Shenzhen Newway Photomask Making Co (SHSE:688401) Construction In Progress: ¥146 Mil (As of Mar. 2026)

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SHSE:688401 Shenzhen Newway Photomask Making Co Ltd SHSE:688401
82 GF Score
Price ¥68.65
GF Value ¥53.78
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Shenzhen Newway Photomask Making Co Construction In Progress?

Shenzhen Newway Photomask Making Co SHSE:688401 +15.77% 82 Construction In Progress is ¥146 Mil as of Mar. 2026. GuruFocus rates SHSE:688401 with a GF Score™ of 82/100 and a GF Value™ of ¥53.78 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Shenzhen Newway Photomask Making Co's quarterly construction in progress increased from Sep. 2025 (¥95 Mil) to Dec. 2025 (¥162 Mil) but then declined from Dec. 2025 (¥162 Mil) to Mar. 2026 (¥146 Mil).

Shenzhen Newway Photomask Making Co's annual construction in progress declined from Dec. 2023 (¥211 Mil) to Dec. 2024 (¥79 Mil) but then increased from Dec. 2024 (¥79 Mil) to Dec. 2025 (¥162 Mil).

Shenzhen Newway Photomask Making Co Construction In Progress Historical Data

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The historical data trend for Shenzhen Newway Photomask Making 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.

Shenzhen Newway Photomask Making Co Construction In Progress Chart

Shenzhen Newway Photomask Making 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 19.11 2.00 210.79 78.87 161.53

Shenzhen Newway Photomask Making 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 73.55 159.63 95.10 161.53 146.22
SHSE:688401
82GF Score
Shenzhen Newway Photomask Making Co Ltd SHSE:688401
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Newway Photomask Making 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 ¥146 Mil mean?
Shenzhen Newway Photomask Making Co (SHSE:688401) has a Construction In Progress of ¥146 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shenzhen Newway Photomask Making Co and its competitors.
Is Shenzhen Newway Photomask Making Co's Construction In Progress too high?
Shenzhen Newway Photomask Making Co's current Construction In Progress is ¥146 Mil. Overall, Shenzhen Newway Photomask Making 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 Shenzhen Newway Photomask Making Co's Construction In Progress compare to AMAT and LRCX?
Shenzhen Newway Photomask Making Co's Construction In Progress of ¥146 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 Shenzhen Newway Photomask Making Co and its competitors. Shenzhen Newway Photomask Making Co's current Construction In Progress is ¥146 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Newway Photomask Making Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co (SHSE:688401) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥53.78, compared to a current price of ¥68.65 — trading 27.6% above its estimated fair value. The current Construction In Progress is ¥146 Mil. Shenzhen Newway Photomask Making Co's overall GF Score™ is 82/100 with 3 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 Shenzhen Newway Photomask Making Co (SHSE:688401), the current Construction In Progress is ¥146 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 Shenzhen Newway Photomask Making Co (SHSE:688401) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Newway Photomask Making Co stock appears to be overvalued. The current stock price of ¥68.65 is trading 27.6% above its estimated GF Value™ of ¥53.78. GuruFocus considers Shenzhen Newway Photomask Making Co to be Modestly Overvalued.

Key valuation signals for SHSE:688401:

  • Construction In Progress: ¥146 Mil
  • GF Value™: ¥53.78 vs. price of ¥68.65 (27.6% above fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the SHSE:688401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen Newway Photomask Making Co Business Description

Address No. 16, Langshan Road, oom 102, Block D, Office Building, Huahan Innovation Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Newway Photomask Making Co Ltd is engage research and development, production and sales of photomasks used in industries such as integrated circuits and displays; research and development, production and sales of photomask materials; technology development and sales of electronic products and software; research and development, production and sales of electronic equipment; engage in the import and export of goods and technology (excluding distribution and state-monopolized and controlled commodities).
82GF Score

Get the complete analysis for SHSE:688401

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

¥68.65
Price
¥53.78
GF Value