Arctech Solar Holding Co (SHSE:688408) Construction In Progress: ¥75 Mil (As of Mar. 2026)

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SHSE:688408 Arctech Solar Holding Co Ltd SHSE:688408
76 GF Score
Price ¥24.44
GF Value ¥49.46
Valuation Possible Value Trap
! 9 Warning Signs
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What is Arctech Solar Holding Co Construction In Progress?

Arctech Solar Holding Co SHSE:688408 -1.05% 76 Construction In Progress is ¥75 Mil as of Mar. 2026. GuruFocus rates SHSE:688408 with a GF Score™ of 76/100 and a GF Value™ of ¥49.46 (Possible Value Trap). The stock has 9 warning signs investors should review.

Arctech Solar Holding Co's quarterly construction in progress declined from Sep. 2025 (¥183 Mil) to Dec. 2025 (¥64 Mil) but then increased from Dec. 2025 (¥64 Mil) to Mar. 2026 (¥75 Mil).

Arctech Solar Holding Co's annual construction in progress declined from Dec. 2023 (¥131 Mil) to Dec. 2024 (¥83 Mil) and declined from Dec. 2024 (¥83 Mil) to Dec. 2025 (¥64 Mil).

Arctech Solar Holding Co Construction In Progress Historical Data

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The historical data trend for Arctech Solar Holding 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.

Arctech Solar Holding Co Construction In Progress Chart

Arctech Solar Holding 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 326.23 105.68 130.70 83.29 63.83

Arctech Solar Holding 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 134.60 106.99 183.41 63.83 75.28
SHSE:688408
76GF Score
Arctech Solar Holding Co Ltd SHSE:688408
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Arctech Solar Holding 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 ¥75 Mil mean?
Arctech Solar Holding Co (SHSE:688408) has a Construction In Progress of ¥75 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Arctech Solar Holding Co and its competitors.
Is Arctech Solar Holding Co's Construction In Progress too high?
Arctech Solar Holding Co's current Construction In Progress is ¥75 Mil. Overall, Arctech Solar Holding Co has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctech Solar Holding Co's Construction In Progress compare to FSLR and NXT?
Arctech Solar Holding Co's Construction In Progress of ¥75 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 Arctech Solar Holding Co and its competitors. Arctech Solar Holding Co's current Construction In Progress is ¥75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctech Solar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Arctech Solar Holding Co (SHSE:688408) is currently considered Possible Value Trap. The stock's GF Value™ is ¥49.46, compared to a current price of ¥24.44 — trading 50.6% below its estimated fair value. The current Construction In Progress is ¥75 Mil. Arctech Solar Holding Co's overall GF Score™ is 76/100 with 9 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 Arctech Solar Holding Co (SHSE:688408), the current Construction In Progress is ¥75 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 Arctech Solar Holding Co (SHSE:688408) Overvalued in 2026?

Based on GuruFocus' analysis, Arctech Solar Holding Co stock appears to be undervalued. The current stock price of ¥24.44 is trading 50.6% below its estimated GF Value™ of ¥49.46. GuruFocus considers Arctech Solar Holding Co to be Possible Value Trap.

Key valuation signals for SHSE:688408:

  • Construction In Progress: ¥75 Mil
  • GF Value™: ¥49.46 vs. price of ¥24.44 (50.6% below fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Arctech Solar Holding Co Business Description

Address 2388 Huangpujiang Middle Road, Lujia Town, Jiangsu Province, Kunshan, CHN, 215331
Arctech Solar Holding Co Ltd is engaged in design, production and sales of photovoltaic brackets. The company manufacturers and provides solutions for solar tracking and racking systems for utilities, commercial, industrial and residential projects. Its products under Tracker include Skyline Tracking System; SkySmart Tracking System; Arctracker Pro with tilted modules; Tilt single axis tracker; and products under Mounting structure include Seasonal Tilt; Dual Pole Solutions; and Single Pole Solutions.
76GF Score

Get the complete analysis for SHSE:688408

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

¥24.44
Price
¥49.46
GF Value