Xuchang KETOP Testing Research Institute Co (SZSE:003008) Construction In Progress: ¥14.3 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:003008 Xuchang KETOP Testing Research Institute Co Ltd SZSE:003008
76 GF Score
Price ¥19.45
GF Value ¥20.73
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Xuchang KETOP Testing Research Institute Co Construction In Progress?

Xuchang KETOP Testing Research Institute Co SZSE:003008 -0.21% 76 Construction In Progress is ¥14.3 Mil as of Jun. 2026. GuruFocus rates SZSE:003008 with a GF Score™ of 76/100 and a GF Value™ of ¥20.73 (Fairly Valued). The stock has 3 warning signs investors should review.

Xuchang KETOP Testing Research Institute Co's quarterly construction in progress increased from Dec. 2025 (¥4.6 Mil) to Mar. 2026 (¥8.4 Mil) and increased from Mar. 2026 (¥8.4 Mil) to Jun. 2026 (¥14.3 Mil).

Xuchang KETOP Testing Research Institute Co's annual construction in progress declined from Dec. 2023 (¥0.4 Mil) to Dec. 2024 (¥0.1 Mil) but then increased from Dec. 2024 (¥0.1 Mil) to Dec. 2025 (¥4.6 Mil).


Xuchang KETOP Testing Research Institute Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Xuchang KETOP Testing Research Institute 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.

Xuchang KETOP Testing Research Institute Co Construction In Progress Chart

Xuchang KETOP Testing Research Institute 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 142.96 7.51 0.37 0.09 4.65

Xuchang KETOP Testing Research Institute 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 0.26 2.90 4.65 8.44 14.28
SZSE:003008
76GF Score
Xuchang KETOP Testing Research Institute Co Ltd SZSE:003008
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xuchang KETOP Testing Research Institute 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 ¥14.3 Mil mean?
Xuchang KETOP Testing Research Institute Co (SZSE:003008) has a Construction In Progress of ¥14.3 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Xuchang KETOP Testing Research Institute Co and its competitors.
Is Xuchang KETOP Testing Research Institute Co's Construction In Progress too high?
Xuchang KETOP Testing Research Institute Co's current Construction In Progress is ¥14.3 Mil. Overall, Xuchang KETOP Testing Research Institute Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xuchang KETOP Testing Research Institute Co's Construction In Progress compare to CTAS and CPRT?
Xuchang KETOP Testing Research Institute Co's Construction In Progress of ¥14.3 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Construction In Progress depends on the Business Services 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 Xuchang KETOP Testing Research Institute Co and its competitors. Xuchang KETOP Testing Research Institute Co's current Construction In Progress is ¥14.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuchang KETOP Testing Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, Xuchang KETOP Testing Research Institute Co (SZSE:003008) is currently considered Fairly Valued. The stock's GF Value™ is ¥20.73, compared to a current price of ¥19.45 — trading 6.2% below its estimated fair value. The current Construction In Progress is ¥14.3 Mil. Xuchang KETOP Testing Research Institute Co's overall GF Score™ is 76/100 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 Xuchang KETOP Testing Research Institute Co (SZSE:003008), the current Construction In Progress is ¥14.3 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 Xuchang KETOP Testing Research Institute Co (SZSE:003008) Overvalued in 2026?

Based on GuruFocus' analysis, Xuchang KETOP Testing Research Institute Co stock appears to be undervalued. The current stock price of ¥19.45 is trading 6.2% below its estimated GF Value™ of ¥20.73. GuruFocus considers Xuchang KETOP Testing Research Institute Co to be Fairly Valued.

Key valuation signals for SZSE:003008:

  • Construction In Progress: ¥14.3 Mil
  • GF Value™: ¥20.73 vs. price of ¥19.45 (6.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the SZSE:003008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xuchang KETOP Testing Research Institute Co Business Description

Address No. 17 Shangde Road, Henan Province, Xuchang, CHN, 461000
Xuchang KETOP Testing Research Institute Co Ltd is engaged in the provision of power system secondary equipment testing services, other technical services, and testing equipment sales. The company provides measurement technology and test methods of power system secondary protection equipment, smart micro-grid devices, and Electric Vehicle Charging and Battery Swap System to provide an authoritative test scheme and service, guaranteeing the quality of products in the power system.
76GF Score

Get the complete analysis for SZSE:003008

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

¥19.45
Price
¥20.73
GF Value