Sobute New Materials Co (SHSE:603916) Inventories, Work In Process: ¥229 Mil (As of Jun. 2026)

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SHSE:603916 Sobute New Materials Co Ltd SHSE:603916
79 GF Score
Price ¥10.97
GF Value ¥9.16
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Sobute New Materials Co Inventories, Work In Process?

Sobute New Materials Co SHSE:603916 +1.29% 79 Inventories, Work In Process is ¥229 Mil as of Jun. 2026. GuruFocus rates SHSE:603916 with a GF Score™ of 79/100 and a GF Value™ of ¥9.16 (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. Sobute New Materials Co's work in process for the quarter that ended in Jun. 2026 was ¥229 Mil.

Sobute New Materials Co Inventories, Work In Process Historical Data

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The historical data trend for Sobute New Materials 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.

Sobute New Materials Co Inventories, Work In Process Chart

Sobute New Materials 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 251.69 244.39 225.91 176.42 242.63

Sobute New Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 239.84 - 242.63 - 229.39
SHSE:603916
79GF Score
Sobute New Materials Co Ltd SHSE:603916
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Sobute New Materials 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 ¥229 Mil mean?
Sobute New Materials Co (SHSE:603916) has a Inventories, Work In Process of ¥229 Mil as of Jun. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Sobute New Materials Co and its competitors.
Is Sobute New Materials Co's Inventories, Work In Process too high?
Sobute New Materials Co's current Inventories, Work In Process is ¥229 Mil. Overall, Sobute New Materials Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sobute New Materials Co's Inventories, Work In Process compare to CRH and MLM?
Sobute New Materials Co's Inventories, Work In Process of ¥229 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Inventories, Work In Process depends on the Building Materials 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 Sobute New Materials Co and its competitors. Sobute New Materials Co's current Inventories, Work In Process is ¥229 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sobute New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Sobute New Materials Co (SHSE:603916) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.16, compared to a current price of ¥10.97 — trading 19.8% above its estimated fair value. The current Inventories, Work In Process is ¥229 Mil. Sobute New Materials Co's overall GF Score™ is 79/100 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 Sobute New Materials Co (SHSE:603916), the current Inventories, Work In Process is ¥229 Mil as of Jun. 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 Sobute New Materials Co (SHSE:603916) Overvalued in 2026?

Based on GuruFocus' analysis, Sobute New Materials Co stock appears to be overvalued. The current stock price of ¥10.97 is trading 19.8% above its estimated GF Value™ of ¥9.16. GuruFocus considers Sobute New Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:603916:

  • Inventories, Work In Process: ¥229 Mil
  • GF Value™: ¥9.16 vs. price of ¥10.97 (19.8% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sobute New Materials Co Business Description

Address Chun Street Liquan Road 118, Jiangning District, Nanjing, CHN, 211100
Sobute New Materials Co Ltd is a civil engineering material supplier. It is engaged in the research and development, production and sales of concrete admixtures. The company's products include Cement and concrete admixtures; Grouting material; Road construction material; and Building fiber.
79GF Score

Get the complete analysis for SHSE:603916

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

¥10.97
Price
¥9.16
GF Value