CETC Lantian Technology Co (SHSE:688818) Construction In Progress: ¥161 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688818 CETC Lantian Technology Co Ltd SHSE:688818
18 GF Score
Price ¥43.17
! 2 Warning Signs
View Full Analysis

What is CETC Lantian Technology Co Construction In Progress?

CETC Lantian Technology Co SHSE:688818 +4.40% 18 Construction In Progress is ¥161 Mil as of Mar. 2026. GuruFocus rates SHSE:688818 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review.

CETC Lantian Technology Co's quarterly construction in progress declined from Sep. 2025 (¥187 Mil) to Dec. 2025 (¥138 Mil) but then increased from Dec. 2025 (¥138 Mil) to Mar. 2026 (¥161 Mil).

CETC Lantian Technology Co's annual construction in progress increased from Dec. 2023 (¥39 Mil) to Dec. 2024 (¥60 Mil) and increased from Dec. 2024 (¥60 Mil) to Dec. 2025 (¥138 Mil).

CETC Lantian Technology Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for CETC Lantian 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.

CETC Lantian Technology Co Construction In Progress Chart

CETC Lantian Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Construction In Progress
417.51 38.89 59.63 138.08

CETC Lantian Technology Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial 0.00 79.43 187.27 138.08 161.22
SHSE:688818
18GF Score
CETC Lantian Technology Co Ltd SHSE:688818
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CETC Lantian 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 ¥161 Mil mean?
CETC Lantian Technology Co (SHSE:688818) has a Construction In Progress of ¥161 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on CETC Lantian Technology Co and its competitors.
Is CETC Lantian Technology Co's Construction In Progress too high?
CETC Lantian Technology Co's current Construction In Progress is ¥161 Mil. Overall, CETC Lantian Technology Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does CETC Lantian Technology Co's Construction In Progress compare to APH and GLW?
CETC Lantian Technology Co's Construction In Progress of ¥161 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Construction In Progress depends on the Hardware 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 CETC Lantian Technology Co and its competitors. CETC Lantian Technology Co's current Construction In Progress is ¥161 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Lantian Technology Co stock overvalued right now?
CETC Lantian Technology Co (SHSE:688818) has a current Construction In Progress of ¥161 Mil. The current Construction In Progress is ¥161 Mil. CETC Lantian Technology Co's overall GF Score™ is 18/100 with 2 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 CETC Lantian Technology Co (SHSE:688818), the current Construction In Progress is ¥161 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.

CETC Lantian Technology Co Business Description

Address No. 6, Huake Seventh Road, Binhai High-tech Industrial Development Zone, Tianjin, CHN, 300392
CETC Lantian Technology Co Ltd is mainly engaged in the research and development, production, sales, and services of electrical energy materials, products, and systems. Its business areas include physical power supplies, chemical power supplies, power supply systems, and other upstream and downstream products in the power supply chain.
18GF Score

Get the complete analysis for SHSE:688818

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

¥43.17
Price