Sinjin Sm Co (XKRX:138070) Construction In Progress: ₩332 Mil (As of Mar. 2026)

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XKRX:138070 Sinjin Sm Co Ltd XKRX:138070
73 GF Score
Price ₩1,555.00
GF Value ₩2,533.87
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Sinjin Sm Co Construction In Progress?

Sinjin Sm Co XKRX:138070 +1.97% 73 Construction In Progress is ₩332 Mil as of Mar. 2026. GuruFocus rates XKRX:138070 with a GF Score™ of 73/100 and a GF Value™ of ₩2,533.87 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Sinjin Sm Co's quarterly construction in progress increased from Sep. 2025 (₩171 Mil) to Dec. 2025 (₩578 Mil) but then declined from Dec. 2025 (₩578 Mil) to Mar. 2026 (₩332 Mil).

Sinjin Sm Co's annual construction in progress increased from Dec. 2023 (₩1,051 Mil) to Dec. 2024 (₩1,092 Mil) but then declined from Dec. 2024 (₩1,092 Mil) to Dec. 2025 (₩578 Mil).

Sinjin Sm Co Construction In Progress Historical Data

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The historical data trend for Sinjin Sm 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.

Sinjin Sm Co Construction In Progress Chart

Sinjin Sm 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 38.73 844.00 1,051.20 1,091.69 578.36

Sinjin Sm Co 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 118.60 126.00 171.49 578.36 332.38
XKRX:138070
73GF Score
Sinjin Sm Co Ltd XKRX:138070
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinjin Sm 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 ₩332 Mil mean?
Sinjin Sm Co (XKRX:138070) has a Construction In Progress of ₩332 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Sinjin Sm Co and its competitors.
Is Sinjin Sm Co's Construction In Progress too high?
Sinjin Sm Co's current Construction In Progress is ₩332 Mil. Overall, Sinjin Sm Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinjin Sm Co's Construction In Progress compare to SNA and RBC?
Sinjin Sm Co's Construction In Progress of ₩332 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 Sinjin Sm Co and its competitors. Sinjin Sm Co's current Construction In Progress is ₩332 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinjin Sm Co stock overvalued right now?
Based on GuruFocus' analysis, Sinjin Sm Co (XKRX:138070) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩2,533.87, compared to a current price of ₩1,555.00 — trading 38.6% below its estimated fair value. The current Construction In Progress is ₩332 Mil. Sinjin Sm Co's overall GF Score™ is 73/100 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 Sinjin Sm Co (XKRX:138070), the current Construction In Progress is ₩332 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 Sinjin Sm Co (XKRX:138070) Overvalued in 2026?

Based on GuruFocus' analysis, Sinjin Sm Co stock appears to be undervalued. The current stock price of ₩1,555.00 is trading 38.6% below its estimated GF Value™ of ₩2,533.87. GuruFocus considers Sinjin Sm Co to be Significantly Undervalued.

Key valuation signals for XKRX:138070:

  • Construction In Progress: ₩332 Mil
  • GF Value™: ₩2,533.87 vs. price of ₩1,555.00 (38.6% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the XKRX:138070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sinjin Sm Co Business Description

Address 352-73 Jangmu-ro, Janggye-myeon, Jangsu-gun, Jeonbuk, KOR, 352-73
Sinjin Sm Co Ltd is the first standard plate manufacturer in Korea. The company's products portfolio includes standard plates such as standard steel plates, standard special steel plates, standard stainless plates and standard aluminum plates, L-brackets, blocks, and others.
73GF Score

Get the complete analysis for XKRX:138070

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

₩1,555.00
Price
₩2,533.87
GF Value