Ningbo Jifeng Auto Parts Co (SHSE:603997) Construction In Progress: ¥827 Mil (As of Mar. 2026)

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SHSE:603997 Ningbo Jifeng Auto Parts Co Ltd SHSE:603997
63 GF Score
Price ¥12.70
GF Value ¥13.20
Valuation Fairly Valued
! 5 Warning Signs
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What is Ningbo Jifeng Auto Parts Co Construction In Progress?

Ningbo Jifeng Auto Parts Co SHSE:603997 +0.79% 63 Construction In Progress is ¥827 Mil as of Mar. 2026. GuruFocus rates SHSE:603997 with a GF Score™ of 63/100 and a GF Value™ of ¥13.20 (Fairly Valued). The stock has 5 warning signs investors should review.

Ningbo Jifeng Auto Parts Co's quarterly construction in progress increased from Sep. 2025 (¥549 Mil) to Dec. 2025 (¥685 Mil) and increased from Dec. 2025 (¥685 Mil) to Mar. 2026 (¥827 Mil).

Ningbo Jifeng Auto Parts Co's annual construction in progress declined from Dec. 2023 (¥630 Mil) to Dec. 2024 (¥503 Mil) but then increased from Dec. 2024 (¥503 Mil) to Dec. 2025 (¥685 Mil).

Ningbo Jifeng Auto Parts Co Construction In Progress Historical Data

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The historical data trend for Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co Construction In Progress Chart

Ningbo Jifeng Auto Parts 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 250.70 433.56 629.70 502.84 684.99

Ningbo Jifeng Auto Parts 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 550.44 490.39 549.14 684.99 827.30
SHSE:603997
63GF Score
Ningbo Jifeng Auto Parts Co Ltd SHSE:603997
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Jifeng Auto Parts 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 ¥827 Mil mean?
Ningbo Jifeng Auto Parts Co (SHSE:603997) has a Construction In Progress of ¥827 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ningbo Jifeng Auto Parts Co and its competitors.
Is Ningbo Jifeng Auto Parts Co's Construction In Progress too high?
Ningbo Jifeng Auto Parts Co's current Construction In Progress is ¥827 Mil. Overall, Ningbo Jifeng Auto Parts Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jifeng Auto Parts Co's Construction In Progress compare to ORLY and AZO?
Ningbo Jifeng Auto Parts Co's Construction In Progress of ¥827 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Jifeng Auto Parts Co and its competitors. Ningbo Jifeng Auto Parts Co's current Construction In Progress is ¥827 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jifeng Auto Parts Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jifeng Auto Parts Co (SHSE:603997) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.20, compared to a current price of ¥12.70 — trading 3.8% below its estimated fair value. The current Construction In Progress is ¥827 Mil. Ningbo Jifeng Auto Parts Co's overall GF Score™ is 63/100 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 Ningbo Jifeng Auto Parts Co (SHSE:603997), the current Construction In Progress is ¥827 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 Jifeng Auto Parts Co (SHSE:603997) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Jifeng Auto Parts Co stock appears to be undervalued. The current stock price of ¥12.70 is trading 3.8% below its estimated GF Value™ of ¥13.20. GuruFocus considers Ningbo Jifeng Auto Parts Co to be Fairly Valued.

Key valuation signals for SHSE:603997:

  • Construction In Progress: ¥827 Mil
  • GF Value™: ¥13.20 vs. price of ¥12.70 (3.8% below fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Jifeng Auto Parts Co Business Description

Address No.17, Datunhe Road, Beilun District, Zhejiang, Ningbo City, CHN, 315800
Ningbo Jifeng Auto Parts Co Ltd is principally engaged in development, manufacture, and sale of passenger car seat. The company offers automotive seat headrest and armrest assemblies, and headrest and door stems.
63GF Score

Get the complete analysis for SHSE:603997

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

¥12.70
Price
¥13.20
GF Value