Yang Ming Marine Transport (TPE:2609) Construction In Progress: NT$7,150 Mil (As of Dec. 2025)

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TPE:2609 Yang Ming Marine Transport Corp TPE:2609
70 GF Score
Price NT$50.20
GF Value NT$53.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Yang Ming Marine Transport Construction In Progress?

Yang Ming Marine Transport TPE:2609 70 Construction In Progress is NT$7,150 Mil as of Dec. 2025. GuruFocus rates TPE:2609 with a GF Score™ of 70/100 and a GF Value™ of NT$53.43 (Fairly Valued). The stock has 6 warning signs investors should review.

Yang Ming Marine Transport's quarterly construction in progress declined from Jun. 2025 (NT$4,940 Mil) to Sep. 2025 (NT$2,698 Mil) but then increased from Sep. 2025 (NT$2,698 Mil) to Dec. 2025 (NT$7,150 Mil).

Yang Ming Marine Transport's annual construction in progress declined from Dec. 2023 (NT$11,344 Mil) to Dec. 2024 (NT$9,070 Mil) and declined from Dec. 2024 (NT$9,070 Mil) to Dec. 2025 (NT$7,150 Mil).

Yang Ming Marine Transport Construction In Progress Historical Data

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The historical data trend for Yang 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.

Yang Ming Marine Transport Construction In Progress Chart

Yang 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 295.43 222.61 11,343.87 9,070.21 7,150.17

Yang 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 9,070.21 6,793.06 4,940.38 2,697.69 7,150.17
TPE:2609
70GF Score
Yang Ming Marine Transport Corp TPE:2609
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Yang 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$7,150 Mil mean?
Yang Ming Marine Transport (TPE:2609) has a Construction In Progress of NT$7,150 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Yang Ming Marine Transport and its competitors.
Is Yang Ming Marine Transport's Construction In Progress too high?
Yang Ming Marine Transport's current Construction In Progress is NT$7,150 Mil. Overall, Yang Ming Marine Transport has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yang Ming Marine Transport's Construction In Progress compare to competitors?
Yang Ming Marine Transport's Construction In Progress of NT$7,150 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 Yang Ming Marine Transport and its competitors. Yang Ming Marine Transport's current Construction In Progress is NT$7,150 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yang Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, Yang Ming Marine Transport (TPE:2609) is currently considered Fairly Valued. The stock's GF Value™ is NT$53.43, compared to a current price of NT$50.20 — trading 6% below its estimated fair value. The current Construction In Progress is NT$7,150 Mil. Yang Ming Marine Transport's overall GF Score™ is 70/100 with 6 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 Yang Ming Marine Transport (TPE:2609), the current Construction In Progress is NT$7,150 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 Yang Ming Marine Transport (TPE:2609) Overvalued in 2026?

Based on GuruFocus' analysis, Yang Ming Marine Transport stock appears to be undervalued. The current stock price of NT$50.20 is trading 6% below its estimated GF Value™ of NT$53.43. GuruFocus considers Yang Ming Marine Transport to be Fairly Valued.

Key valuation signals for TPE:2609:

  • Construction In Progress: NT$7,150 Mil
  • GF Value™: NT$53.43 vs. price of NT$50.20 (6% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the TPE:2609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yang Ming Marine Transport Business Description

Address Ming De 1st Road, No. 271, Qidu District, Keelung, TWN, 206006
Yang Ming Marine Transport Corp mainly engages in the shipping, repair, chartering, and sale and purchase of ships, containers, and chassis. Additionally, it operates as a shipping agency. The Group's reportable operating segments are: Containership, which generates maximum revenue, Bulk Shipping, and Other. These segments have been aggregated into a single operating segment. Geographically, the Group generates maximum revenue from Europe, followed by Asia, America, and its domestic market.
70GF Score

Get the complete analysis for TPE:2609

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

NT$50.20
Price
NT$53.43
GF Value