Fulongma Group Co (SHSE:603686) Inventories, Work In Process: ¥0 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603686 Fulongma Group Co Ltd SHSE:603686
77 GF Score
Price ¥12.70
GF Value ¥10.67
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Fulongma Group Co Inventories, Work In Process?

Fulongma Group Co SHSE:603686 +1.76% 77 Inventories, Work In Process is ¥0 Mil as of Mar. 2026. GuruFocus rates SHSE:603686 with a GF Score™ of 77/100 and a GF Value™ of ¥10.67 (Modestly Overvalued). The stock has 6 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. Fulongma Group Co's work in process for the quarter that ended in Mar. 2026 was ¥0 Mil.


Fulongma Group Co Inventories, Work In Process Historical Data

* Premium members only.

The historical data trend for Fulongma 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.

Fulongma Group Co Inventories, Work In Process Chart

Fulongma Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.42 63.23 69.35 46.21 39.39

Fulongma Group Co Quarterly Data
Jun21 Sep21 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 22.70 0.00 39.39 0.00
SHSE:603686
77GF Score
Fulongma Group Co Ltd SHSE:603686
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fulongma 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?
Fulongma Group Co (SHSE:603686) 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 Fulongma Group Co and its competitors.
Is Fulongma Group Co's Inventories, Work In Process too high?
Fulongma Group Co's current Inventories, Work In Process is ¥0 Mil. Overall, Fulongma Group Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fulongma Group Co's Inventories, Work In Process compare to VLTO and ZWS?
Fulongma Group Co's Inventories, Work In Process of ¥0 Mil can be compared against companies in the Industrial Products 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 Products company?
A good Inventories, Work In Process depends on the Industrial Products 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 Fulongma Group Co and its competitors. Fulongma 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 Fulongma Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fulongma Group Co (SHSE:603686) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.67, compared to a current price of ¥12.70 — trading 19% above its estimated fair value. The current Inventories, Work In Process is ¥0 Mil. Fulongma Group Co's overall GF Score™ is 77/100 with 6 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 Fulongma Group Co (SHSE:603686), 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 Fulongma Group Co (SHSE:603686) Overvalued in 2026?

Based on GuruFocus' analysis, Fulongma Group Co stock appears to be overvalued. The current stock price of ¥12.70 is trading 19% above its estimated GF Value™ of ¥10.67. GuruFocus considers Fulongma Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:603686:

  • Inventories, Work In Process: ¥0 Mil
  • GF Value™: ¥10.67 vs. price of ¥12.70 (19% above fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulongma Group Co Business Description

Address No. 42, Longteng South Road, Donghua Community, Dongxiao Town, Xinluo District, Fujian Province, Longyan, CHN, 364028
Fulongma Group Co Ltd supplies Chinese professionalization environmental sanitation equipment. The company is engaged in the research and development, production, selling, and services of the specialized cleaning vehicle, garbage, collecting and transporting vehicle and other equipment that are mainly used in the environmental sanitation department, municipal works, and road cleaning. Some of its products are Sweeping and Clean-keeping series, Garbage collection, and others.
77GF Score

Get the complete analysis for SHSE:603686

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

¥12.70
Price
¥10.67
GF Value