Thinking Electronic Industrial Co (TPE:2428) Construction In Progress: NT$79 Mil (As of Dec. 2025)


TPE:2428 Thinking Electronic Industrial Co Ltd TPE:2428
78 GF Score
Price NT$298.00
GF Value NT$175.41
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Thinking Electronic Industrial Co Construction In Progress?

Thinking Electronic Industrial Co TPE:2428 +0.51% 78 Construction In Progress is NT$79 Mil as of Dec. 2025. GuruFocus rates TPE:2428 with a GF Score™ of 78/100 and a GF Value™ of NT$175.41 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Thinking Electronic Industrial Co's quarterly construction in progress declined from Jun. 2025 (NT$105 Mil) to Sep. 2025 (NT$82 Mil) and declined from Sep. 2025 (NT$82 Mil) to Dec. 2025 (NT$79 Mil).

Thinking Electronic Industrial Co's annual construction in progress declined from Dec. 2023 (NT$142 Mil) to Dec. 2024 (NT$114 Mil) and declined from Dec. 2024 (NT$114 Mil) to Dec. 2025 (NT$79 Mil).

Thinking Electronic Industrial Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Thinking Electronic Industrial 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.

Thinking Electronic Industrial Co Construction In Progress Chart

Thinking Electronic Industrial 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 220.86 185.71 142.08 113.62 79.20

Thinking Electronic Industrial Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 113.62 107.72 104.92 82.03 79.20
TPE:2428
78GF Score
Thinking Electronic Industrial Co Ltd TPE:2428
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinking Electronic Industrial 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 NT$79 Mil mean?
Thinking Electronic Industrial Co (TPE:2428) has a Construction In Progress of NT$79 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Thinking Electronic Industrial Co and its competitors.
Is Thinking Electronic Industrial Co's Construction In Progress too high?
Thinking Electronic Industrial Co's current Construction In Progress is NT$79 Mil. Overall, Thinking Electronic Industrial Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's Construction In Progress compare to APH and GLW?
Thinking Electronic Industrial Co's Construction In Progress of NT$79 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 Thinking Electronic Industrial Co and its competitors. Thinking Electronic Industrial Co's current Construction In Progress is NT$79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$175.41, compared to a current price of NT$298.00 — trading 69.9% above its estimated fair value. The current Construction In Progress is NT$79 Mil. Thinking Electronic Industrial Co's overall GF Score™ is 78/100 with 8 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 Thinking Electronic Industrial Co (TPE:2428), the current Construction In Progress is NT$79 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued. The current stock price of NT$298.00 is trading 69.9% above its estimated GF Value™ of NT$175.41. GuruFocus considers Thinking Electronic Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:2428:

  • Construction In Progress: NT$79 Mil
  • GF Value™: NT$175.41 vs. price of NT$298.00 (69.9% above fair value)
  • GF Score™: 78/100 with 8 warning signs

No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thinking Electronic Industrial Co Business Description

Address Dashun 1st Road, No. 93, 8th Floor, Zuoying District, Kaohsiung, TWN
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
78GF Score

Get the complete analysis for TPE:2428

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

NT$298.00
Price
NT$175.41
GF Value