China Resources Microelectronics (SHSE:688396) Construction In Progress: ¥425 Mil (As of Mar. 2026)


SHSE:688396 China Resources Microelectronics Ltd SHSE:688396
85 GF Score
Price ¥87.38
GF Value ¥56.03
Valuation Significantly Overvalued
! 10 Warning Signs
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What is China Resources Microelectronics Construction In Progress?

China Resources Microelectronics SHSE:688396 -6.50% 85 Construction In Progress is ¥425 Mil as of Mar. 2026. GuruFocus rates SHSE:688396 with a GF Score™ of 85/100 and a GF Value™ of ¥56.03 (Significantly Overvalued). The stock has 10 warning signs investors should review.

China Resources Microelectronics's quarterly construction in progress declined from Sep. 2025 (¥583 Mil) to Dec. 2025 (¥479 Mil) and declined from Dec. 2025 (¥479 Mil) to Mar. 2026 (¥425 Mil).

China Resources Microelectronics's annual construction in progress declined from Dec. 2023 (¥765 Mil) to Dec. 2024 (¥349 Mil) but then increased from Dec. 2024 (¥349 Mil) to Dec. 2025 (¥479 Mil).

China Resources Microelectronics Construction In Progress Historical Data

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The historical data trend for China Resources Microelectronics'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.

China Resources Microelectronics Construction In Progress Chart

China Resources Microelectronics 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 518.65 1,568.24 764.76 348.65 478.99

China Resources Microelectronics 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 282.23 435.88 582.76 478.99 424.93
SHSE:688396
85GF Score
China Resources Microelectronics Ltd SHSE:688396
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Microelectronics 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 ¥425 Mil mean?
China Resources Microelectronics (SHSE:688396) has a Construction In Progress of ¥425 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on China Resources Microelectronics and its competitors.
Is China Resources Microelectronics' Construction In Progress too high?
China Resources Microelectronics' current Construction In Progress is ¥425 Mil. Overall, China Resources Microelectronics has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Microelectronics' Construction In Progress compare to NVDA and AVGO?
China Resources Microelectronics' Construction In Progress of ¥425 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 China Resources Microelectronics and its competitors. China Resources Microelectronics's current Construction In Progress is ¥425 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, China Resources Microelectronics (SHSE:688396) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥56.03, compared to a current price of ¥87.38 — trading 56% above its estimated fair value. The current Construction In Progress is ¥425 Mil. China Resources Microelectronics' overall GF Score™ is 85/100 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 China Resources Microelectronics (SHSE:688396), the current Construction In Progress is ¥425 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 China Resources Microelectronics (SHSE:688396) Overvalued in 2026?

Based on GuruFocus' analysis, China Resources Microelectronics stock appears to be overvalued. The current stock price of ¥87.38 is trading 56% above its estimated GF Value™ of ¥56.03. GuruFocus considers China Resources Microelectronics to be Significantly Overvalued.

Key valuation signals for SHSE:688396:

  • Construction In Progress: ¥425 Mil
  • GF Value™: ¥56.03 vs. price of ¥87.38 (56% above fair value)
  • GF Score™: 85/100 with 10 warning signs

No single metric tells the full story. See the SHSE:688396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Resources Microelectronics Business Description

Address No. 14, Liangxi Road, No. 12, Lane 299, Wenshui Road, Jiangsu Province, Wuxi City, Zhihuiyuan, Shibei District, Jing'an District, Shanghai, CHN, 214061
China Resources Microelectronics Ltd is engaged in designing, producing, and selling power semiconductors, smart sensors and smart control products, as well as providing open wafer manufacturing, packaging and testing, and other manufacturing services.
85GF Score

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

¥87.38
Price
¥56.03
GF Value