Careray Digital Medical Technology Co (SHSE:688607) Construction In Progress: ¥0.8 Mil (As of Mar. 2026)


SHSE:688607 Careray Digital Medical Technology Co Ltd SHSE:688607
65 GF Score
Price ¥49.47
GF Value ¥29.56
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Careray Digital Medical Technology Co Construction In Progress?

Careray Digital Medical Technology Co SHSE:688607 -1.88% 65 Construction In Progress is ¥0.8 Mil as of Mar. 2026. GuruFocus rates SHSE:688607 with a GF Score™ of 65/100 and a GF Value™ of ¥29.56 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Careray Digital Medical Technology Co's quarterly construction in progress declined from Sep. 2025 (¥188.4 Mil) to Dec. 2025 (¥0.0 Mil) but then increased from Dec. 2025 (¥0.0 Mil) to Mar. 2026 (¥0.8 Mil).

Careray Digital Medical Technology Co's annual construction in progress increased from Dec. 2023 (¥86.5 Mil) to Dec. 2024 (¥166.3 Mil) but then declined from Dec. 2024 (¥166.3 Mil) to Dec. 2025 (¥0.0 Mil).

Careray Digital Medical Technology Co Construction In Progress Historical Data

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The historical data trend for Careray Digital Medical Technology 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.

Careray Digital Medical Technology Co Construction In Progress Chart

Careray Digital Medical Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 4.41 31.02 86.47 166.31 0.00

Careray Digital Medical Technology 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 175.07 183.25 188.38 0.00 0.83
SHSE:688607
65GF Score
Careray Digital Medical Technology Co Ltd SHSE:688607
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Careray Digital Medical Technology 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 ¥0.8 Mil mean?
Careray Digital Medical Technology Co (SHSE:688607) has a Construction In Progress of ¥0.8 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Careray Digital Medical Technology Co and its competitors.
Is Careray Digital Medical Technology Co's Construction In Progress too high?
Careray Digital Medical Technology Co's current Construction In Progress is ¥0.8 Mil. Overall, Careray Digital Medical Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Careray Digital Medical Technology Co's Construction In Progress compare to ABT and SYK?
Careray Digital Medical Technology Co's Construction In Progress of ¥0.8 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Construction In Progress depends on the Medical Devices & Instruments 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 Careray Digital Medical Technology Co and its competitors. Careray Digital Medical Technology Co's current Construction In Progress is ¥0.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Careray Digital Medical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Careray Digital Medical Technology Co (SHSE:688607) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥29.56, compared to a current price of ¥49.47 — trading 67.4% above its estimated fair value. The current Construction In Progress is ¥0.8 Mil. Careray Digital Medical Technology Co's overall GF Score™ is 65/100 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 Careray Digital Medical Technology Co (SHSE:688607), the current Construction In Progress is ¥0.8 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 Careray Digital Medical Technology Co (SHSE:688607) Overvalued in 2026?

Based on GuruFocus' analysis, Careray Digital Medical Technology Co stock appears to be overvalued. The current stock price of ¥49.47 is trading 67.4% above its estimated GF Value™ of ¥29.56. GuruFocus considers Careray Digital Medical Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688607:

  • Construction In Progress: ¥0.8 Mil
  • GF Value™: ¥29.56 vs. price of ¥49.47 (67.4% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688607 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Careray Digital Medical Technology Co Business Description

Address No. 218 Xinghu Street, Room 501, Building A2 and B3, Bio-Nano Park, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215123
Careray Digital Medical Technology Co Ltd is engaged in the development and production of digital X-ray flat panel detectors, which are widely used in medical, pet, security, and industrial imaging diagnostic products. The product portfolio includes radiography, mammography, fluoroscopy, dental products, and other accessories.
65GF Score

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

¥49.47
Price
¥29.56
GF Value