Foshan Nationstar Optoelectronics Co (SZSE:002449) Construction In Progress: ¥168 Mil (As of Jun. 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.

SZSE:002449 Foshan Nationstar Optoelectronics Co Ltd SZSE:002449
66 GF Score
Price ¥6.61
GF Value ¥7.26
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Foshan Nationstar Optoelectronics Co Construction In Progress?

Foshan Nationstar Optoelectronics Co SZSE:002449 +1.54% 66 Construction In Progress is ¥168 Mil as of Jun. 2026. GuruFocus rates SZSE:002449 with a GF Score™ of 66/100 and a GF Value™ of ¥7.26 (Fairly Valued). The stock has 4 warning signs investors should review.

Foshan Nationstar Optoelectronics Co's quarterly construction in progress declined from Dec. 2025 (¥180 Mil) to Mar. 2026 (¥166 Mil) but then increased from Mar. 2026 (¥166 Mil) to Jun. 2026 (¥168 Mil).

Foshan Nationstar Optoelectronics Co's annual construction in progress declined from Dec. 2023 (¥493 Mil) to Dec. 2024 (¥228 Mil) and declined from Dec. 2024 (¥228 Mil) to Dec. 2025 (¥180 Mil).

Foshan Nationstar Optoelectronics Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Foshan Nationstar Optoelectronics 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.

Foshan Nationstar Optoelectronics Co Construction In Progress Chart

Foshan Nationstar Optoelectronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 356.97 447.20 493.06 228.30 180.02

Foshan Nationstar Optoelectronics Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 260.35 166.86 180.02 166.21 167.68
SZSE:002449
66GF Score
Foshan Nationstar Optoelectronics Co Ltd SZSE:002449
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foshan Nationstar Optoelectronics 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 ¥168 Mil mean?
Foshan Nationstar Optoelectronics Co (SZSE:002449) has a Construction In Progress of ¥168 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Foshan Nationstar Optoelectronics Co and its competitors.
Is Foshan Nationstar Optoelectronics Co's Construction In Progress too high?
Foshan Nationstar Optoelectronics Co's current Construction In Progress is ¥168 Mil. Overall, Foshan Nationstar Optoelectronics Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Foshan Nationstar Optoelectronics Co's Construction In Progress compare to APH and GLW?
Foshan Nationstar Optoelectronics Co's Construction In Progress of ¥168 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 Foshan Nationstar Optoelectronics Co and its competitors. Foshan Nationstar Optoelectronics Co's current Construction In Progress is ¥168 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foshan Nationstar Optoelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Foshan Nationstar Optoelectronics Co (SZSE:002449) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.26, compared to a current price of ¥6.61 — trading 9% below its estimated fair value. The current Construction In Progress is ¥168 Mil. Foshan Nationstar Optoelectronics Co's overall GF Score™ is 66/100 with 4 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 Foshan Nationstar Optoelectronics Co (SZSE:002449), the current Construction In Progress is ¥168 Mil as of Jun. 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 Foshan Nationstar Optoelectronics Co (SZSE:002449) Overvalued in 2026?

Based on GuruFocus' analysis, Foshan Nationstar Optoelectronics Co stock appears to be undervalued. The current stock price of ¥6.61 is trading 9% below its estimated GF Value™ of ¥7.26. GuruFocus considers Foshan Nationstar Optoelectronics Co to be Fairly Valued.

Key valuation signals for SZSE:002449:

  • Construction In Progress: ¥168 Mil
  • GF Value™: ¥7.26 vs. price of ¥6.61 (9% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the SZSE:002449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Foshan Nationstar Optoelectronics Co Business Description

Address NO.18 South Hua Bao Road, Chan Cheng District, FoShan, GuangDong, CHN, 528000
Foshan Nationstar Optoelectronics Co Ltd is a China-based company. It manufactures and sells LED and LED applied products. The company offers LED packaging technology and devices, including high-speed die bonding, wire bonding, precise color testing and bin-sorting machines, etc., as well as full-color LEDs for indoor and outdoor displays; and components for lighting, such as flip-chips, chip-on-board, and CSPs for a range of applications comprising illuminaires.
66GF Score

Get the complete analysis for SZSE:002449

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

¥6.61
Price
¥7.26
GF Value