China New City Group (HKSE:01321) Change In Inventory : HK$-990 Mil (TTM As of Jun. 2024)

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What is China New City Group Change In Inventory?

China New City Group's change in inventory for the quarter that ended in Jun. 2024 was HK$-539 Mil. It means China New City Group's inventory increased by HK$539 Mil from Dec. 2023 to Jun. 2024 .

China New City Group's change in inventory for the fiscal year that ended in Dec. 2023 was HK$-358 Mil. It means China New City Group's inventory increased by HK$358 Mil from Dec. 2022 to Dec. 2023 .

China New City Group's Total Inventories for the quarter that ended in Jun. 2024 was HK$4,503 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China New City Group's Days Inventory for the quarter that ended in Jun. 2024 was 538.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. China New City Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.34.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. China New City Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.35.

China New City Group Change In Inventory Historical Data

The historical data trend for China New City Group's Change In Inventory 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.

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China New City Group Change In Inventory Chart

China New City Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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161.38

-655.79

-1,017.36

-947.46

-357.89

China New City Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-888.66	-100.86	93.13	-451.01	-539.24

China New City Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-990 Mil.

China New City Group (HKSE:01321) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China New City Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4261.1475	/	1444.913	*	365 / 2
	=	538.21

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

China New City Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1444.913	/	4261.1475
	=	0.34

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

China New City Group's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4261.1475	/	3145.417
	=	1.35

China New City Group Change In Inventory Related Terms

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China New City Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China New City Group Ltd (HKSE:01321) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Long Zhang Road, 5th Floor, Building 6, Xinhang Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN

Website

http://www.chinanewcity.com.cn

China New City Group Ltd is an investment holding company. The Group is principally engaged in commercial property development, commercial operation and hotel management. The company's operating segments are The commercial property development segment which develops and sells commercial properties in Mainland China; The property rental segment which leases investment properties in Mainland China; The hotel operations segment which owns and operates a hotel; and Other segment comprising the company's property management services business, which provides management and security services to commercial properties. The commercial property development segment contributes to the majority of the revenue. The company earns the majority of its revenue from Mainland China.

Executives

Whole Good Management Limited
Ideal World Investments Limited
Zhong An Group Limited
Shi Zhongan	2201 Interest of corporation controlled by you
Shi Kancheng

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