Ningbo Deye Technology (SHSE:605117) Construction In Progress: ¥424 Mil (As of Mar. 2026)


SHSE:605117 Ningbo Deye Technology Corp SHSE:605117
87 GF Score
Price ¥96.12
GF Value ¥74.70
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Ningbo Deye Technology Construction In Progress?

Ningbo Deye Technology SHSE:605117 -0.33% 87 Construction In Progress is ¥424 Mil as of Mar. 2026. GuruFocus rates SHSE:605117 with a GF Score™ of 87/100 and a GF Value™ of ¥74.70 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Ningbo Deye Technology's quarterly construction in progress increased from Sep. 2025 (¥177 Mil) to Dec. 2025 (¥351 Mil) and increased from Dec. 2025 (¥351 Mil) to Mar. 2026 (¥424 Mil).

Ningbo Deye Technology's annual construction in progress increased from Dec. 2023 (¥288 Mil) to Dec. 2024 (¥643 Mil) but then declined from Dec. 2024 (¥643 Mil) to Dec. 2025 (¥351 Mil).

Ningbo Deye Technology Construction In Progress Historical Data

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The historical data trend for Ningbo Deye Technology'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.

Ningbo Deye Technology Construction In Progress Chart

Ningbo Deye Technology 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 505.25 462.77 287.82 643.02 351.48

Ningbo Deye Technology 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 683.84 898.39 177.33 351.48 423.99
SHSE:605117
87GF Score
Ningbo Deye Technology Corp SHSE:605117
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Deye Technology 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 ¥424 Mil mean?
Ningbo Deye Technology (SHSE:605117) has a Construction In Progress of ¥424 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ningbo Deye Technology and its competitors.
Is Ningbo Deye Technology's Construction In Progress too high?
Ningbo Deye Technology's current Construction In Progress is ¥424 Mil. Overall, Ningbo Deye Technology has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Deye Technology's Construction In Progress compare to VRT and BE?
Ningbo Deye Technology's Construction In Progress of ¥424 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Ningbo Deye Technology and its competitors. Ningbo Deye Technology's current Construction In Progress is ¥424 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Deye Technology stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Deye Technology (SHSE:605117) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥74.70, compared to a current price of ¥96.12 — trading 28.7% above its estimated fair value. The current Construction In Progress is ¥424 Mil. Ningbo Deye Technology's overall GF Score™ is 87/100 with 3 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 Ningbo Deye Technology (SHSE:605117), the current Construction In Progress is ¥424 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 Ningbo Deye Technology (SHSE:605117) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Deye Technology stock appears to be overvalued. The current stock price of ¥96.12 is trading 28.7% above its estimated GF Value™ of ¥74.70. GuruFocus considers Ningbo Deye Technology to be Modestly Overvalued.

Key valuation signals for SHSE:605117:

  • Construction In Progress: ¥424 Mil
  • GF Value™: ¥74.70 vs. price of ¥96.12 (28.7% above fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the SHSE:605117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Deye Technology Business Description

Address No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Deye Technology Corp is engaged in the research, development, manufacturing, and sale of inverters, heat exchangers, and dehumidifiers. Its product range also includes refrigeration equipment, air and water purification systems, fresh air systems, solar air conditioners, variable frequency water pumps, and electronic controllers.
87GF Score

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

¥96.12
Price
¥74.70
GF Value