Jilin OLED Material Tech Co (SHSE:688378) Construction In Progress: ¥74.9 Mil (As of Mar. 2026)

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SHSE:688378 Jilin OLED Material Tech Co Ltd SHSE:688378
72 GF Score
Price ¥42.06
GF Value ¥29.29
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Jilin OLED Material Tech Co Construction In Progress?

Jilin OLED Material Tech Co SHSE:688378 +9.96% 72 Construction In Progress is ¥74.9 Mil as of Mar. 2026. GuruFocus rates SHSE:688378 with a GF Score™ of 72/100 and a GF Value™ of ¥29.29 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Jilin OLED Material Tech Co's quarterly construction in progress declined from Sep. 2025 (¥139.9 Mil) to Dec. 2025 (¥58.1 Mil) but then increased from Dec. 2025 (¥58.1 Mil) to Mar. 2026 (¥74.9 Mil).

Jilin OLED Material Tech Co's annual construction in progress declined from Dec. 2023 (¥174.7 Mil) to Dec. 2024 (¥137.3 Mil) and declined from Dec. 2024 (¥137.3 Mil) to Dec. 2025 (¥58.1 Mil).

Jilin OLED Material Tech Co Construction In Progress Historical Data

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The historical data trend for Jilin OLED Material Tech 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.

Jilin OLED Material Tech Co Construction In Progress Chart

Jilin OLED Material Tech 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 411.02 81.09 174.65 137.34 58.05

Jilin OLED Material Tech 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 124.94 139.58 139.91 58.05 74.92
SHSE:688378
72GF Score
Jilin OLED Material Tech Co Ltd SHSE:688378
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Jilin OLED Material Tech 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 ¥74.9 Mil mean?
Jilin OLED Material Tech Co (SHSE:688378) has a Construction In Progress of ¥74.9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Jilin OLED Material Tech Co and its competitors.
Is Jilin OLED Material Tech Co's Construction In Progress too high?
Jilin OLED Material Tech Co's current Construction In Progress is ¥74.9 Mil. Overall, Jilin OLED Material Tech Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jilin OLED Material Tech Co's Construction In Progress compare to LIN and SHW?
Jilin OLED Material Tech Co's Construction In Progress of ¥74.9 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Jilin OLED Material Tech Co and its competitors. Jilin OLED Material Tech Co's current Construction In Progress is ¥74.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jilin OLED Material Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Jilin OLED Material Tech Co (SHSE:688378) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥29.29, compared to a current price of ¥42.06 — trading 43.6% above its estimated fair value. The current Construction In Progress is ¥74.9 Mil. Jilin OLED Material Tech Co's overall GF Score™ is 72/100 with 7 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 Jilin OLED Material Tech Co (SHSE:688378), the current Construction In Progress is ¥74.9 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 Jilin OLED Material Tech Co (SHSE:688378) Overvalued in 2026?

Based on GuruFocus' analysis, Jilin OLED Material Tech Co stock appears to be overvalued. The current stock price of ¥42.06 is trading 43.6% above its estimated GF Value™ of ¥29.29. GuruFocus considers Jilin OLED Material Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:688378:

  • Construction In Progress: ¥74.9 Mil
  • GF Value™: ¥29.29 vs. price of ¥42.06 (43.6% above fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the SHSE:688378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jilin OLED Material Tech Co Business Description

Address No. 1111, Heshun Road, No. 61-62, Lane 666, Xianing Road, Jinshan Industrial Zone, Helong Town, Nong'an County, Jilin Province, Shanghai, CHN, 130012
Jilin OLED Material Tech Co Ltd is engaged in research and development, manufacturing, sales and after-sales technical services of organic light-emitting materials terminal materials and evaporation source equipment in the upstream link of the OLED industry chain. The company develops more than one hundred kinds of OLED materials in four categories, including cavity injection layer material, caity transport layer material, light-emitting layer material (fluorescent material system, phosphorescent material system) and electron transport layer material.
72GF Score

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

¥42.06
Price
¥29.29
GF Value