Hefei Meyer Optoelectronic Technology (SZSE:002690) Construction In Progress: ¥56 Mil (As of Jun. 2026)

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SZSE:002690 Hefei Meyer Optoelectronic Technology Inc SZSE:002690
99 GF Score
Price ¥15.50
GF Value ¥18.58
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hefei Meyer Optoelectronic Technology Construction In Progress?

Hefei Meyer Optoelectronic Technology SZSE:002690 +0.65% 99 Construction In Progress is ¥56 Mil as of Jun. 2026. GuruFocus rates SZSE:002690 with a GF Score™ of 99/100 and a GF Value™ of ¥18.58 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Hefei Meyer Optoelectronic Technology's quarterly construction in progress declined from Dec. 2025 (¥24 Mil) to Mar. 2026 (¥0 Mil) but then increased from Mar. 2026 (¥0 Mil) to Jun. 2026 (¥56 Mil).

Hefei Meyer Optoelectronic Technology's annual construction in progress increased from Dec. 2023 (¥6 Mil) to Dec. 2024 (¥8 Mil) and increased from Dec. 2024 (¥8 Mil) to Dec. 2025 (¥24 Mil).

Hefei Meyer Optoelectronic Technology Construction In Progress Historical Data

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The historical data trend for Hefei Meyer Optoelectronic Technology'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.

Hefei Meyer Optoelectronic Technology Construction In Progress Chart

Hefei Meyer Optoelectronic Technology 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 101.08 32.41 5.88 8.40 24.11

Hefei Meyer Optoelectronic Technology 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 14.07 0.00 24.11 0.00 56.05
SZSE:002690
99GF Score
Hefei Meyer Optoelectronic Technology Inc SZSE:002690
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Hefei Meyer Optoelectronic Technology 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 ¥56 Mil mean?
Hefei Meyer Optoelectronic Technology (SZSE:002690) has a Construction In Progress of ¥56 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hefei Meyer Optoelectronic Technology and its competitors.
Is Hefei Meyer Optoelectronic Technology's Construction In Progress too high?
Hefei Meyer Optoelectronic Technology's current Construction In Progress is ¥56 Mil. Overall, Hefei Meyer Optoelectronic Technology has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hefei Meyer Optoelectronic Technology's Construction In Progress compare to GEV and ETN?
Hefei Meyer Optoelectronic Technology's Construction In Progress of ¥56 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Hefei Meyer Optoelectronic Technology and its competitors. Hefei Meyer Optoelectronic Technology's current Construction In Progress is ¥56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Meyer Optoelectronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Hefei Meyer Optoelectronic Technology (SZSE:002690) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.58, compared to a current price of ¥15.50 — trading 16.6% below its estimated fair value. The current Construction In Progress is ¥56 Mil. Hefei Meyer Optoelectronic Technology's overall GF Score™ is 99/100 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 Hefei Meyer Optoelectronic Technology (SZSE:002690), the current Construction In Progress is ¥56 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 Hefei Meyer Optoelectronic Technology (SZSE:002690) Overvalued in 2026?

Based on GuruFocus' analysis, Hefei Meyer Optoelectronic Technology stock appears to be undervalued. The current stock price of ¥15.50 is trading 16.6% below its estimated GF Value™ of ¥18.58. GuruFocus considers Hefei Meyer Optoelectronic Technology to be Modestly Undervalued.

Key valuation signals for SZSE:002690:

  • Construction In Progress: ¥56 Mil
  • GF Value™: ¥18.58 vs. price of ¥15.50 (16.6% below fair value)
  • GF Score™: 99/100 with 2 warning signs

No single metric tells the full story. See the SZSE:002690 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hefei Meyer Optoelectronic Technology Business Description

Address No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.
99GF Score

Get the complete analysis for SZSE:002690

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

¥15.50
Price
¥18.58
GF Value