Baoji Titanium Industry Co (SHSE:600456) Construction In Progress: ¥682 Mil (As of Mar. 2026)

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SHSE:600456 Baoji Titanium Industry Co Ltd SHSE:600456
71 GF Score
Price ¥28.22
GF Value ¥33.78
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Baoji Titanium Industry Co Construction In Progress?

Baoji Titanium Industry Co SHSE:600456 +1.69% 71 Construction In Progress is ¥682 Mil as of Mar. 2026. GuruFocus rates SHSE:600456 with a GF Score™ of 71/100 and a GF Value™ of ¥33.78 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Baoji Titanium Industry Co's quarterly construction in progress declined from Sep. 2025 (¥569 Mil) to Dec. 2025 (¥422 Mil) but then increased from Dec. 2025 (¥422 Mil) to Mar. 2026 (¥682 Mil).

Baoji Titanium Industry Co's annual construction in progress declined from Dec. 2023 (¥260 Mil) to Dec. 2024 (¥118 Mil) but then increased from Dec. 2024 (¥118 Mil) to Dec. 2025 (¥422 Mil).

Baoji Titanium Industry Co Construction In Progress Historical Data

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The historical data trend for Baoji Titanium 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.

Baoji Titanium Industry Co Construction In Progress Chart

Baoji Titanium 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 493.18 645.36 259.92 117.51 422.35

Baoji Titanium Industry 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 171.79 163.94 568.63 422.35 682.07
SHSE:600456
71GF Score
Baoji Titanium Industry Co Ltd SHSE:600456
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Baoji Titanium 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 ¥682 Mil mean?
Baoji Titanium Industry Co (SHSE:600456) has a Construction In Progress of ¥682 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Baoji Titanium Industry Co and its competitors.
Is Baoji Titanium Industry Co's Construction In Progress too high?
Baoji Titanium Industry Co's current Construction In Progress is ¥682 Mil. Overall, Baoji Titanium Industry Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baoji Titanium Industry Co's Construction In Progress compare to competitors?
Baoji Titanium Industry Co's Construction In Progress of ¥682 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 Baoji Titanium Industry Co and its competitors. Baoji Titanium Industry Co's current Construction In Progress is ¥682 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baoji Titanium Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Baoji Titanium Industry Co (SHSE:600456) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥33.78, compared to a current price of ¥28.22 — trading 16.5% below its estimated fair value. The current Construction In Progress is ¥682 Mil. Baoji Titanium Industry Co's overall GF Score™ is 71/100 with 8 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 Baoji Titanium Industry Co (SHSE:600456), the current Construction In Progress is ¥682 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 Baoji Titanium Industry Co (SHSE:600456) Overvalued in 2026?

Based on GuruFocus' analysis, Baoji Titanium Industry Co stock appears to be undervalued. The current stock price of ¥28.22 is trading 16.5% below its estimated GF Value™ of ¥33.78. GuruFocus considers Baoji Titanium Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600456:

  • Construction In Progress: ¥682 Mil
  • GF Value™: ¥33.78 vs. price of ¥28.22 (16.5% below fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Baoji Titanium Industry Co Business Description

Address No. 88, Gaoxin Avenue, High-tech Development Zone, Shaanxi Province, Baoji, CHN, 721014
Baoji Titanium Industry Co Ltd is mainly engaged in the production, processing and sales of titanium and titanium alloys.
71GF Score

Get the complete analysis for SHSE:600456

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

¥28.22
Price
¥33.78
GF Value