Ningbo Changhong Polymer Scientific & Technical (SHSE:605008) Construction In Progress: ¥186 Mil (As of Mar. 2026)

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SHSE:605008 Ningbo Changhong Polymer Scientific & Technical Inc SHSE:605008
78 GF Score
Price ¥11.57
GF Value ¥15.23
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Ningbo Changhong Polymer Scientific & Technical Construction In Progress?

Ningbo Changhong Polymer Scientific & Technical SHSE:605008 +1.14% 78 Construction In Progress is ¥186 Mil as of Mar. 2026. GuruFocus rates SHSE:605008 with a GF Score™ of 78/100 and a GF Value™ of ¥15.23 (Modestly Undervalued). The stock has 11 warning signs investors should review.

Ningbo Changhong Polymer Scientific & Technical's quarterly construction in progress declined from Sep. 2025 (¥229 Mil) to Dec. 2025 (¥120 Mil) but then increased from Dec. 2025 (¥120 Mil) to Mar. 2026 (¥186 Mil).

Ningbo Changhong Polymer Scientific & Technical's annual construction in progress declined from Dec. 2023 (¥661 Mil) to Dec. 2024 (¥523 Mil) and declined from Dec. 2024 (¥523 Mil) to Dec. 2025 (¥120 Mil).

Ningbo Changhong Polymer Scientific & Technical Construction In Progress Historical Data

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The historical data trend for Ningbo Changhong Polymer Scientific & Technical'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 Changhong Polymer Scientific & Technical Construction In Progress Chart

Ningbo Changhong Polymer Scientific & Technical 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 124.60 434.13 660.69 523.20 120.07

Ningbo Changhong Polymer Scientific & Technical 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 1,363.72 545.79 229.42 120.07 186.30
SHSE:605008
78GF Score
Ningbo Changhong Polymer Scientific & Technical Inc SHSE:605008
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Changhong Polymer Scientific & Technical 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 ¥186 Mil mean?
Ningbo Changhong Polymer Scientific & Technical (SHSE:605008) has a Construction In Progress of ¥186 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ningbo Changhong Polymer Scientific & Technical and its competitors.
Is Ningbo Changhong Polymer Scientific & Technical's Construction In Progress too high?
Ningbo Changhong Polymer Scientific & Technical's current Construction In Progress is ¥186 Mil. Overall, Ningbo Changhong Polymer Scientific & Technical has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Changhong Polymer Scientific & Technical's Construction In Progress compare to LIN and SHW?
Ningbo Changhong Polymer Scientific & Technical's Construction In Progress of ¥186 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 Ningbo Changhong Polymer Scientific & Technical and its competitors. Ningbo Changhong Polymer Scientific & Technical's current Construction In Progress is ¥186 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Changhong Polymer Scientific & Technical stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Changhong Polymer Scientific & Technical (SHSE:605008) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.23, compared to a current price of ¥11.57 — trading 24% below its estimated fair value. The current Construction In Progress is ¥186 Mil. Ningbo Changhong Polymer Scientific & Technical's overall GF Score™ is 78/100 with 11 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 Changhong Polymer Scientific & Technical (SHSE:605008), the current Construction In Progress is ¥186 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 Changhong Polymer Scientific & Technical (SHSE:605008) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Changhong Polymer Scientific & Technical stock appears to be undervalued. The current stock price of ¥11.57 is trading 24% below its estimated GF Value™ of ¥15.23. GuruFocus considers Ningbo Changhong Polymer Scientific & Technical to be Modestly Undervalued.

Key valuation signals for SHSE:605008:

  • Construction In Progress: ¥186 Mil
  • GF Value™: ¥15.23 vs. price of ¥11.57 (24% below fair value)
  • GF Score™: 78/100 with 11 warning signs

No single metric tells the full story. See the SHSE:605008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Changhong Polymer Scientific & Technical Business Description

Address No. 108, Qijiashan Gangkou Road, Beilun District, Zhejiang Province, Ningbo, CHN, 315803
Ningbo Changhong Polymer Scientific & Technical Inc is engaged in production and sales of styrene-based thermoplastic elastomers (TPES). The company's products include Sstyrene-butadiene-styrene (SBS) and Styrene-ethylene-butylene-styrene (SEBS). Its products are used in many industrial fields such as shoes materials, asphalt modification, plastic modification, adhesive agent, medicine, health products, waterproofing materials, and construction materials, environmental-friendly plastic runway and bicycle tyre.
78GF Score

Get the complete analysis for SHSE:605008

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

¥11.57
Price
¥15.23
GF Value