TNPOF (Ten Pao Group Holdings) Construction In Progress: $27.4 Mil (As of Dec. 2025)

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.

TNPOF Ten Pao Group Holdings Ltd TNPOF
79 GF Score
Price $0.11
GF Value $0.11
! 4 Warning Signs
View Full Analysis

What is Ten Pao Group Holdings Construction In Progress?

Ten Pao Group Holdings TNPOF 79 Construction In Progress is $27.4 Mil as of Dec. 2025. GuruFocus rates TNPOF with a GF Score™ of 79/100 and a GF Value™ of $0.11. The stock has 4 warning signs investors should review.

Ten Pao Group Holdings's quarterly construction in progress declined from Dec. 2024 ($45.2 Mil) to Jun. 2025 ($1.7 Mil) but then increased from Jun. 2025 ($1.7 Mil) to Dec. 2025 ($27.4 Mil).

Ten Pao Group Holdings's annual construction in progress declined from Dec. 2023 ($65.2 Mil) to Dec. 2024 ($45.2 Mil) and declined from Dec. 2024 ($45.2 Mil) to Dec. 2025 ($27.4 Mil).


Ten Pao Group Holdings Construction In Progress Historical Data

* Premium members only.

The historical data trend for Ten Pao Group Holdings'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.

Ten Pao Group Holdings Construction In Progress Chart

Ten Pao Group Holdings 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 43.22 41.44 65.20 45.25 27.44

Ten Pao Group Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 65.20 1.20 45.25 1.66 27.44
TNPOF
79GF Score
Ten Pao Group Holdings Ltd TNPOF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ten Pao Group Holdings 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 $27.4 Mil mean?
Ten Pao Group Holdings (TNPOF) has a Construction In Progress of $27.4 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Ten Pao Group Holdings and its competitors.
Is Ten Pao Group Holdings' Construction In Progress too high?
Ten Pao Group Holdings' current Construction In Progress is $27.4 Mil. Overall, Ten Pao Group Holdings has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ten Pao Group Holdings' Construction In Progress compare to VRT and BE?
Ten Pao Group Holdings' Construction In Progress of $27.4 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 Ten Pao Group Holdings and its competitors. Ten Pao Group Holdings's current Construction In Progress is $27.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Pao Group Holdings stock overvalued right now?
Ten Pao Group Holdings (TNPOF) has a current Construction In Progress of $27.4 Mil. The stock's GF Value™ is $0.11, compared to a current price of $0.11 — trading 1.8% above its estimated fair value. The current Construction In Progress is $27.4 Mil. Ten Pao Group Holdings' overall GF Score™ is 79/100 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 Ten Pao Group Holdings (TNPOF), the current Construction In Progress is $27.4 Mil as of Dec. 2025. 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 Ten Pao Group Holdings (TNPOF) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Pao Group Holdings stock appears to be overvalued. The current stock price of $0.11 is trading 1.8% above its estimated GF Value™ of $0.11.

Key valuation signals for TNPOF:

  • Construction In Progress: $27.4 Mil
  • GF Value™: $0.11 vs. price of $0.11 (1.8% above fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Ten Pao Group Holdings Business Description

Other Exchanges 01979:Hong Kong
Address 151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are Telecommunication, Media and Entertainment, Lighting, Smart chargers and controllers, New Energy Business, and others. Some of its products are USB chargers, wireless chargers, adapters, open-frame power supplies, LED drivers, smart chargers and controllers, and power savers. Geographically, the group has a business presence in the PRC (excluding Hong Kong), Europe, Asia, the U.S., Africa, and Other regions, of which prime revenue is derived from the PRC (excluding Hong Kong).
79GF Score

Get the complete analysis for TNPOF

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

$0.11
Price
$0.11
GF Value