Assure Tech (Hangzhou) Co (SHSE:688075) Construction In Progress: ¥197.3 Mil (As of Mar. 2026)


SHSE:688075 Assure Tech (Hangzhou) Co Ltd SHSE:688075
67 GF Score
Price ¥31.11
GF Value ¥28.59
Valuation Fairly Valued
! 5 Warning Signs
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What is Assure Tech (Hangzhou) Co Construction In Progress?

Assure Tech (Hangzhou) Co SHSE:688075 +2.44% 67 Construction In Progress is ¥197.3 Mil as of Mar. 2026. GuruFocus rates SHSE:688075 with a GF Score™ of 67/100 and a GF Value™ of ¥28.59 (Fairly Valued). The stock has 5 warning signs investors should review.

Assure Tech (Hangzhou) Co's quarterly construction in progress increased from Sep. 2025 (¥179.3 Mil) to Dec. 2025 (¥221.9 Mil) but then declined from Dec. 2025 (¥221.9 Mil) to Mar. 2026 (¥197.3 Mil).

Assure Tech (Hangzhou) Co's annual construction in progress increased from Dec. 2023 (¥47.1 Mil) to Dec. 2024 (¥124.7 Mil) and increased from Dec. 2024 (¥124.7 Mil) to Dec. 2025 (¥221.9 Mil).

Assure Tech (Hangzhou) Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Assure Tech (Hangzhou) 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.

Assure Tech (Hangzhou) Co Construction In Progress Chart

Assure Tech (Hangzhou) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 53.75 91.42 47.10 124.72 221.85

Assure Tech (Hangzhou) 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 141.18 164.39 179.32 221.85 197.25
SHSE:688075
67GF Score
Assure Tech (Hangzhou) Co Ltd SHSE:688075
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Assure Tech (Hangzhou) 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 ¥197.3 Mil mean?
Assure Tech (Hangzhou) Co (SHSE:688075) has a Construction In Progress of ¥197.3 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Assure Tech (Hangzhou) Co and its competitors.
Is Assure Tech (Hangzhou) Co's Construction In Progress too high?
Assure Tech (Hangzhou) Co's current Construction In Progress is ¥197.3 Mil. Overall, Assure Tech (Hangzhou) Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Assure Tech (Hangzhou) Co's Construction In Progress compare to VRTX and REGN?
Assure Tech (Hangzhou) Co's Construction In Progress of ¥197.3 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Construction In Progress depends on the Biotechnology 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 Assure Tech (Hangzhou) Co and its competitors. Assure Tech (Hangzhou) Co's current Construction In Progress is ¥197.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assure Tech (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Assure Tech (Hangzhou) Co (SHSE:688075) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.59, compared to a current price of ¥31.11 — trading 8.8% above its estimated fair value. The current Construction In Progress is ¥197.3 Mil. Assure Tech (Hangzhou) Co's overall GF Score™ is 67/100 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 Assure Tech (Hangzhou) Co (SHSE:688075), the current Construction In Progress is ¥197.3 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 Assure Tech (Hangzhou) Co (SHSE:688075) Overvalued in 2026?

Based on GuruFocus' analysis, Assure Tech (Hangzhou) Co stock appears to be overvalued. The current stock price of ¥31.11 is trading 8.8% above its estimated GF Value™ of ¥28.59. GuruFocus considers Assure Tech (Hangzhou) Co to be Fairly Valued.

Key valuation signals for SHSE:688075:

  • Construction In Progress: ¥197.3 Mil
  • GF Value™: ¥28.59 vs. price of ¥31.11 (8.8% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Assure Tech (Hangzhou) Co Business Description

Address No. 1418-50,Moganshan Road, Building 4, Gongshu District, Hangzhou, CHN
Assure Tech (Hangzhou) Co Ltd is a biotechnology company. The company is engaged in research & development, production, sell of diagnostic reagents, POCT and biological materials.
67GF Score

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

¥31.11
Price
¥28.59
GF Value