GoodWe Technologies Co (SHSE:688390) Construction In Progress: ¥19 Mil (As of Mar. 2026)


SHSE:688390 GoodWe Technologies Co Ltd SHSE:688390
88 GF Score
Price ¥88.58
GF Value ¥92.73
Valuation Fairly Valued
! 7 Warning Signs
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What is GoodWe Technologies Co Construction In Progress?

GoodWe Technologies Co SHSE:688390 -2.50% 88 Construction In Progress is ¥19 Mil as of Mar. 2026. GuruFocus rates SHSE:688390 with a GF Score™ of 88/100 and a GF Value™ of ¥92.73 (Fairly Valued). The stock has 7 warning signs investors should review.

GoodWe Technologies Co's quarterly construction in progress increased from Sep. 2025 (¥9 Mil) to Dec. 2025 (¥17 Mil) and increased from Dec. 2025 (¥17 Mil) to Mar. 2026 (¥19 Mil).

GoodWe Technologies Co's annual construction in progress declined from Dec. 2023 (¥485 Mil) to Dec. 2024 (¥32 Mil) and declined from Dec. 2024 (¥32 Mil) to Dec. 2025 (¥17 Mil).

GoodWe Technologies Co Construction In Progress Historical Data

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The historical data trend for GoodWe Technologies 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.

GoodWe Technologies Co Construction In Progress Chart

GoodWe Technologies 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 110.76 153.48 485.18 32.02 16.63

GoodWe Technologies 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 19.54 27.71 9.43 16.63 19.11
SHSE:688390
88GF Score
GoodWe Technologies Co Ltd SHSE:688390
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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GoodWe Technologies 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 ¥19 Mil mean?
GoodWe Technologies Co (SHSE:688390) has a Construction In Progress of ¥19 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on GoodWe Technologies Co and its competitors.
Is GoodWe Technologies Co's Construction In Progress too high?
GoodWe Technologies Co's current Construction In Progress is ¥19 Mil. Overall, GoodWe Technologies Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GoodWe Technologies Co's Construction In Progress compare to APH and GLW?
GoodWe Technologies Co's Construction In Progress of ¥19 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 GoodWe Technologies Co and its competitors. GoodWe Technologies Co's current Construction In Progress is ¥19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoodWe Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, GoodWe Technologies Co (SHSE:688390) is currently considered Fairly Valued. The stock's GF Value™ is ¥92.73, compared to a current price of ¥88.58 — trading 4.5% below its estimated fair value. The current Construction In Progress is ¥19 Mil. GoodWe Technologies Co's overall GF Score™ is 88/100 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 GoodWe Technologies Co (SHSE:688390), the current Construction In Progress is ¥19 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 GoodWe Technologies Co (SHSE:688390) Overvalued in 2026?

Based on GuruFocus' analysis, GoodWe Technologies Co stock appears to be undervalued. The current stock price of ¥88.58 is trading 4.5% below its estimated GF Value™ of ¥92.73. GuruFocus considers GoodWe Technologies Co to be Fairly Valued.

Key valuation signals for SHSE:688390:

  • Construction In Progress: ¥19 Mil
  • GF Value™: ¥92.73 vs. price of ¥88.58 (4.5% below fair value)
  • GF Score™: 88/100 with 7 warning signs

No single metric tells the full story. See the SHSE:688390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

GoodWe Technologies Co Business Description

Address No. 90, Zijin Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215011
GoodWe Technologies Co Ltd is engaged in Research and development, production and sales of new energy power supply equipment such as solar energy and energy storage.
88GF Score

Get the complete analysis for SHSE:688390

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

¥88.58
Price
¥92.73
GF Value