Novogene Co (SHSE:688315) Construction In Progress: ¥9 Mil (As of Mar. 2026)

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SHSE:688315 Novogene Co Ltd SHSE:688315
84 GF Score
Price ¥11.94
GF Value ¥15.99
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Novogene Co Construction In Progress?

Novogene Co SHSE:688315 -2.93% 84 Construction In Progress is ¥9 Mil as of Mar. 2026. GuruFocus rates SHSE:688315 with a GF Score™ of 84/100 and a GF Value™ of ¥15.99 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Novogene Co's quarterly construction in progress increased from Sep. 2025 (¥4 Mil) to Dec. 2025 (¥31 Mil) but then declined from Dec. 2025 (¥31 Mil) to Mar. 2026 (¥9 Mil).

Novogene Co's annual construction in progress declined from Dec. 2023 (¥34 Mil) to Dec. 2024 (¥2 Mil) but then increased from Dec. 2024 (¥2 Mil) to Dec. 2025 (¥31 Mil).

Novogene Co Construction In Progress Historical Data

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The historical data trend for Novogene 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.

Novogene Co Construction In Progress Chart

Novogene 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 24.87 16.50 34.31 2.11 31.36

Novogene 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 1.17 7.58 3.90 31.36 8.81
SHSE:688315
84GF Score
Novogene Co Ltd SHSE:688315
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Novogene 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 ¥9 Mil mean?
Novogene Co (SHSE:688315) has a Construction In Progress of ¥9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Novogene Co and its competitors.
Is Novogene Co's Construction In Progress too high?
Novogene Co's current Construction In Progress is ¥9 Mil. Overall, Novogene Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novogene Co's Construction In Progress compare to VRTX and REGN?
Novogene Co's Construction In Progress of ¥9 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 Novogene Co and its competitors. Novogene Co's current Construction In Progress is ¥9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novogene Co stock overvalued right now?
Based on GuruFocus' analysis, Novogene Co (SHSE:688315) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.99, compared to a current price of ¥11.94 — trading 25.3% below its estimated fair value. The current Construction In Progress is ¥9 Mil. Novogene 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 Novogene Co (SHSE:688315), the current Construction In Progress is ¥9 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 Novogene Co (SHSE:688315) Overvalued in 2026?

Based on GuruFocus' analysis, Novogene Co stock appears to be undervalued. The current stock price of ¥11.94 is trading 25.3% below its estimated GF Value™ of ¥15.99. GuruFocus considers Novogene Co to be Modestly Undervalued.

Key valuation signals for SHSE:688315:

  • Construction In Progress: ¥9 Mil
  • GF Value™: ¥15.99 vs. price of ¥11.94 (25.3% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the SHSE:688315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Novogene Co Business Description

Address No. 29, Shengshengyuan Road, Room B258, Innovation Building, Huilongguan Town, Changping District, Beijing, CHN, 100015
Novogene Co Ltd is engaged in providing multi-level scientific research and technical services and solutions for life science basic research, medical and clinical application research, and independent development and innovation of genetic testing medical equipment.
84GF Score

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

¥11.94
Price
¥15.99
GF Value