Wave Cyber (Shanghai) Co (SHSE:688718) Construction In Progress: ¥9.9 Mil (As of Mar. 2026)

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SHSE:688718 Wave Cyber (Shanghai) Co Ltd SHSE:688718
83 GF Score
Price ¥11.33
GF Value ¥15.03
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wave Cyber (Shanghai) Co Construction In Progress?

Wave Cyber (Shanghai) Co SHSE:688718 -9.14% 83 Construction In Progress is ¥9.9 Mil as of Mar. 2026. GuruFocus rates SHSE:688718 with a GF Score™ of 83/100 and a GF Value™ of ¥15.03 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Wave Cyber (Shanghai) Co's quarterly construction in progress declined from Sep. 2025 (¥86.9 Mil) to Dec. 2025 (¥73.8 Mil) and declined from Dec. 2025 (¥73.8 Mil) to Mar. 2026 (¥9.9 Mil).

Wave Cyber (Shanghai) Co's annual construction in progress increased from Dec. 2023 (¥49.0 Mil) to Dec. 2024 (¥86.3 Mil) but then declined from Dec. 2024 (¥86.3 Mil) to Dec. 2025 (¥73.8 Mil).

Wave Cyber (Shanghai) Co Construction In Progress Historical Data

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The historical data trend for Wave Cyber (Shanghai) 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.

Wave Cyber (Shanghai) Co Construction In Progress Chart

Wave Cyber (Shanghai) 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 134.03 142.80 49.00 86.33 73.81

Wave Cyber (Shanghai) 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 84.99 84.66 86.88 73.81 9.91
SHSE:688718
83GF Score
Wave Cyber (Shanghai) Co Ltd SHSE:688718
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Wave Cyber (Shanghai) 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 ¥9.9 Mil mean?
Wave Cyber (Shanghai) Co (SHSE:688718) has a Construction In Progress of ¥9.9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Wave Cyber (Shanghai) Co and its competitors.
Is Wave Cyber (Shanghai) Co's Construction In Progress too high?
Wave Cyber (Shanghai) Co's current Construction In Progress is ¥9.9 Mil. Overall, Wave Cyber (Shanghai) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wave Cyber (Shanghai) Co's Construction In Progress compare to WM and RSG?
Wave Cyber (Shanghai) Co's Construction In Progress of ¥9.9 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Construction In Progress depends on the Waste Management 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 Wave Cyber (Shanghai) Co and its competitors. Wave Cyber (Shanghai) Co's current Construction In Progress is ¥9.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Cyber (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co (SHSE:688718) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.03, compared to a current price of ¥11.33 — trading 24.6% below its estimated fair value. The current Construction In Progress is ¥9.9 Mil. Wave Cyber (Shanghai) Co's overall GF Score™ is 83/100 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 Wave Cyber (Shanghai) Co (SHSE:688718), the current Construction In Progress is ¥9.9 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 Wave Cyber (Shanghai) Co (SHSE:688718) Overvalued in 2026?

Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co stock appears to be undervalued. The current stock price of ¥11.33 is trading 24.6% below its estimated GF Value™ of ¥15.03. GuruFocus considers Wave Cyber (Shanghai) Co to be Modestly Undervalued.

Key valuation signals for SHSE:688718:

  • Construction In Progress: ¥9.9 Mil
  • GF Value™: ¥15.03 vs. price of ¥11.33 (24.6% below fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the SHSE:688718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wave Cyber (Shanghai) Co Business Description

Address 899 Songying Road, Qingpu District, Shanghai, CHN, 201703
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.
83GF Score

Get the complete analysis for SHSE:688718

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

¥11.33
Price
¥15.03
GF Value