 242.02 7.76

Wuxi NCE Power 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 247.97 263.65 42.82 7.76 5.79
SHSE:605111
84GF Score
Wuxi NCE Power Co Ltd SHSE:605111
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wuxi NCE Power 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 ¥6 Mil mean?
Wuxi NCE Power Co (SHSE:605111) has a Construction In Progress of ¥6 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Wuxi NCE Power Co and its competitors.
Is Wuxi NCE Power Co's Construction In Progress too high?
Wuxi NCE Power Co's current Construction In Progress is ¥6 Mil. Overall, Wuxi NCE Power Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuxi NCE Power Co's Construction In Progress compare to AMAT and LRCX?
Wuxi NCE Power Co's Construction In Progress of ¥6 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 Wuxi NCE Power Co and its competitors. Wuxi NCE Power Co's current Construction In Progress is ¥6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxi NCE Power Co stock overvalued right now?
Based on GuruFocus' analysis, Wuxi NCE Power Co (SHSE:605111) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥38.83, compared to a current price of ¥56.10 — trading 44.5% above its estimated fair value. The current Construction In Progress is ¥6 Mil. Wuxi NCE Power Co's overall GF Score™ is 84/100 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 Wuxi NCE Power Co (SHSE:605111), the current Construction In Progress is ¥6 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 Wuxi NCE Power Co (SHSE:605111) Overvalued in 2026?

Based on GuruFocus' analysis, Wuxi NCE Power Co stock appears to be overvalued. The current stock price of ¥56.10 is trading 44.5% above its estimated GF Value™ of ¥38.83. GuruFocus considers Wuxi NCE Power Co to be Significantly Overvalued.

Key valuation signals for SHSE:605111:

  • Construction In Progress: ¥6 Mil
  • GF Value™: ¥38.83 vs. price of ¥56.10 (44.5% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the SHSE:605111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wuxi NCE Power Co Business Description

Address Extension of Xinda Road, Singapore Industrial Park, Xinwu District, Jiangsu Province (east side of the road), Wuxi, CHN, 214000
Wuxi NCE Power Co Ltd is engaged in design and sales of MOSFET, IGBT and other semiconductor chips and power devices. The company provides 12V~200V Trench MOSFET (N channel and P channel), 30V~300V Super Trench MOSFET (N channel and P channel), 500V~900V Super Junction MOSFET and 600V~1350V Insulated Gate Bipolar Transistor (IGBT). Its products are widely applied in numerous fields, like automotive electronics, motor driver, household appliances, consumer electronics, LED lighting, security, electric motorcycle, network communication equipment, among others.
84GF Score

Get the complete analysis for SHSE:605111

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

¥56.10
Price
¥38.83
GF Value