Ningxia Baofeng Energy Group Co (SHSE:600989) Construction In Progress: ¥5,314 Mil (As of Mar. 2026)


SHSE:600989 Ningxia Baofeng Energy Group Co Ltd SHSE:600989
92 GF Score
Price ¥19.96
GF Value ¥26.90
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ningxia Baofeng Energy Group Co Construction In Progress?

Ningxia Baofeng Energy Group Co SHSE:600989 -1.77% 92 Construction In Progress is ¥5,314 Mil as of Mar. 2026. GuruFocus rates SHSE:600989 with a GF Score™ of 92/100 and a GF Value™ of ¥26.90 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Ningxia Baofeng Energy Group Co's quarterly construction in progress increased from Sep. 2025 (¥4,600 Mil) to Dec. 2025 (¥5,705 Mil) but then declined from Dec. 2025 (¥5,705 Mil) to Mar. 2026 (¥5,314 Mil).

Ningxia Baofeng Energy Group Co's annual construction in progress increased from Dec. 2023 (¥14,389 Mil) to Dec. 2024 (¥30,126 Mil) but then declined from Dec. 2024 (¥30,126 Mil) to Dec. 2025 (¥5,705 Mil).

Ningxia Baofeng Energy Group Co Construction In Progress Historical Data

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The historical data trend for Ningxia Baofeng Energy Group 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.

Ningxia Baofeng Energy Group Co Construction In Progress Chart

Ningxia Baofeng Energy Group 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 8,343.83 16,589.45 14,388.79 30,125.59 5,704.70

Ningxia Baofeng Energy Group 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 11,851.53 4,392.42 4,600.23 5,704.70 5,314.06
SHSE:600989
92GF Score
Ningxia Baofeng Energy Group Co Ltd SHSE:600989
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningxia Baofeng Energy Group 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 ¥5,314 Mil mean?
Ningxia Baofeng Energy Group Co (SHSE:600989) has a Construction In Progress of ¥5,314 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ningxia Baofeng Energy Group Co and its competitors.
Is Ningxia Baofeng Energy Group Co's Construction In Progress too high?
Ningxia Baofeng Energy Group Co's current Construction In Progress is ¥5,314 Mil. Overall, Ningxia Baofeng Energy Group Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Baofeng Energy Group Co's Construction In Progress compare to DOW?
Ningxia Baofeng Energy Group Co's Construction In Progress of ¥5,314 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 Ningxia Baofeng Energy Group Co and its competitors. Ningxia Baofeng Energy Group Co's current Construction In Progress is ¥5,314 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Baofeng Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co (SHSE:600989) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥26.90, compared to a current price of ¥19.96 — trading 25.8% below its estimated fair value. The current Construction In Progress is ¥5,314 Mil. Ningxia Baofeng Energy Group Co's overall GF Score™ is 92/100 with 4 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 Ningxia Baofeng Energy Group Co (SHSE:600989), the current Construction In Progress is ¥5,314 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 Ningxia Baofeng Energy Group Co (SHSE:600989) Overvalued in 2026?

Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co stock appears to be undervalued. The current stock price of ¥19.96 is trading 25.8% below its estimated GF Value™ of ¥26.90. GuruFocus considers Ningxia Baofeng Energy Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600989:

  • Construction In Progress: ¥5,314 Mil
  • GF Value™: ¥26.90 vs. price of ¥19.96 (25.8% below fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningxia Baofeng Energy Group Co Business Description

Address Baofeng Circular Economy Industrial Park, Ningdong Energy and Chemical Industry Base, Ningxia Hui Autonomous Region, Yinchuan, CHN, 750411
Ningxia Baofeng Energy Group Co Ltd is engaged in the production and sales of modern coal chemical products. The company operates through four segments. The Coking Products segment covers coal mining, washing, and coking activities. The Fine Chemical Products segment focuses on coal tar, crude benzene, and C4 deep-processed products. The Olefin Products segment is involved in the production of methanol and olefins. The Headquarters and Other Product segment manages investment, financing, and support services, alongside the activities of its commercial service companies. It generates the majority of its revenue from the Olefin Products segment.
92GF Score

Get the complete analysis for SHSE:600989

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

¥19.96
Price
¥26.90
GF Value