Jiangxi Jiangnan New Material Technology Co (SHSE:603124) Construction In Progress: ¥108 Mil (As of Mar. 2026)

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SHSE:603124 Jiangxi Jiangnan New Material Technology Co Ltd SHSE:603124
39 GF Score
Price ¥114.95
! 8 Warning Signs
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What is Jiangxi Jiangnan New Material Technology Co Construction In Progress?

Jiangxi Jiangnan New Material Technology Co SHSE:603124 +10.00% 39 Construction In Progress is ¥108 Mil as of Mar. 2026. GuruFocus rates SHSE:603124 with a GF Score™ of 39/100. The stock has 8 warning signs investors should review.

Jiangxi Jiangnan New Material Technology Co's quarterly construction in progress increased from Sep. 2025 (¥21 Mil) to Dec. 2025 (¥59 Mil) and increased from Dec. 2025 (¥59 Mil) to Mar. 2026 (¥108 Mil).

Jiangxi Jiangnan New Material Technology Co's annual construction in progress increased from Dec. 2023 (¥35 Mil) to Dec. 2024 (¥45 Mil) and increased from Dec. 2024 (¥45 Mil) to Dec. 2025 (¥59 Mil).

Jiangxi Jiangnan New Material Technology Co Construction In Progress Historical Data

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The historical data trend for Jiangxi Jiangnan New Material Technology 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.

Jiangxi Jiangnan New Material Technology Co Construction In Progress Chart

Jiangxi Jiangnan New Material Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 20.95 22.12 35.38 44.98 59.48

Jiangxi Jiangnan New Material Technology Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 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 44.62 40.10 21.16 59.48 108.44
SHSE:603124
39GF Score
Jiangxi Jiangnan New Material Technology Co Ltd SHSE:603124
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangxi Jiangnan New Material Technology 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 ¥108 Mil mean?
Jiangxi Jiangnan New Material Technology Co (SHSE:603124) has a Construction In Progress of ¥108 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Jiangxi Jiangnan New Material Technology Co and its competitors.
Is Jiangxi Jiangnan New Material Technology Co's Construction In Progress too high?
Jiangxi Jiangnan New Material Technology Co's current Construction In Progress is ¥108 Mil. Overall, Jiangxi Jiangnan New Material Technology Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Jiangnan New Material Technology Co's Construction In Progress compare to SCCO and FCX?
Jiangxi Jiangnan New Material Technology Co's Construction In Progress of ¥108 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 Jiangxi Jiangnan New Material Technology Co and its competitors. Jiangxi Jiangnan New Material Technology Co's current Construction In Progress is ¥108 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Jiangnan New Material Technology Co stock overvalued right now?
Jiangxi Jiangnan New Material Technology Co (SHSE:603124) has a current Construction In Progress of ¥108 Mil. The current Construction In Progress is ¥108 Mil. Jiangxi Jiangnan New Material Technology Co's overall GF Score™ is 39/100 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 Jiangxi Jiangnan New Material Technology Co (SHSE:603124), the current Construction In Progress is ¥108 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.

Jiangxi Jiangnan New Material Technology Co Business Description

Address No. 6, Jiangnan Road, Yingtan Industrial Park, Yuehu District, Jiangxi Province, Yingtan, CHN, 335000
Jiangxi Jiangnan New Material Technology Co Ltd is engaged in research and development, production and sales of new copper-based materials.
39GF Score

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

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