Zhejiang Rongtai Electric Material Co (SHSE:603119) Inventories, Work In Process: ¥0 Mil (As of Mar. 2026)

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SHSE:603119 Zhejiang Rongtai Electric Material Co Ltd SHSE:603119
88 GF Score
Price ¥54.49
GF Value ¥30.26
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Zhejiang Rongtai Electric Material Co Inventories, Work In Process?

Zhejiang Rongtai Electric Material Co SHSE:603119 +1.66% 88 Inventories, Work In Process is ¥0 Mil as of Mar. 2026. GuruFocus rates SHSE:603119 with a GF Score™ of 88/100 and a GF Value™ of ¥30.26 (Significantly Overvalued). The stock has 2 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. Zhejiang Rongtai Electric Material Co's work in process for the quarter that ended in Mar. 2026 was ¥0 Mil.

Zhejiang Rongtai Electric Material Co Inventories, Work In Process Historical Data

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The historical data trend for Zhejiang Rongtai Electric Material 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.

Zhejiang Rongtai Electric Material Co Inventories, Work In Process Chart

Zhejiang Rongtai Electric Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Work In Process
Get a 7-Day Free Trial 11.73 5.38 2.00 6.97 26.78

Zhejiang Rongtai Electric Material Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process 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 0.00 15.32 0.00 26.78 0.00
SHSE:603119
88GF Score
Zhejiang Rongtai Electric Material Co Ltd SHSE:603119
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Rongtai Electric Material 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?
Zhejiang Rongtai Electric Material Co (SHSE:603119) 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 Zhejiang Rongtai Electric Material Co and its competitors.
Is Zhejiang Rongtai Electric Material Co's Inventories, Work In Process too high?
Zhejiang Rongtai Electric Material Co's current Inventories, Work In Process is ¥0 Mil. Overall, Zhejiang Rongtai Electric Material Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Rongtai Electric Material Co's Inventories, Work In Process compare to APH and GLW?
Zhejiang Rongtai Electric Material Co's Inventories, Work In Process of ¥0 Mil can be compared against companies in the Hardware 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 a Hardware company?
A good Inventories, Work In Process depends on the Hardware 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 Zhejiang Rongtai Electric Material Co and its competitors. Zhejiang Rongtai Electric Material 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 Zhejiang Rongtai Electric Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Rongtai Electric Material Co (SHSE:603119) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥30.26, compared to a current price of ¥54.49 — trading 80.1% above its estimated fair value. The current Inventories, Work In Process is ¥0 Mil. Zhejiang Rongtai Electric Material Co's overall GF Score™ is 88/100 with 2 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 Zhejiang Rongtai Electric Material Co (SHSE:603119), 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 Zhejiang Rongtai Electric Material Co (SHSE:603119) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Rongtai Electric Material Co stock appears to be overvalued. The current stock price of ¥54.49 is trading 80.1% above its estimated GF Value™ of ¥30.26. GuruFocus considers Zhejiang Rongtai Electric Material Co to be Significantly Overvalued.

Key valuation signals for SHSE:603119:

  • Inventories, Work In Process: ¥0 Mil
  • GF Value™: ¥30.26 vs. price of ¥54.49 (80.1% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Rongtai Electric Material Co Business Description

Address No. 308, Zhongxing Road, Fengqiao Town, Nanhu, Zhejiang, Jiaxing, CHN, 314007
Zhejiang Rongtai Electric Material Co Ltd is a high-tech enterprise specializing in the research, development, production, and sales of new composite materials of high temperature resistant insulating mica with multiple plants in Zhejiang and Hunan, and is one of the global market leaders in mica products. Its main products include mica rigid materials, flexible materials, heat generating components, thermal management mica safety components and various mica derivative products. its mica products are widely used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances and other related industrial fields, and provide customers with professional one-stop system solutions for electrical and thermal insulation.
88GF 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.

¥54.49
Price
¥30.26
GF Value