Taiwan Navigation Co (TPE:2617) Construction In Progress: NT$699 Mil (As of Dec. 2025)


TPE:2617 Taiwan Navigation Co Ltd TPE:2617
89 GF Score
Price NT$29.70
GF Value NT$33.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Taiwan Navigation Co Construction In Progress?

Taiwan Navigation Co TPE:2617 +0.85% 89 Construction In Progress is NT$699 Mil as of Dec. 2025. GuruFocus rates TPE:2617 with a GF Score™ of 89/100 and a GF Value™ of NT$33.37 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Taiwan Navigation Co's quarterly construction in progress increased from Jun. 2025 (NT$632 Mil) to Sep. 2025 (NT$665 Mil) and increased from Sep. 2025 (NT$665 Mil) to Dec. 2025 (NT$699 Mil).

Taiwan Navigation Co's annual construction in progress declined from Dec. 2023 (NT$1,182 Mil) to Dec. 2024 (NT$224 Mil) but then increased from Dec. 2024 (NT$224 Mil) to Dec. 2025 (NT$699 Mil).

Taiwan Navigation Co Construction In Progress Historical Data

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The historical data trend for Taiwan Navigation 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.

Taiwan Navigation Co Construction In Progress Chart

Taiwan Navigation 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 1,805.21 2,081.76 1,182.49 223.54 698.65

Taiwan Navigation 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 223.54 706.80 631.84 664.51 698.65
TPE:2617
89GF Score
Taiwan Navigation Co Ltd TPE:2617
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Navigation 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$699 Mil mean?
Taiwan Navigation Co (TPE:2617) has a Construction In Progress of NT$699 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Taiwan Navigation Co and its competitors.
Is Taiwan Navigation Co's Construction In Progress too high?
Taiwan Navigation Co's current Construction In Progress is NT$699 Mil. Overall, Taiwan Navigation Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Construction In Progress compare to competitors?
Taiwan Navigation Co's Construction In Progress of NT$699 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 Taiwan Navigation Co and its competitors. Taiwan Navigation Co's current Construction In Progress is NT$699 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.37, compared to a current price of NT$29.70 — trading 11% below its estimated fair value. The current Construction In Progress is NT$699 Mil. Taiwan Navigation Co's overall GF Score™ is 89/100 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 Taiwan Navigation Co (TPE:2617), the current Construction In Progress is NT$699 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued. The current stock price of NT$29.70 is trading 11% below its estimated GF Value™ of NT$33.37. GuruFocus considers Taiwan Navigation Co to be Modestly Undervalued.

Key valuation signals for TPE:2617:

  • Construction In Progress: NT$699 Mil
  • GF Value™: NT$33.37 vs. price of NT$29.70 (11% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Taiwan Navigation Co Business Description

Address Jinan Road, No. 29, Section 2, 2-6 Floor, Zhongzheng District, Taipei, TWN, 100023
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
89GF Score

Get the complete analysis for TPE:2617

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

NT$29.70
Price
NT$33.37
GF Value