Baiksan Co (XKRX:035150) Construction In Progress: ₩4,581 Mil (As of Jun. 2026)

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XKRX:035150 Baiksan Co Ltd XKRX:035150
81 GF Score
Price ₩10,600.00
GF Value ₩15,571.14
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Baiksan Co Construction In Progress?

Baiksan Co XKRX:035150 -0.66% 81 Construction In Progress is ₩4,581 Mil as of Jun. 2026. GuruFocus rates XKRX:035150 with a GF Score™ of 81/100 and a GF Value™ of ₩15,571.14 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Baiksan Co's quarterly construction in progress increased from Dec. 2025 (₩2,563 Mil) to Mar. 2026 (₩3,192 Mil) and increased from Mar. 2026 (₩3,192 Mil) to Jun. 2026 (₩4,581 Mil).

Baiksan Co's annual construction in progress increased from Dec. 2023 (₩6,460 Mil) to Dec. 2024 (₩32,809 Mil) but then declined from Dec. 2024 (₩32,809 Mil) to Dec. 2025 (₩2,563 Mil).

Baiksan Co Construction In Progress Historical Data

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The historical data trend for Baiksan 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.

Baiksan Co Construction In Progress Chart

Baiksan 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 629.79 2,030.54 6,460.30 32,809.00 2,562.99

Baiksan 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 35,201.71 2,205.77 2,562.99 3,192.38 4,580.62
XKRX:035150
81GF Score
Baiksan Co Ltd XKRX:035150
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Baiksan 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 ₩4,581 Mil mean?
Baiksan Co (XKRX:035150) has a Construction In Progress of ₩4,581 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Baiksan Co and its competitors.
Is Baiksan Co's Construction In Progress too high?
Baiksan Co's current Construction In Progress is ₩4,581 Mil. Overall, Baiksan Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baiksan Co's Construction In Progress compare to NKE and DECK?
Baiksan Co's Construction In Progress of ₩4,581 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 Baiksan Co and its competitors. Baiksan Co's current Construction In Progress is ₩4,581 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baiksan Co stock overvalued right now?
Based on GuruFocus' analysis, Baiksan Co (XKRX:035150) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩15,571.14, compared to a current price of ₩10,600.00 — trading 31.9% below its estimated fair value. The current Construction In Progress is ₩4,581 Mil. Baiksan Co's overall GF Score™ is 81/100 with 2 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 Baiksan Co (XKRX:035150), the current Construction In Progress is ₩4,581 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 Baiksan Co (XKRX:035150) Overvalued in 2026?

Based on GuruFocus' analysis, Baiksan Co stock appears to be undervalued. The current stock price of ₩10,600.00 is trading 31.9% below its estimated GF Value™ of ₩15,571.14. GuruFocus considers Baiksan Co to be Significantly Undervalued.

Key valuation signals for XKRX:035150:

  • Construction In Progress: ₩4,581 Mil
  • GF Value™: ₩15,571.14 vs. price of ₩10,600.00 (31.9% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the XKRX:035150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Baiksan Co Business Description

Address 47, Gongdan 1-daero 27beongil, Gyeonggi-do, Siheung-si, KOR, 429-450
Baiksan Co Ltd is a South Korea-based company engaged in the industry of artificial leather manufacturing, finance, trade, and clothing production and export. Along with subsiidary the company manufactures and sells synthetic leather using polyurethane synthetic resin and non-woven fabric as foaming agents. The main uses of polyurethane synthetic leather are diverse, ranging from shoes, clothing, and bags to balls, sporting goods, electronic product cases, furniture, automobile interior materials, and miscellaneous goods, and the demand continues to increase as the use develops.
81GF Score

Get the complete analysis for XKRX:035150

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

₩10,600.00
Price
₩15,571.14
GF Value