Giant Manufacturing Co (TPE:9921) Construction In Progress: NT$522 Mil (As of Dec. 2025)


TPE:9921 Giant Manufacturing Co Ltd TPE:9921
68 GF Score
Price NT$77.40
GF Value NT$131.28
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Giant Manufacturing Co Construction In Progress?

Giant Manufacturing Co TPE:9921 -1.65% 68 Construction In Progress is NT$522 Mil as of Dec. 2025. GuruFocus rates TPE:9921 with a GF Score™ of 68/100 and a GF Value™ of NT$131.28 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Giant Manufacturing Co's quarterly construction in progress increased from Jun. 2025 (NT$600 Mil) to Sep. 2025 (NT$648 Mil) but then declined from Sep. 2025 (NT$648 Mil) to Dec. 2025 (NT$522 Mil).

Giant Manufacturing Co's annual construction in progress increased from Dec. 2023 (NT$314 Mil) to Dec. 2024 (NT$355 Mil) and increased from Dec. 2024 (NT$355 Mil) to Dec. 2025 (NT$522 Mil).

Giant Manufacturing Co Construction In Progress Historical Data

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The historical data trend for Giant Manufacturing 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.

Giant Manufacturing Co Construction In Progress Chart

Giant Manufacturing 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 471.82 489.35 313.69 355.44 521.73

Giant Manufacturing 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 355.44 542.84 600.19 648.27 521.73
TPE:9921
68GF Score
Giant Manufacturing Co Ltd TPE:9921
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Giant Manufacturing 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$522 Mil mean?
Giant Manufacturing Co (TPE:9921) has a Construction In Progress of NT$522 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Giant Manufacturing Co and its competitors.
Is Giant Manufacturing Co's Construction In Progress too high?
Giant Manufacturing Co's current Construction In Progress is NT$522 Mil. Overall, Giant Manufacturing Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Giant Manufacturing Co's Construction In Progress compare to AS and HAS?
Giant Manufacturing Co's Construction In Progress of NT$522 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 Giant Manufacturing Co and its competitors. Giant Manufacturing Co's current Construction In Progress is NT$522 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giant Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Giant Manufacturing Co (TPE:9921) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$131.28, compared to a current price of NT$77.40 — trading 41% below its estimated fair value. The current Construction In Progress is NT$522 Mil. Giant Manufacturing Co's overall GF Score™ is 68/100 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 Giant Manufacturing Co (TPE:9921), the current Construction In Progress is NT$522 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 Giant Manufacturing Co (TPE:9921) Overvalued in 2026?

Based on GuruFocus' analysis, Giant Manufacturing Co stock appears to be undervalued. The current stock price of NT$77.40 is trading 41% below its estimated GF Value™ of NT$131.28. GuruFocus considers Giant Manufacturing Co to be Significantly Undervalued.

Key valuation signals for TPE:9921:

  • Construction In Progress: NT$522 Mil
  • GF Value™: NT$131.28 vs. price of NT$77.40 (41% below fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the TPE:9921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Giant Manufacturing Co Business Description

Address Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, TWN, 40763
Giant Manufacturing Co Ltd manufactures and sells bicycles, electric bicycles and related parts. Its segments includes Bicycle, Materials, and Others. The company generates majority of its revenue from Bicycle segment.
68GF Score

Get the complete analysis for TPE:9921

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

NT$77.40
Price
NT$131.28
GF Value