U-Ming Marine Transport (TPE:2606) Construction In Progress: NT$3,348 Mil (As of Dec. 2025)


TPE:2606 U-Ming Marine Transport Corp TPE:2606
89 GF Score
Price NT$60.00
GF Value NT$59.36
Valuation Fairly Valued
! 8 Warning Signs
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What is U-Ming Marine Transport Construction In Progress?

U-Ming Marine Transport TPE:2606 +0.84% 89 Construction In Progress is NT$3,348 Mil as of Dec. 2025. GuruFocus rates TPE:2606 with a GF Score™ of 89/100 and a GF Value™ of NT$59.36 (Fairly Valued). The stock has 8 warning signs investors should review.

U-Ming Marine Transport's quarterly construction in progress increased from Jun. 2025 (NT$3,033 Mil) to Sep. 2025 (NT$3,238 Mil) and increased from Sep. 2025 (NT$3,238 Mil) to Dec. 2025 (NT$3,348 Mil).

U-Ming Marine Transport's annual construction in progress declined from Dec. 2023 (NT$1,860 Mil) to Dec. 2024 (NT$1,654 Mil) but then increased from Dec. 2024 (NT$1,654 Mil) to Dec. 2025 (NT$3,348 Mil).

U-Ming Marine Transport Construction In Progress Historical Data

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The historical data trend for U-Ming Marine Transport'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.

U-Ming Marine Transport Construction In Progress Chart

U-Ming Marine Transport 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 3,048.53 9,137.93 1,859.56 1,654.27 3,348.01

U-Ming Marine Transport 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 1,654.27 3,541.26 3,032.86 3,237.90 3,348.01
TPE:2606
89GF Score
U-Ming Marine Transport Corp TPE:2606
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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U-Ming Marine Transport 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$3,348 Mil mean?
U-Ming Marine Transport (TPE:2606) has a Construction In Progress of NT$3,348 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on U-Ming Marine Transport and its competitors.
Is U-Ming Marine Transport's Construction In Progress too high?
U-Ming Marine Transport's current Construction In Progress is NT$3,348 Mil. Overall, U-Ming Marine Transport has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does U-Ming Marine Transport's Construction In Progress compare to competitors?
U-Ming Marine Transport's Construction In Progress of NT$3,348 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Construction In Progress depends on the Transportation 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 U-Ming Marine Transport and its competitors. U-Ming Marine Transport's current Construction In Progress is NT$3,348 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, U-Ming Marine Transport (TPE:2606) is currently considered Fairly Valued. The stock's GF Value™ is NT$59.36, compared to a current price of NT$60.00 — trading 1.1% above its estimated fair value. The current Construction In Progress is NT$3,348 Mil. U-Ming Marine Transport's overall GF Score™ is 89/100 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 U-Ming Marine Transport (TPE:2606), the current Construction In Progress is NT$3,348 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 U-Ming Marine Transport (TPE:2606) Overvalued in 2026?

Based on GuruFocus' analysis, U-Ming Marine Transport stock appears to be overvalued. The current stock price of NT$60.00 is trading 1.1% above its estimated GF Value™ of NT$59.36. GuruFocus considers U-Ming Marine Transport to be Fairly Valued.

Key valuation signals for TPE:2606:

  • Construction In Progress: NT$3,348 Mil
  • GF Value™: NT$59.36 vs. price of NT$60.00 (1.1% above fair value)
  • GF Score™: 89/100 with 8 warning signs

No single metric tells the full story. See the TPE:2606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

U-Ming Marine Transport Business Description

Address No. 207, Section 2, Tun Hwa South Road, 29th Floor, Taipei, TWN, 106
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.
89GF Score

Get the complete analysis for TPE:2606

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

NT$60.00
Price
NT$59.36
GF Value