Nanjing Chemical Fibre Co (SHSE:600889) Construction In Progress: ¥213.9 Mil (As of Mar. 2026)


SHSE:600889 Nanjing Chemical Fibre Co Ltd SHSE:600889
44 GF Score
Price ¥16.06
GF Value ¥5.83
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nanjing Chemical Fibre Co Construction In Progress?

Nanjing Chemical Fibre Co SHSE:600889 +1.58% 44 Construction In Progress is ¥213.9 Mil as of Mar. 2026. GuruFocus rates SHSE:600889 with a GF Score™ of 44/100 and a GF Value™ of ¥5.83 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Nanjing Chemical Fibre Co's quarterly construction in progress declined from Sep. 2025 (¥126.0 Mil) to Dec. 2025 (¥106.6 Mil) but then increased from Dec. 2025 (¥106.6 Mil) to Mar. 2026 (¥213.9 Mil).

Nanjing Chemical Fibre Co's annual construction in progress declined from Dec. 2023 (¥554.3 Mil) to Dec. 2024 (¥117.3 Mil) and declined from Dec. 2024 (¥117.3 Mil) to Dec. 2025 (¥106.6 Mil).

Nanjing Chemical Fibre Co Construction In Progress Historical Data

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The historical data trend for Nanjing Chemical Fibre 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.

Nanjing Chemical Fibre Co Construction In Progress Chart

Nanjing Chemical Fibre 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 404.47 513.44 554.30 117.33 106.57

Nanjing Chemical Fibre 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 120.18 123.13 125.99 106.57 213.95
SHSE:600889
44GF Score
Nanjing Chemical Fibre Co Ltd SHSE:600889
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Chemical Fibre 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 ¥213.9 Mil mean?
Nanjing Chemical Fibre Co (SHSE:600889) has a Construction In Progress of ¥213.9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nanjing Chemical Fibre Co and its competitors.
Is Nanjing Chemical Fibre Co's Construction In Progress too high?
Nanjing Chemical Fibre Co's current Construction In Progress is ¥213.9 Mil. Overall, Nanjing Chemical Fibre Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Chemical Fibre Co's Construction In Progress compare to DOW?
Nanjing Chemical Fibre Co's Construction In Progress of ¥213.9 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Nanjing Chemical Fibre Co and its competitors. Nanjing Chemical Fibre Co's current Construction In Progress is ¥213.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Chemical Fibre Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Chemical Fibre Co (SHSE:600889) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.83, compared to a current price of ¥16.06 — trading 175.5% above its estimated fair value. The current Construction In Progress is ¥213.9 Mil. Nanjing Chemical Fibre Co's overall GF Score™ is 44/100 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 Nanjing Chemical Fibre Co (SHSE:600889), the current Construction In Progress is ¥213.9 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 Nanjing Chemical Fibre Co (SHSE:600889) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Chemical Fibre Co stock appears to be overvalued. The current stock price of ¥16.06 is trading 175.5% above its estimated GF Value™ of ¥5.83. GuruFocus considers Nanjing Chemical Fibre Co to be Significantly Overvalued.

Key valuation signals for SHSE:600889:

  • Construction In Progress: ¥213.9 Mil
  • GF Value™: ¥5.83 vs. price of ¥16.06 (175.5% above fair value)
  • GF Score™: 44/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nanjing Chemical Fibre Co Business Description

Address No. 2, Yuzhuang Road, Xiongzhou Street, Liuhe District, Jiangsu, Nanjing, CHN, 211511
Nanjing Chemical Fibre Co Ltd is a China-based company mainly engaged in the production and operation of viscose fiber and tap water. The company produces Jinling brand viscose fiber which is sold in China and exported to South Korea, Japan, Vietnam, Europe and the United States. Its water plant is located at Yanziji, Qixia District, Nanjing, and has a water supply capacity of approx. 150,000 tons/day. The company provides tap water service to enterprises in the economic and technological development zone and its surrounding factories and residential quarters.
44GF Score

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

¥16.06
Price
¥5.83
GF Value