SYTS (XKRX:002170) Construction In Progress: ₩3,409 Mil (As of Jun. 2026)

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XKRX:002170 SYTS XKRX:002170
76 GF Score
Price ₩53,500.00
GF Value ₩45,396.72
Valuation Modestly Overvalued
! 4 Warning Signs
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What is SYTS Construction In Progress?

SYTS XKRX:002170 -1.83% 76 Construction In Progress is ₩3,409 Mil as of Jun. 2026. GuruFocus rates XKRX:002170 with a GF Score™ of 76/100 and a GF Value™ of ₩45,396.72 (Modestly Overvalued). The stock has 4 warning signs investors should review.

SYTS's quarterly construction in progress increased from Dec. 2025 (₩140 Mil) to Mar. 2026 (₩315 Mil) and increased from Mar. 2026 (₩315 Mil) to Jun. 2026 (₩3,409 Mil).

SYTS's annual construction in progress increased from Dec. 2023 (₩42 Mil) to Dec. 2024 (₩111 Mil) and increased from Dec. 2024 (₩111 Mil) to Dec. 2025 (₩140 Mil).

SYTS Construction In Progress Historical Data

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The historical data trend for SYTS'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.

SYTS Construction In Progress Chart

SYTS 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 10.82 2,122.49 41.78 110.79 139.90

SYTS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 49.76 0.00 139.90 315.14 3,409.26
XKRX:002170
76GF Score
SYTS XKRX:002170
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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SYTS 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 ₩3,409 Mil mean?
SYTS (XKRX:002170) has a Construction In Progress of ₩3,409 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on SYTS and its competitors.
Is SYTS's Construction In Progress too high?
SYTS's current Construction In Progress is ₩3,409 Mil. Overall, SYTS has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SYTS's Construction In Progress compare to NKE and DECK?
SYTS's Construction In Progress of ₩3,409 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Construction In Progress depends on the Manufacturing - Apparel & Accessories 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 SYTS and its competitors. SYTS's current Construction In Progress is ₩3,409 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SYTS stock overvalued right now?
Based on GuruFocus' analysis, SYTS (XKRX:002170) is currently considered Modestly Overvalued. The stock's GF Value™ is ₩45,396.72, compared to a current price of ₩53,500.00 — trading 17.8% above its estimated fair value. The current Construction In Progress is ₩3,409 Mil. SYTS's overall GF Score™ is 76/100 with 4 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 SYTS (XKRX:002170), the current Construction In Progress is ₩3,409 Mil as of Jun. 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 SYTS (XKRX:002170) Overvalued in 2026?

Based on GuruFocus' analysis, SYTS stock appears to be overvalued. The current stock price of ₩53,500.00 is trading 17.8% above its estimated GF Value™ of ₩45,396.72. GuruFocus considers SYTS to be Modestly Overvalued.

Key valuation signals for XKRX:002170:

  • Construction In Progress: ₩3,409 Mil
  • GF Value™: ₩45,396.72 vs. price of ₩53,500.00 (17.8% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the XKRX:002170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SYTS Business Description

Address 301 Teheran-ro, Gangnam-gu, Seoul, KOR, 135-080
SYTS, formerly Samyang Tongsang Co Ltd is engaged in the manufacture and marketing of leather products used for handbags, footwear, and car seats. The business of the company is divided into the Manufacturing sector engaged in importing and process raw hides as raw materials to produce leather fabrics, anSYTSd the Rental sector engaged in real estate rental business in Seoul as side business.
76GF Score

Get the complete analysis for XKRX:002170

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

₩53,500.00
Price
₩45,396.72
GF Value