Taiwan Surface Mounting Technology (TPE:6278) Construction In Progress: NT$319 Mil (As of Mar. 2026)

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.

TPE:6278 Taiwan Surface Mounting Technology Corp TPE:6278
76 GF Score
Price NT$168.00
GF Value NT$114.55
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Taiwan Surface Mounting Technology Construction In Progress?

Taiwan Surface Mounting Technology TPE:6278 +9.80% 76 Construction In Progress is NT$319 Mil as of Mar. 2026. GuruFocus rates TPE:6278 with a GF Score™ of 76/100 and a GF Value™ of NT$114.55 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Taiwan Surface Mounting Technology's quarterly construction in progress declined from Sep. 2025 (NT$675 Mil) to Dec. 2025 (NT$404 Mil) and declined from Dec. 2025 (NT$404 Mil) to Mar. 2026 (NT$319 Mil).

Taiwan Surface Mounting Technology's annual construction in progress increased from Dec. 2023 (NT$270 Mil) to Dec. 2024 (NT$688 Mil) but then declined from Dec. 2024 (NT$688 Mil) to Dec. 2025 (NT$404 Mil).

Taiwan Surface Mounting Technology Construction In Progress Historical Data

* Premium members only.

The historical data trend for Taiwan Surface Mounting Technology'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 Surface Mounting Technology Construction In Progress Chart

Taiwan Surface Mounting Technology 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 2,221.14 304.75 270.22 687.72 404.50

Taiwan Surface Mounting Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 349.17 487.97 675.02 404.50 319.14
TPE:6278
76GF Score
Taiwan Surface Mounting Technology Corp TPE:6278
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Surface Mounting Technology 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$319 Mil mean?
Taiwan Surface Mounting Technology (TPE:6278) has a Construction In Progress of NT$319 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Taiwan Surface Mounting Technology and its competitors.
Is Taiwan Surface Mounting Technology's Construction In Progress too high?
Taiwan Surface Mounting Technology's current Construction In Progress is NT$319 Mil. Overall, Taiwan Surface Mounting Technology has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Surface Mounting Technology's Construction In Progress compare to NVDA and AVGO?
Taiwan Surface Mounting Technology's Construction In Progress of NT$319 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 Surface Mounting Technology and its competitors. Taiwan Surface Mounting Technology's current Construction In Progress is NT$319 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Surface Mounting Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Surface Mounting Technology (TPE:6278) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$114.55, compared to a current price of NT$168.00 — trading 46.7% above its estimated fair value. The current Construction In Progress is NT$319 Mil. Taiwan Surface Mounting Technology's overall GF Score™ is 76/100 with 2 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 Surface Mounting Technology (TPE:6278), the current Construction In Progress is NT$319 Mil as of Mar. 2026. 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 Surface Mounting Technology (TPE:6278) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Surface Mounting Technology stock appears to be overvalued. The current stock price of NT$168.00 is trading 46.7% above its estimated GF Value™ of NT$114.55. GuruFocus considers Taiwan Surface Mounting Technology to be Significantly Overvalued.

Key valuation signals for TPE:6278:

  • Construction In Progress: NT$319 Mil
  • GF Value™: NT$114.55 vs. price of NT$168.00 (46.7% above fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the TPE:6278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Taiwan Surface Mounting Technology Business Description

Address No. 437, Taoying Road, Dashuli, Taoyuan District, Taoyuan, TWN, 330
Taiwan Surface Mounting Technology Corp is engaged in the design, processing, manufacturing, and trading of TFT-LCD panels, general electronic information products, and PCB surface-mount packaging. Its Surface Mounting Technology is widely used for IT and electronic products. The products provided include Control boards for TFT-LCD panels (TV/Desk Top/ Note books), other electronic products, and light bars.
76GF Score

Get the complete analysis for TPE:6278

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

NT$168.00
Price
NT$114.55
GF Value