Nanjing CIGU Technology (SHSE:688448) Construction In Progress: ¥13.9 Mil (As of Mar. 2026)

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SHSE:688448 Nanjing CIGU Technology Corp Ltd SHSE:688448
68 GF Score
Price ¥50.32
GF Value ¥25.28
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nanjing CIGU Technology Construction In Progress?

Nanjing CIGU Technology SHSE:688448 -5.57% 68 Construction In Progress is ¥13.9 Mil as of Mar. 2026. GuruFocus rates SHSE:688448 with a GF Score™ of 68/100 and a GF Value™ of ¥25.28 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Nanjing CIGU Technology's quarterly construction in progress declined from Sep. 2025 (¥64.0 Mil) to Dec. 2025 (¥11.5 Mil) but then increased from Dec. 2025 (¥11.5 Mil) to Mar. 2026 (¥13.9 Mil).

Nanjing CIGU Technology's annual construction in progress increased from Dec. 2023 (¥97.6 Mil) to Dec. 2024 (¥157.4 Mil) but then declined from Dec. 2024 (¥157.4 Mil) to Dec. 2025 (¥11.5 Mil).

Nanjing CIGU Technology Construction In Progress Historical Data

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The historical data trend for Nanjing CIGU Technology'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.

Nanjing CIGU Technology Construction In Progress Chart

Nanjing CIGU Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.43 0.76 97.57 157.39 11.51

Nanjing CIGU Technology 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 179.79 35.50 64.03 11.51 13.88
SHSE:688448
68GF Score
Nanjing CIGU Technology Corp Ltd SHSE:688448
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing CIGU Technology 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 ¥13.9 Mil mean?
Nanjing CIGU Technology (SHSE:688448) has a Construction In Progress of ¥13.9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nanjing CIGU Technology and its competitors.
Is Nanjing CIGU Technology's Construction In Progress too high?
Nanjing CIGU Technology's current Construction In Progress is ¥13.9 Mil. Overall, Nanjing CIGU Technology has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing CIGU Technology's Construction In Progress compare to GEV and ETN?
Nanjing CIGU Technology's Construction In Progress of ¥13.9 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 Nanjing CIGU Technology and its competitors. Nanjing CIGU Technology's current Construction In Progress is ¥13.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing CIGU Technology stock overvalued right now?
Based on GuruFocus' analysis, Nanjing CIGU Technology (SHSE:688448) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥25.28, compared to a current price of ¥50.32 — trading 99.1% above its estimated fair value. The current Construction In Progress is ¥13.9 Mil. Nanjing CIGU Technology's overall GF Score™ is 68/100 with 5 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 Nanjing CIGU Technology (SHSE:688448), the current Construction In Progress is ¥13.9 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 Nanjing CIGU Technology (SHSE:688448) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing CIGU Technology stock appears to be overvalued. The current stock price of ¥50.32 is trading 99.1% above its estimated GF Value™ of ¥25.28. GuruFocus considers Nanjing CIGU Technology to be Significantly Overvalued.

Key valuation signals for SHSE:688448:

  • Construction In Progress: ¥13.9 Mil
  • GF Value™: ¥25.28 vs. price of ¥50.32 (99.1% above fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688448 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nanjing CIGU Technology Business Description

Address No. 99, Jinxin Middle Road, Jiangsu Province (Jiangning Development Zone), iangning District, Nanjing, CHN, 211000
Nanjing CIGU Technology Corp Ltd is engaged in the research and development, production, and sales of magnetic levitation fluid machinery and magnetic levitation bearings, high-speed motors, high-speed drives, and other core components.
68GF Score

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

¥50.32
Price
¥25.28
GF Value