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.
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.
Lingyi Itech (Guangdong) Co's quarterly construction in progress
declined
from Sep. 2025 (¥3,465 Mil) to Dec. 2025 (¥2,860 Mil) but then
increased
from Dec. 2025 (¥2,860 Mil) to Mar. 2026 (¥3,367 Mil).
Lingyi Itech (Guangdong) Co's annual construction in progress
increased
from Dec. 2023 (¥1,051 Mil) to Dec. 2024 (¥2,078 Mil) and
increased
from Dec. 2024 (¥2,078 Mil) to Dec. 2025 (¥2,860 Mil).
* 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.
Lingyi Itech (Guangdong) Co Construction In Progress Chart
Lingyi Itech (Guangdong) 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 ¥3,367 Mil mean?
Lingyi Itech (Guangdong) Co (SZSE:002600) has a Construction In Progress of ¥3,367 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Lingyi Itech (Guangdong) Co and its competitors.
Is Lingyi Itech (Guangdong) Co's Construction In Progress too high?
Lingyi Itech (Guangdong) Co's current Construction In Progress is ¥3,367 Mil. Overall, Lingyi Itech (Guangdong) Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lingyi Itech (Guangdong) Co's Construction In Progress compare to APH and GLW?
Lingyi Itech (Guangdong) Co's Construction In Progress of ¥3,367 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 Lingyi Itech (Guangdong) Co and its competitors. Lingyi Itech (Guangdong) Co's current Construction In Progress is ¥3,367 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyi Itech (Guangdong) Co stock overvalued right now?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co (SZSE:002600) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.55, compared to a current price of ¥12.20 — trading 15.6% above its estimated fair value. The current Construction In Progress is ¥3,367 Mil. Lingyi Itech (Guangdong) Co's overall GF Score™ is 88/100 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 Lingyi Itech (Guangdong) Co (SZSE:002600), the current Construction In Progress is ¥3,367 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 Lingyi Itech (Guangdong) Co (SZSE:002600) Overvalued in 2026?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co stock appears to be overvalued.
The current stock price of ¥12.20 is trading 15.6% above its estimated GF Value™ of ¥10.55.
GuruFocus considers Lingyi Itech (Guangdong) Co to be Modestly Overvalued.
Key valuation signals for SZSE:002600:
Construction In Progress: ¥3,367 Mil
GF Value™: ¥10.55 vs. price of ¥12.20 (15.6% above fair value)
No single metric tells the full story. See the SZSE:002600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lingyi Itech (Guangdong) Co Ltd is engaged in the manufacturing of precision functional components, structural modules, and intelligent assembly solutions for the consumer electronics, automotive, and energy storage industries. The company operates three segments. The AI Terminal segment covers AI-powered mobile phones, folding-screen devices, PCs, tablets, display solutions, battery systems, thermal management, AI glasses, XR wearables, sensors, robotics, and related hardware. The Automotive and Low-Altitude Economy segment includes battery structural parts, brake modules, lidar, electronic steering systems, and carbon fiber products. The Other segment focuses on clean energy and photovoltaic storage, including micro inverters, outdoor power solutions, and related products.
88GF Score
Get the complete analysis for SZSE:002600
Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SZSE:002600 has been successfully added to your 
