Union Materials (XKRX:047400) Construction In Progress: ₩501 Mil (As of Mar. 2026)

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XKRX:047400 Union Materials Corp XKRX:047400
47 GF Score
Price ₩917.00
GF Value ₩2,004.64
Valuation Possible Value Trap
! 7 Warning Signs
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What is Union Materials Construction In Progress?

Union Materials XKRX:047400 +0.88% 47 Construction In Progress is ₩501 Mil as of Mar. 2026. GuruFocus rates XKRX:047400 with a GF Score™ of 47/100 and a GF Value™ of ₩2,004.64 (Possible Value Trap). The stock has 7 warning signs investors should review.

Union Materials's quarterly construction in progress declined from Sep. 2025 (₩736 Mil) to Dec. 2025 (₩299 Mil) but then increased from Dec. 2025 (₩299 Mil) to Mar. 2026 (₩501 Mil).

Union Materials's annual construction in progress increased from Dec. 2023 (₩0 Mil) to Dec. 2024 (₩311 Mil) but then declined from Dec. 2024 (₩311 Mil) to Dec. 2025 (₩299 Mil).

Union Materials Construction In Progress Historical Data

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The historical data trend for Union Materials'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.

Union Materials Construction In Progress Chart

Union Materials 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 1,022.04 13,120.44 0.00 310.72 299.12

Union Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 347.66 342.47 735.58 299.12 500.60
XKRX:047400
47GF Score
Union Materials Corp XKRX:047400
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Materials 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 ₩501 Mil mean?
Union Materials (XKRX:047400) has a Construction In Progress of ₩501 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Union Materials and its competitors.
Is Union Materials' Construction In Progress too high?
Union Materials' current Construction In Progress is ₩501 Mil. Overall, Union Materials has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Union Materials' Construction In Progress compare to SNA and RBC?
Union Materials' Construction In Progress of ₩501 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Union Materials and its competitors. Union Materials's current Construction In Progress is ₩501 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Materials stock overvalued right now?
Based on GuruFocus' analysis, Union Materials (XKRX:047400) is currently considered Possible Value Trap. The stock's GF Value™ is ₩2,004.64, compared to a current price of ₩917.00 — trading 54.3% below its estimated fair value. The current Construction In Progress is ₩501 Mil. Union Materials' overall GF Score™ is 47/100 with 7 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 Union Materials (XKRX:047400), the current Construction In Progress is ₩501 Mil as of Mar. 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 Union Materials (XKRX:047400) Overvalued in 2026?

Based on GuruFocus' analysis, Union Materials stock appears to be undervalued. The current stock price of ₩917.00 is trading 54.3% below its estimated GF Value™ of ₩2,004.64. GuruFocus considers Union Materials to be Possible Value Trap.

Key valuation signals for XKRX:047400:

  • Construction In Progress: ₩501 Mil
  • GF Value™: ₩2,004.64 vs. price of ₩917.00 (54.3% below fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the XKRX:047400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Union Materials Business Description

Address 151 Seongseo Industrial Complex Nam-ro, Dalseo-gu, Daegu, KOR, 704-320
Union Materials Corp is an International manufacturer of advanced materials. It is an export-oriented industry. Its products include ferrite magnets and various ceramic-based parts and cutting tools.
47GF Score

Get the complete analysis for XKRX:047400

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

₩917.00
Price
₩2,004.64
GF Value