Luster LightTech Co (SHSE:688400) Construction In Progress: ¥275 Mil (As of Mar. 2026)

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SHSE:688400 Luster LightTech Co Ltd SHSE:688400
82 GF Score
Price ¥41.91
GF Value ¥36.09
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Luster LightTech Co Construction In Progress?

Luster LightTech Co SHSE:688400 -4.16% 82 Construction In Progress is ¥275 Mil as of Mar. 2026. GuruFocus rates SHSE:688400 with a GF Score™ of 82/100 and a GF Value™ of ¥36.09 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Luster LightTech Co's quarterly construction in progress increased from Sep. 2025 (¥228 Mil) to Dec. 2025 (¥281 Mil) but then declined from Dec. 2025 (¥281 Mil) to Mar. 2026 (¥275 Mil).

Luster LightTech Co's annual construction in progress increased from Dec. 2023 (¥48 Mil) to Dec. 2024 (¥232 Mil) and increased from Dec. 2024 (¥232 Mil) to Dec. 2025 (¥281 Mil).

Luster LightTech Co Construction In Progress Historical Data

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The historical data trend for Luster LightTech 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.

Luster LightTech Co Construction In Progress Chart

Luster LightTech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 86.71 1.15 47.64 232.05 281.45

Luster LightTech 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 256.14 301.57 227.57 281.45 274.61
SHSE:688400
82GF Score
Luster LightTech Co Ltd SHSE:688400
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Luster LightTech 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 ¥275 Mil mean?
Luster LightTech Co (SHSE:688400) has a Construction In Progress of ¥275 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Luster LightTech Co and its competitors.
Is Luster LightTech Co's Construction In Progress too high?
Luster LightTech Co's current Construction In Progress is ¥275 Mil. Overall, Luster LightTech Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luster LightTech Co's Construction In Progress compare to GEV and ETN?
Luster LightTech Co's Construction In Progress of ¥275 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 Luster LightTech Co and its competitors. Luster LightTech Co's current Construction In Progress is ¥275 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luster LightTech Co stock overvalued right now?
Based on GuruFocus' analysis, Luster LightTech Co (SHSE:688400) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥36.09, compared to a current price of ¥41.91 — trading 16.1% above its estimated fair value. The current Construction In Progress is ¥275 Mil. Luster LightTech Co's overall GF Score™ is 82/100 with 6 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 Luster LightTech Co (SHSE:688400), the current Construction In Progress is ¥275 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 Luster LightTech Co (SHSE:688400) Overvalued in 2026?

Based on GuruFocus' analysis, Luster LightTech Co stock appears to be overvalued. The current stock price of ¥41.91 is trading 16.1% above its estimated GF Value™ of ¥36.09. GuruFocus considers Luster LightTech Co to be Modestly Overvalued.

Key valuation signals for SHSE:688400:

  • Construction In Progress: ¥275 Mil
  • GF Value™: ¥36.09 vs. price of ¥41.91 (16.1% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Luster LightTech Co Business Description

Address Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094
Luster LightTech Co Ltd is based on optical technology innovation, and develops business around machine vision and fiber optics. The company has four product lines: intelligent equipment and smart factories, serving multiple fields such as consumer electronics, new energy, printing and packaging, and new display.
82GF Score

Get the complete analysis for SHSE:688400

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

¥41.91
Price
¥36.09
GF Value