Myoung Shin Industry Co (XKRX:009900) Construction In Progress: ₩50,382 Mil (As of Jun. 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.

XKRX:009900 Myoung Shin Industry Co Ltd XKRX:009900
89 GF Score
Price ₩8,240.00
GF Value ₩11,852.83
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Myoung Shin Industry Co Construction In Progress?

Myoung Shin Industry Co XKRX:009900 -2.60% 89 Construction In Progress is ₩50,382 Mil as of Jun. 2026. GuruFocus rates XKRX:009900 with a GF Score™ of 89/100 and a GF Value™ of ₩11,852.83 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Myoung Shin Industry Co's quarterly construction in progress declined from Dec. 2025 (₩33,386 Mil) to Mar. 2026 (₩30,551 Mil) but then increased from Mar. 2026 (₩30,551 Mil) to Jun. 2026 (₩50,382 Mil).

Myoung Shin Industry Co's annual construction in progress declined from Dec. 2023 (₩32,818 Mil) to Dec. 2024 (₩6,557 Mil) but then increased from Dec. 2024 (₩6,557 Mil) to Dec. 2025 (₩33,386 Mil).

Myoung Shin Industry Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Myoung Shin 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.

Myoung Shin Industry Co Construction In Progress Chart

Myoung Shin 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 30,377.68 4,864.19 32,818.05 6,556.57 33,385.77

Myoung Shin Industry Co 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 12,125.38 49,096.68 33,385.77 30,551.30 50,381.65
XKRX:009900
89GF Score
Myoung Shin Industry Co Ltd XKRX:009900
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Myoung Shin 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 ₩50,382 Mil mean?
Myoung Shin Industry Co (XKRX:009900) has a Construction In Progress of ₩50,382 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Myoung Shin Industry Co and its competitors.
Is Myoung Shin Industry Co's Construction In Progress too high?
Myoung Shin Industry Co's current Construction In Progress is ₩50,382 Mil. Overall, Myoung Shin Industry Co has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Myoung Shin Industry Co's Construction In Progress compare to ORLY and AZO?
Myoung Shin Industry Co's Construction In Progress of ₩50,382 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Myoung Shin Industry Co and its competitors. Myoung Shin Industry Co's current Construction In Progress is ₩50,382 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myoung Shin Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Myoung Shin Industry Co (XKRX:009900) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩11,852.83, compared to a current price of ₩8,240.00 — trading 30.5% below its estimated fair value. The current Construction In Progress is ₩50,382 Mil. Myoung Shin Industry Co's overall GF Score™ is 89/100 with 3 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 Myoung Shin Industry Co (XKRX:009900), the current Construction In Progress is ₩50,382 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 Myoung Shin Industry Co (XKRX:009900) Overvalued in 2026?

Based on GuruFocus' analysis, Myoung Shin Industry Co stock appears to be undervalued. The current stock price of ₩8,240.00 is trading 30.5% below its estimated GF Value™ of ₩11,852.83. GuruFocus considers Myoung Shin Industry Co to be Significantly Undervalued.

Key valuation signals for XKRX:009900:

  • Construction In Progress: ₩50,382 Mil
  • GF Value™: ₩11,852.83 vs. price of ₩8,240.00 (30.5% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the XKRX:009900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Myoung Shin Industry Co Business Description

Address 91, Cheonbuksandan-ro, Cheonbuk-myeon, Gyeongsangbuk-do, Gyeongju-si, KOR
Myoung Shin Industry Co Ltd operates in the automobile body parts and strives manufacturing industry.
89GF Score

Get the complete analysis for XKRX:009900

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

₩8,240.00
Price
₩11,852.83
GF Value