China Rare Earth Nonferrous Metals Co (SHSE:600259) Construction In Progress: ¥362 Mil (As of Mar. 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.

SHSE:600259 China Rare Earth Nonferrous Metals Co Ltd SHSE:600259
46 GF Score
Price ¥74.05
GF Value ¥15.55
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is China Rare Earth Nonferrous Metals Co Construction In Progress?

China Rare Earth Nonferrous Metals Co SHSE:600259 -6.27% 46 Construction In Progress is ¥362 Mil as of Mar. 2026. GuruFocus rates SHSE:600259 with a GF Score™ of 46/100 and a GF Value™ of ¥15.55 (Significantly Overvalued). The stock has 3 warning signs investors should review.

China Rare Earth Nonferrous Metals Co's quarterly construction in progress increased from Sep. 2025 (¥314 Mil) to Dec. 2025 (¥328 Mil) and increased from Dec. 2025 (¥328 Mil) to Mar. 2026 (¥362 Mil).

China Rare Earth Nonferrous Metals Co's annual construction in progress declined from Dec. 2023 (¥392 Mil) to Dec. 2024 (¥288 Mil) but then increased from Dec. 2024 (¥288 Mil) to Dec. 2025 (¥328 Mil).

China Rare Earth Nonferrous Metals Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for China Rare Earth Nonferrous Metals 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.

China Rare Earth Nonferrous Metals Co Construction In Progress Chart

China Rare Earth Nonferrous Metals 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 225.70 777.63 392.42 287.53 327.78

China Rare Earth Nonferrous Metals 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 282.03 321.91 313.69 327.78 361.97
SHSE:600259
46GF Score
China Rare Earth Nonferrous Metals Co Ltd SHSE:600259
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Rare Earth Nonferrous Metals 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 ¥362 Mil mean?
China Rare Earth Nonferrous Metals Co (SHSE:600259) has a Construction In Progress of ¥362 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on China Rare Earth Nonferrous Metals Co and its competitors.
Is China Rare Earth Nonferrous Metals Co's Construction In Progress too high?
China Rare Earth Nonferrous Metals Co's current Construction In Progress is ¥362 Mil. Overall, China Rare Earth Nonferrous Metals Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Rare Earth Nonferrous Metals Co's Construction In Progress compare to competitors?
China Rare Earth Nonferrous Metals Co's Construction In Progress of ¥362 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 China Rare Earth Nonferrous Metals Co and its competitors. China Rare Earth Nonferrous Metals Co's current Construction In Progress is ¥362 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Rare Earth Nonferrous Metals Co stock overvalued right now?
Based on GuruFocus' analysis, China Rare Earth Nonferrous Metals Co (SHSE:600259) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.55, compared to a current price of ¥74.05 — trading 376.2% above its estimated fair value. The current Construction In Progress is ¥362 Mil. China Rare Earth Nonferrous Metals Co's overall GF Score™ is 46/100 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 China Rare Earth Nonferrous Metals Co (SHSE:600259), the current Construction In Progress is ¥362 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 China Rare Earth Nonferrous Metals Co (SHSE:600259) Overvalued in 2026?

Based on GuruFocus' analysis, China Rare Earth Nonferrous Metals Co stock appears to be overvalued. The current stock price of ¥74.05 is trading 376.2% above its estimated GF Value™ of ¥15.55. GuruFocus considers China Rare Earth Nonferrous Metals Co to be Significantly Overvalued.

Key valuation signals for SHSE:600259:

  • Construction In Progress: ¥362 Mil
  • GF Value™: ¥15.55 vs. price of ¥74.05 (376.2% above fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Rare Earth Nonferrous Metals Co Business Description

Address No. 157 Linhe West Road, 31-32nd Floor, Building A, Poly Zhonghui Plaza, Tianhe District, Guangdong Province, Guangzhou, CHN, 510610
China Rare Earth Nonferrous Metals Co Ltd is engaged in the mining, processing, and sale of non-ferrous metals. Its operations include investment and management of mining projects for non-ferrous and precious metals, including rare earth elements, as well as smelting of these metals. The company also focuses on the manufacturing of non-ferrous metal alloys, processing of metals through calendering, and the acquisition, processing, and sale of non-ferrous metal products.
46GF Score

Get the complete analysis for SHSE:600259

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

¥74.05
Price
¥15.55
GF Value