Ningbo United Group Co (SHSE:600051) Inventories, Work In Process: ¥0 Mil (As of Mar. 2026)


SHSE:600051 Ningbo United Group Co Ltd SHSE:600051
55 GF Score
Price ¥5.63
GF Value ¥4.28
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ningbo United Group Co Inventories, Work In Process?

Ningbo United Group Co SHSE:600051 -1.92% 55 Inventories, Work In Process is ¥0 Mil as of Mar. 2026. GuruFocus rates SHSE:600051 with a GF Score™ of 55/100 and a GF Value™ of ¥4.28 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Ningbo United Group Co's work in process for the quarter that ended in Mar. 2026 was ¥0 Mil.

Ningbo United Group Co Inventories, Work In Process Historical Data

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The historical data trend for Ningbo United Group Co's Inventories, Work In Process 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 United Group Co Inventories, Work In Process Chart

Ningbo United Group Co Annual Data
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Ningbo United Group Co Quarterly Data
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SHSE:600051
55GF Score
Ningbo United Group Co Ltd SHSE:600051
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo United Group Co Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of ¥0 Mil mean?
Ningbo United Group Co (SHSE:600051) has a Inventories, Work In Process of ¥0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Ningbo United Group Co and its competitors.
Is Ningbo United Group Co's Inventories, Work In Process too high?
Ningbo United Group Co's current Inventories, Work In Process is ¥0 Mil. Overall, Ningbo United Group Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's Inventories, Work In Process compare to GWW and FAST?
Ningbo United Group Co's Inventories, Work In Process of ¥0 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Industrial Distribution company?
A good Inventories, Work In Process depends on the Industrial Distribution industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Ningbo United Group Co and its competitors. Ningbo United Group Co's current Inventories, Work In Process is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.28, compared to a current price of ¥5.63 — trading 31.5% above its estimated fair value. The current Inventories, Work In Process is ¥0 Mil. Ningbo United Group Co's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Ningbo United Group Co (SHSE:600051), the current Inventories, Work In Process is ¥0 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 United Group Co (SHSE:600051) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued. The current stock price of ¥5.63 is trading 31.5% above its estimated GF Value™ of ¥4.28. GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600051:

  • Inventories, Work In Process: ¥0 Mil
  • GF Value™: ¥4.28 vs. price of ¥5.63 (31.5% above fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo United Group Co Business Description

Address United Building No. 1 Donghai Road, Economic Development Zone, Zhejiang Province, Ningbo, CHN, 315803
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
55GF Score

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

¥5.63
Price
¥4.28
GF Value