Yuneng Technology Co (SHSE:688348) Construction In Progress: ¥248 Mil (As of Mar. 2026)


SHSE:688348 Yuneng Technology Co Ltd SHSE:688348
73 GF Score
Price ¥32.40
GF Value ¥52.85
Valuation Possible Value Trap
! 5 Warning Signs
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What is Yuneng Technology Co Construction In Progress?

Yuneng Technology Co SHSE:688348 -2.73% 73 Construction In Progress is ¥248 Mil as of Mar. 2026. GuruFocus rates SHSE:688348 with a GF Score™ of 73/100 and a GF Value™ of ¥52.85 (Possible Value Trap). The stock has 5 warning signs investors should review.

Yuneng Technology Co's quarterly construction in progress increased from Sep. 2025 (¥139 Mil) to Dec. 2025 (¥196 Mil) and increased from Dec. 2025 (¥196 Mil) to Mar. 2026 (¥248 Mil).

Yuneng Technology Co's annual construction in progress increased from Dec. 2023 (¥10 Mil) to Dec. 2024 (¥174 Mil) and increased from Dec. 2024 (¥174 Mil) to Dec. 2025 (¥196 Mil).

Yuneng Technology Co Construction In Progress Historical Data

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The historical data trend for Yuneng Technology 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.

Yuneng Technology Co Construction In Progress Chart

Yuneng Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.00 0.00 10.14 174.39 195.95

Yuneng Technology 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 256.20 159.24 139.35 195.95 247.94
SHSE:688348
73GF Score
Yuneng Technology Co Ltd SHSE:688348
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Yuneng Technology 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 ¥248 Mil mean?
Yuneng Technology Co (SHSE:688348) has a Construction In Progress of ¥248 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Yuneng Technology Co and its competitors.
Is Yuneng Technology Co's Construction In Progress too high?
Yuneng Technology Co's current Construction In Progress is ¥248 Mil. Overall, Yuneng Technology Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yuneng Technology Co's Construction In Progress compare to CSCO and CIEN?
Yuneng Technology Co's Construction In Progress of ¥248 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Construction In Progress depends on the Hardware 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 Yuneng Technology Co and its competitors. Yuneng Technology Co's current Construction In Progress is ¥248 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuneng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Yuneng Technology Co (SHSE:688348) is currently considered Possible Value Trap. The stock's GF Value™ is ¥52.85, compared to a current price of ¥32.40 — trading 38.7% below its estimated fair value. The current Construction In Progress is ¥248 Mil. Yuneng Technology Co's overall GF Score™ is 73/100 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 Yuneng Technology Co (SHSE:688348), the current Construction In Progress is ¥248 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 Yuneng Technology Co (SHSE:688348) Overvalued in 2026?

Based on GuruFocus' analysis, Yuneng Technology Co stock appears to be undervalued. The current stock price of ¥32.40 is trading 38.7% below its estimated GF Value™ of ¥52.85. GuruFocus considers Yuneng Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:688348:

  • Construction In Progress: ¥248 Mil
  • GF Value™: ¥52.85 vs. price of ¥32.40 (38.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yuneng Technology Co Business Description

Address No. 1, Yatai Road, 3rd Floor, Building 1, Jiaxing Science and Technology City, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006
Yuneng Technology Co Ltd is engaged in the research and development, production and sales of component-level power electronic equipment in distributed photovoltaic power generation systems.
73GF Score

Get the complete analysis for SHSE:688348

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

¥32.40
Price
¥52.85
GF Value