Merida Industry Co (TPE:9914) Construction In Progress: NT$1 Mil (As of Dec. 2025)


TPE:9914 Merida Industry Co Ltd TPE:9914
71 GF Score
Price NT$78.00
GF Value NT$136.73
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Merida Industry Co Construction In Progress?

Merida Industry Co TPE:9914 +5.98% 71 Construction In Progress is NT$1 Mil as of Dec. 2025. GuruFocus rates TPE:9914 with a GF Score™ of 71/100 and a GF Value™ of NT$136.73 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Merida Industry Co's quarterly construction in progress increased from Jun. 2025 (NT$0 Mil) to Sep. 2025 (NT$4 Mil) but then declined from Sep. 2025 (NT$4 Mil) to Dec. 2025 (NT$1 Mil).

Merida Industry Co's annual construction in progress increased from Dec. 2023 (NT$31 Mil) to Dec. 2024 (NT$45 Mil) but then declined from Dec. 2024 (NT$45 Mil) to Dec. 2025 (NT$1 Mil).

Merida Industry Co Construction In Progress Historical Data

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The historical data trend for Merida Industry 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.

Merida Industry Co Construction In Progress Chart

Merida Industry 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 68.92 3.63 31.46 45.37 0.86

Merida Industry 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 45.37 45.30 0.33 3.93 0.86
TPE:9914
71GF Score
Merida Industry Co Ltd TPE:9914
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Merida Industry 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$1 Mil mean?
Merida Industry Co (TPE:9914) has a Construction In Progress of NT$1 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Merida Industry Co and its competitors.
Is Merida Industry Co's Construction In Progress too high?
Merida Industry Co's current Construction In Progress is NT$1 Mil. Overall, Merida Industry Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merida Industry Co's Construction In Progress compare to AS and HAS?
Merida Industry Co's Construction In Progress of NT$1 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure 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 Merida Industry Co and its competitors. Merida Industry Co's current Construction In Progress is NT$1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Merida Industry Co (TPE:9914) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$136.73, compared to a current price of NT$78.00 — trading 43% below its estimated fair value. The current Construction In Progress is NT$1 Mil. Merida Industry Co's overall GF Score™ is 71/100 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 Merida Industry Co (TPE:9914), the current Construction In Progress is NT$1 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 Merida Industry Co (TPE:9914) Overvalued in 2026?

Based on GuruFocus' analysis, Merida Industry Co stock appears to be undervalued. The current stock price of NT$78.00 is trading 43% below its estimated GF Value™ of NT$136.73. GuruFocus considers Merida Industry Co to be Significantly Undervalued.

Key valuation signals for TPE:9914:

  • Construction In Progress: NT$1 Mil
  • GF Value™: NT$136.73 vs. price of NT$78.00 (43% below fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the TPE:9914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Merida Industry Co Business Description

Address No. 116, Meigang Road, Dacun Township, Changhua County, Yuanlin, TWN
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. It distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.
71GF Score

Get the complete analysis for TPE:9914

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

NT$78.00
Price
NT$136.73
GF Value