MayAir Technology (China) Co (SHSE:688376) Construction In Progress: ¥311 Mil (As of Mar. 2026)


SHSE:688376 MayAir Technology (China) Co Ltd SHSE:688376
82 GF Score
Price ¥98.21
GF Value ¥54.86
Valuation Significantly Overvalued
! 10 Warning Signs
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What is MayAir Technology (China) Co Construction In Progress?

MayAir Technology (China) Co SHSE:688376 -4.35% 82 Construction In Progress is ¥311 Mil as of Mar. 2026. GuruFocus rates SHSE:688376 with a GF Score™ of 82/100 and a GF Value™ of ¥54.86 (Significantly Overvalued). The stock has 10 warning signs investors should review.

MayAir Technology (China) Co's quarterly construction in progress increased from Sep. 2025 (¥240 Mil) to Dec. 2025 (¥283 Mil) and increased from Dec. 2025 (¥283 Mil) to Mar. 2026 (¥311 Mil).

MayAir Technology (China) Co's annual construction in progress declined from Dec. 2023 (¥116 Mil) to Dec. 2024 (¥103 Mil) but then increased from Dec. 2024 (¥103 Mil) to Dec. 2025 (¥283 Mil).

MayAir Technology (China) Co Construction In Progress Historical Data

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The historical data trend for MayAir Technology (China) 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.

MayAir Technology (China) Co Construction In Progress Chart

MayAir Technology (China) 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 2.04 27.78 116.24 103.02 282.52

MayAir Technology (China) Co Quarterly Data
Dec20 Mar21 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 174.97 217.91 240.29 282.52 311.18
SHSE:688376
82GF Score
MayAir Technology (China) Co Ltd SHSE:688376
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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MayAir Technology (China) 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 ¥311 Mil mean?
MayAir Technology (China) Co (SHSE:688376) has a Construction In Progress of ¥311 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on MayAir Technology (China) Co and its competitors.
Is MayAir Technology (China) Co's Construction In Progress too high?
MayAir Technology (China) Co's current Construction In Progress is ¥311 Mil. Overall, MayAir Technology (China) Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MayAir Technology (China) Co's Construction In Progress compare to VLTO and ZWS?
MayAir Technology (China) Co's Construction In Progress of ¥311 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 MayAir Technology (China) Co and its competitors. MayAir Technology (China) Co's current Construction In Progress is ¥311 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MayAir Technology (China) Co stock overvalued right now?
Based on GuruFocus' analysis, MayAir Technology (China) Co (SHSE:688376) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥54.86, compared to a current price of ¥98.21 — trading 79% above its estimated fair value. The current Construction In Progress is ¥311 Mil. MayAir Technology (China) Co's overall GF Score™ is 82/100 with 10 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 MayAir Technology (China) Co (SHSE:688376), the current Construction In Progress is ¥311 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 MayAir Technology (China) Co (SHSE:688376) Overvalued in 2026?

Based on GuruFocus' analysis, MayAir Technology (China) Co stock appears to be overvalued. The current stock price of ¥98.21 is trading 79% above its estimated GF Value™ of ¥54.86. GuruFocus considers MayAir Technology (China) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688376:

  • Construction In Progress: ¥311 Mil
  • GF Value™: ¥54.86 vs. price of ¥98.21 (79% above fair value)
  • GF Score™: 82/100 with 10 warning signs

No single metric tells the full story. See the SHSE:688376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MayAir Technology (China) Co Business Description

Address No. 101 Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing, CHN, 211111
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.
82GF Score

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

¥98.21
Price
¥54.86
GF Value