Grandit Co (SHSE:688549) Construction In Progress: ¥563 Mil (As of Mar. 2026)


SHSE:688549 Grandit Co Ltd SHSE:688549
46 GF Score
Price ¥36.26
GF Value ¥8.83
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Grandit Co Construction In Progress?

Grandit Co SHSE:688549 -9.37% 46 Construction In Progress is ¥563 Mil as of Mar. 2026. GuruFocus rates SHSE:688549 with a GF Score™ of 46/100 and a GF Value™ of ¥8.83 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Grandit Co's quarterly construction in progress increased from Sep. 2025 (¥391 Mil) to Dec. 2025 (¥497 Mil) and increased from Dec. 2025 (¥497 Mil) to Mar. 2026 (¥563 Mil).

Grandit Co's annual construction in progress increased from Dec. 2023 (¥276 Mil) to Dec. 2024 (¥297 Mil) and increased from Dec. 2024 (¥297 Mil) to Dec. 2025 (¥497 Mil).

Grandit Co Construction In Progress Historical Data

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The historical data trend for Grandit 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.

Grandit Co Construction In Progress Chart

Grandit Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.00 327.08 275.65 296.76 497.24

Grandit Co Quarterly Data
Mar21 Jun21 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 234.22 286.68 391.29 497.24 562.83
SHSE:688549
46GF Score
Grandit Co Ltd SHSE:688549
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Grandit 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 ¥563 Mil mean?
Grandit Co (SHSE:688549) has a Construction In Progress of ¥563 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Grandit Co and its competitors.
Is Grandit Co's Construction In Progress too high?
Grandit Co's current Construction In Progress is ¥563 Mil. Overall, Grandit Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grandit Co's Construction In Progress compare to LIN and SHW?
Grandit Co's Construction In Progress of ¥563 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Grandit Co and its competitors. Grandit Co's current Construction In Progress is ¥563 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandit Co stock overvalued right now?
Based on GuruFocus' analysis, Grandit Co (SHSE:688549) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.83, compared to a current price of ¥36.26 — trading 310.6% above its estimated fair value. The current Construction In Progress is ¥563 Mil. Grandit Co's overall GF Score™ is 46/100 with 8 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 Grandit Co (SHSE:688549), the current Construction In Progress is ¥563 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 Grandit Co (SHSE:688549) Overvalued in 2026?

Based on GuruFocus' analysis, Grandit Co stock appears to be overvalued. The current stock price of ¥36.26 is trading 310.6% above its estimated GF Value™ of ¥8.83. GuruFocus considers Grandit Co to be Significantly Overvalued.

Key valuation signals for SHSE:688549:

  • Construction In Progress: ¥563 Mil
  • GF Value™: ¥8.83 vs. price of ¥36.26 (310.6% above fair value)
  • GF Score™: 46/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Grandit Co Business Description

Address Southeast Times City, Room 857, Building 3, Zhejiang, Quzhou, CHN, 324004
Grandit Co Ltd focuses on the research & development, production and sales of electronic chemical materials required by the semiconductor industry such as integrated circuits and display panels. The company's business has covered three major business segments: electronic wet chemicals, electronic specialty gases and precursor materials.
46GF Score

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

¥36.26
Price
¥8.83
GF Value