Ningbo Boway Alloy Material Co (SHSE:601137) Construction In Progress: ¥1,927 Mil (As of Mar. 2026)

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SHSE:601137 Ningbo Boway Alloy Material Co Ltd SHSE:601137
83 GF Score
Price ¥16.32
GF Value ¥19.08
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ningbo Boway Alloy Material Co Construction In Progress?

Ningbo Boway Alloy Material Co SHSE:601137 -4.95% 83 Construction In Progress is ¥1,927 Mil as of Mar. 2026. GuruFocus rates SHSE:601137 with a GF Score™ of 83/100 and a GF Value™ of ¥19.08 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Ningbo Boway Alloy Material Co's quarterly construction in progress declined from Sep. 2025 (¥2,188 Mil) to Dec. 2025 (¥1,549 Mil) but then increased from Dec. 2025 (¥1,549 Mil) to Mar. 2026 (¥1,927 Mil).

Ningbo Boway Alloy Material Co's annual construction in progress increased from Dec. 2023 (¥846 Mil) to Dec. 2024 (¥1,893 Mil) but then declined from Dec. 2024 (¥1,893 Mil) to Dec. 2025 (¥1,549 Mil).

Ningbo Boway Alloy Material Co Construction In Progress Historical Data

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The historical data trend for Ningbo Boway Alloy Material 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.

Ningbo Boway Alloy Material Co Construction In Progress Chart

Ningbo Boway Alloy Material 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 2,015.72 1,750.75 845.98 1,892.83 1,549.10

Ningbo Boway Alloy Material 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 2,424.91 2,445.32 2,187.88 1,549.10 1,926.98
SHSE:601137
83GF Score
Ningbo Boway Alloy Material Co Ltd SHSE:601137
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Boway Alloy Material 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 ¥1,927 Mil mean?
Ningbo Boway Alloy Material Co (SHSE:601137) has a Construction In Progress of ¥1,927 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ningbo Boway Alloy Material Co and its competitors.
Is Ningbo Boway Alloy Material Co's Construction In Progress too high?
Ningbo Boway Alloy Material Co's current Construction In Progress is ¥1,927 Mil. Overall, Ningbo Boway Alloy Material Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Boway Alloy Material Co's Construction In Progress compare to SCCO and FCX?
Ningbo Boway Alloy Material Co's Construction In Progress of ¥1,927 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 Ningbo Boway Alloy Material Co and its competitors. Ningbo Boway Alloy Material Co's current Construction In Progress is ¥1,927 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Boway Alloy Material Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co (SHSE:601137) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.08, compared to a current price of ¥16.32 — trading 14.5% below its estimated fair value. The current Construction In Progress is ¥1,927 Mil. Ningbo Boway Alloy Material Co's overall GF Score™ is 83/100 with 7 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 Ningbo Boway Alloy Material Co (SHSE:601137), the current Construction In Progress is ¥1,927 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 Ningbo Boway Alloy Material Co (SHSE:601137) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co stock appears to be undervalued. The current stock price of ¥16.32 is trading 14.5% below its estimated GF Value™ of ¥19.08. GuruFocus considers Ningbo Boway Alloy Material Co to be Modestly Undervalued.

Key valuation signals for SHSE:601137:

  • Construction In Progress: ¥1,927 Mil
  • GF Value™: ¥19.08 vs. price of ¥16.32 (14.5% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the SHSE:601137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Boway Alloy Material Co Business Description

Address Taiping Bridge, Yunlong Town, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315135
Ningbo Boway Alloy Material Co Ltd is engaged in researching, developing, producing and selling non-ferrous alloy materials in China and internationally. It offers environmental, high conductivity, special, bronze, nickel-silver, and brass alloy materials, as well as copper alloys; and high precision copper alloy strips. The company also offers copper-titanium-zirconium- zinc alloy materials; and energy products, such as monocrystalline black components, polycrystalline, and solar modules.
83GF Score

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

¥16.32
Price
¥19.08
GF Value