Piotech (SHSE:688072) Construction In Progress: ¥516 Mil (As of Jun. 2026)

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SHSE:688072 Piotech Inc SHSE:688072
77 GF Score
Price ¥720.06
GF Value ¥420.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Piotech Construction In Progress?

Piotech SHSE:688072 +3.76% 77 Construction In Progress is ¥516 Mil as of Jun. 2026. GuruFocus rates SHSE:688072 with a GF Score™ of 77/100 and a GF Value™ of ¥420.40 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Piotech's quarterly construction in progress declined from Dec. 2025 (¥413 Mil) to Mar. 2026 (¥ Mil) but then increased from Mar. 2026 (¥ Mil) to Jun. 2026 (¥516 Mil).

Piotech's annual construction in progress increased from Dec. 2023 (¥117 Mil) to Dec. 2024 (¥729 Mil) but then declined from Dec. 2024 (¥729 Mil) to Dec. 2025 (¥413 Mil).

Piotech Construction In Progress Historical Data

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The historical data trend for Piotech'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.

Piotech Construction In Progress Chart

Piotech Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 73.32 10.60 116.54 729.33 413.39

Piotech 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 278.79 - 413.39 - 515.51
SHSE:688072
77GF Score
Piotech Inc SHSE:688072
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Piotech 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 ¥516 Mil mean?
Piotech (SHSE:688072) has a Construction In Progress of ¥516 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Piotech and its competitors.
Is Piotech's Construction In Progress too high?
Piotech's current Construction In Progress is ¥516 Mil. Overall, Piotech has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piotech's Construction In Progress compare to LRCX and AMAT?
Piotech's Construction In Progress of ¥516 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 Piotech and its competitors. Piotech's current Construction In Progress is ¥516 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piotech stock overvalued right now?
Based on GuruFocus' analysis, Piotech (SHSE:688072) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥420.40, compared to a current price of ¥720.06 — trading 71.3% above its estimated fair value. The current Construction In Progress is ¥516 Mil. Piotech's overall GF Score™ is 77/100 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 Piotech (SHSE:688072), the current Construction In Progress is ¥516 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 Piotech (SHSE:688072) Overvalued in 2026?

Based on GuruFocus' analysis, Piotech stock appears to be overvalued. The current stock price of ¥720.06 is trading 71.3% above its estimated GF Value™ of ¥420.40. GuruFocus considers Piotech to be Significantly Overvalued.

Key valuation signals for SHSE:688072:

  • Construction In Progress: ¥516 Mil
  • GF Value™: ¥420.40 vs. price of ¥720.06 (71.3% above fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Piotech Business Description

Address No. 900, Shuijia, Hunnan District, Liaoning Province, Shenyang, CHN, 110171
Piotech Inc is engaged in the research and development, production, sales, and technical services of high-end semiconductor special equipment. The company provides three main product lines: Plasma Enhanced Chemical Vapor Deposition (PECVD) equipment for thin film formation in memory chip production, Atomic Layer Deposition (ALD) equipment for logic chip manufacturing, and Sub-Atmospheric Chemical Vapor Deposition (SACVD) equipment for wafer fabrication.
77GF Score

Get the complete analysis for SHSE:688072

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

¥720.06
Price
¥420.40
GF Value