Taiwan Shin Kong Security Co (TPE:9925) Construction In Progress: NT$61 Mil (As of Dec. 2025)


TPE:9925 Taiwan Shin Kong Security Co Ltd TPE:9925
88 GF Score
Price NT$40.55
GF Value NT$43.19
Valuation Fairly Valued
! 5 Warning Signs
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What is Taiwan Shin Kong Security Co Construction In Progress?

Taiwan Shin Kong Security Co TPE:9925 +0.25% 88 Construction In Progress is NT$61 Mil as of Dec. 2025. GuruFocus rates TPE:9925 with a GF Score™ of 88/100 and a GF Value™ of NT$43.19 (Fairly Valued). The stock has 5 warning signs investors should review.

Taiwan Shin Kong Security Co's quarterly construction in progress declined from Jun. 2025 (NT$96 Mil) to Sep. 2025 (NT$78 Mil) and declined from Sep. 2025 (NT$78 Mil) to Dec. 2025 (NT$61 Mil).

Taiwan Shin Kong Security Co's annual construction in progress increased from Dec. 2023 (NT$51 Mil) to Dec. 2024 (NT$68 Mil) but then declined from Dec. 2024 (NT$68 Mil) to Dec. 2025 (NT$61 Mil).


Taiwan Shin Kong Security Co Construction In Progress Historical Data

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The historical data trend for Taiwan Shin Kong Security 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 Shin Kong Security Co Construction In Progress Chart

Taiwan Shin Kong Security 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 38.90 42.33 50.53 67.62 61.04

Taiwan Shin Kong Security 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 67.62 77.59 95.62 77.77 61.04
TPE:9925
88GF Score
Taiwan Shin Kong Security Co Ltd TPE:9925
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Shin Kong Security 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$61 Mil mean?
Taiwan Shin Kong Security Co (TPE:9925) has a Construction In Progress of NT$61 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Taiwan Shin Kong Security Co and its competitors.
Is Taiwan Shin Kong Security Co's Construction In Progress too high?
Taiwan Shin Kong Security Co's current Construction In Progress is NT$61 Mil. Overall, Taiwan Shin Kong Security Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Shin Kong Security Co's Construction In Progress compare to ALLE and MSA?
Taiwan Shin Kong Security Co's Construction In Progress of NT$61 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Construction In Progress depends on the Business Services 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 Shin Kong Security Co and its competitors. Taiwan Shin Kong Security Co's current Construction In Progress is NT$61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Shin Kong Security Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Shin Kong Security Co (TPE:9925) is currently considered Fairly Valued. The stock's GF Value™ is NT$43.19, compared to a current price of NT$40.55 — trading 6.1% below its estimated fair value. The current Construction In Progress is NT$61 Mil. Taiwan Shin Kong Security Co's overall GF Score™ is 88/100 with 5 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 Shin Kong Security Co (TPE:9925), the current Construction In Progress is NT$61 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 Shin Kong Security Co (TPE:9925) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Shin Kong Security Co stock appears to be undervalued. The current stock price of NT$40.55 is trading 6.1% below its estimated GF Value™ of NT$43.19. GuruFocus considers Taiwan Shin Kong Security Co to be Fairly Valued.

Key valuation signals for TPE:9925:

  • Construction In Progress: NT$61 Mil
  • GF Value™: NT$43.19 vs. price of NT$40.55 (6.1% below fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the TPE:9925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Shin Kong Security Co Business Description

Address No. 128, Xing\'ai Road, Neihu District, Taipei, TWN
Taiwan Shin Kong Security Co Ltd is a Taiwanese security systems provider. It is engaged in the design, sale, rental, installation, maintenance, repair, and inspection of fire prevention, burglary prevention, and fire protection apparatus, as well as the import and export of these products and the operation and investment of such businesses. The reportable segments of the company are the electronic services business, cash-in-transit business, stationed security business, and others. The majority of its revenue is generated from the electronic services segment which provides electronic security services.
88GF Score

Get the complete analysis for TPE:9925

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

NT$40.55
Price
NT$43.19
GF Value