Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Construction In Progress: ¥252 Mil (As of Jun. 2026)

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SHSE:600581 Xinjiang Ba Yi Iron & Steel Co Ltd SHSE:600581
41 GF Score
Price ¥2.30
GF Value ¥3.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Xinjiang Ba Yi Iron & Steel Co Construction In Progress?

Xinjiang Ba Yi Iron & Steel Co SHSE:600581 -1.71% 41 Construction In Progress is ¥252 Mil as of Jun. 2026. GuruFocus rates SHSE:600581 with a GF Score™ of 41/100 and a GF Value™ of ¥3.16 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Xinjiang Ba Yi Iron & Steel Co's quarterly construction in progress declined from Dec. 2025 (¥542 Mil) to Mar. 2026 (¥539 Mil) and declined from Mar. 2026 (¥539 Mil) to Jun. 2026 (¥252 Mil).

Xinjiang Ba Yi Iron & Steel Co's annual construction in progress declined from Dec. 2023 (¥1,397 Mil) to Dec. 2024 (¥1,213 Mil) and declined from Dec. 2024 (¥1,213 Mil) to Dec. 2025 (¥542 Mil).

Xinjiang Ba Yi Iron & Steel Co Construction In Progress Historical Data

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The historical data trend for Xinjiang Ba Yi Iron & Steel 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.

Xinjiang Ba Yi Iron & Steel Co Construction In Progress Chart

Xinjiang Ba Yi Iron & Steel 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 345.74 904.53 1,396.92 1,212.83 541.90

Xinjiang Ba Yi Iron & Steel 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 1,856.11 1,593.05 541.90 538.70 251.95
SHSE:600581
41GF Score
Xinjiang Ba Yi Iron & Steel Co Ltd SHSE:600581
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Xinjiang Ba Yi Iron & Steel 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 ¥252 Mil mean?
Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) has a Construction In Progress of ¥252 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Xinjiang Ba Yi Iron & Steel Co and its competitors.
Is Xinjiang Ba Yi Iron & Steel Co's Construction In Progress too high?
Xinjiang Ba Yi Iron & Steel Co's current Construction In Progress is ¥252 Mil. Overall, Xinjiang Ba Yi Iron & Steel Co has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Ba Yi Iron & Steel Co's Construction In Progress compare to NUE and STLD?
Xinjiang Ba Yi Iron & Steel Co's Construction In Progress of ¥252 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 Xinjiang Ba Yi Iron & Steel Co and its competitors. Xinjiang Ba Yi Iron & Steel Co's current Construction In Progress is ¥252 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Ba Yi Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.16, compared to a current price of ¥2.30 — trading 27.2% below its estimated fair value. The current Construction In Progress is ¥252 Mil. Xinjiang Ba Yi Iron & Steel Co's overall GF Score™ is 41/100 with 5 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 Xinjiang Ba Yi Iron & Steel Co (SHSE:600581), the current Construction In Progress is ¥252 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 Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Ba Yi Iron & Steel Co stock appears to be undervalued. The current stock price of ¥2.30 is trading 27.2% below its estimated GF Value™ of ¥3.16. GuruFocus considers Xinjiang Ba Yi Iron & Steel Co to be Modestly Undervalued.

Key valuation signals for SHSE:600581:

  • Construction In Progress: ¥252 Mil
  • GF Value™: ¥3.16 vs. price of ¥2.30 (27.2% below fair value)
  • GF Score™: 41/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Xinjiang Ba Yi Iron & Steel Co Business Description

Address Xingang Road, Toutunhe District, Urumqi, Xinjiang, CHN, 830022
Xinjiang Ba Yi Iron & Steel Co Ltd is a Chinese company operating in the ferrous metal smelting and rolling processing industry. It comprises a set of production processes ranging from mining, mineral separation, sintering and coking to ironmaking, steelmaking, and steel rolling. The company's product folio includes Carbon steel products such as bars, heavy plate, HR steel sheet, wire rod, pipe tubes, Stainless steel products, Special steel products like die steel products, bearing steel, transportation steel, alloys for aviation and aerospace, and other products.
41GF Score

Get the complete analysis for SHSE:600581

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

¥2.30
Price
¥3.16
GF Value