Tangshan Haitai New Energy Technology Co (BJSE:920985) Days Inventory: 856.12 (As of Jun. 2026) — 1836% Above Median

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BJSE:920985 Tangshan Haitai New Energy Technology Co Ltd BJSE:920985
45 GF Score
Price ¥4.77
GF Value ¥2.75
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Tangshan Haitai New Energy Technology Co Days Inventory?

Tangshan Haitai New Energy Technology Co BJSE:920985 45 Days Inventory is 856.12 as of Jun. 2026, which is 1836% above its 10-year median of 44.22. GuruFocus rates BJSE:920985 with a GF Score™ of 45/100 and a GF Value™ of ¥2.75 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 991 Semiconductors companies, Tangshan Haitai New Energy Technology Co ranks worse than 95.66% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Tangshan Haitai New Energy Technology Co's Average Total Inventories for the three months ended in Jun. 2026 was ¥1,623 Mil. Tangshan Haitai New Energy Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥173 Mil. Hence, Tangshan Haitai New Energy Technology Co's Days Inventory for the three months ended in Jun. 2026 was 856.12.

The historical rank and industry rank for Tangshan Haitai New Energy Technology Co's Days Inventory or its related term are showing as below:

BJSE:920985' s Days Inventory Range Over the Past 10 Years
Min: 25.28   Med: 44.22   Max: 550.75
Current: 550.75

During the past 13 years, Tangshan Haitai New Energy Technology Co's highest Days Inventory was 550.75. The lowest was 25.28. And the median was 44.22.

BJSE:920985's Days Inventory is ranked worse than
95.66% of 991 companies
in the Semiconductors industry
Industry Median: 112.93 vs BJSE:920985: 550.75

Tangshan Haitai New Energy Technology Co's Days Inventory increased from Jun. 2025 (216.52) to Jun. 2026 (856.12). It might indicate that Tangshan Haitai New Energy Technology Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tangshan Haitai New Energy Technology Co's Inventory Turnover for the three months ended in Jun. 2026 was 0.11.

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. Tangshan Haitai New Energy Technology Co's Inventory-to-Revenue for the three months ended in Jun. 2026 was 10.19.


Tangshan Haitai New Energy Technology Co  (BJSE:920985) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Tangshan Haitai New Energy Technology Co's Inventory Turnover for the three months ended in Jun. 2026 is calculated as

2. 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.

Tangshan Haitai New Energy Technology Co's Inventory to Revenue for the three months ended in Jun. 2026 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Tangshan Haitai New Energy Technology Co Days Inventory Related Terms


Tangshan Haitai New Energy Technology Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Tangshan Haitai New Energy Technology Co's Days 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.

Tangshan Haitai New Energy Technology Co Days Inventory Chart

Tangshan Haitai New Energy Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.15 43.59 77.03 143.73 338.94

Tangshan Haitai New Energy Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Inventory 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 216.52 574.12 578.21 348.52 856.12

BJSE:920985 vs FSLR, NXT, ENPH: Days Inventory Comparison

For the Solar subindustry, Tangshan Haitai New Energy Technology Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tangshan Haitai New Energy Technology Co Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tangshan Haitai New Energy Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tangshan Haitai New Energy Technology Co's Days Inventory falls into.


BJSE:920985
45GF Score
Tangshan Haitai New Energy Technology Co Ltd BJSE:920985
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tangshan Haitai New Energy Technology Co Days Inventory Calculation

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

Tangshan Haitai New Energy Technology Co's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1621.314 + 1599.111) / 2 ) / 1734.024*365
=1610.2125 / 1734.024*365
=338.94

Tangshan Haitai New Energy Technology Co's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1443.716 + 1802.793) / 2 ) / 173.015*365 / 4
=1623.2545 / 173.015*365 / 4
=856.12

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 856.12 mean?
Tangshan Haitai New Energy Technology Co (BJSE:920985) has a Days Inventory of 856.12 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tangshan Haitai New Energy Technology Co and its competitors. This is 1836% above median its historical median of 44.22. Over the past decade, Tangshan Haitai New Energy Technology Co's Days Inventory has ranged from 25.28 to 550.75. According to the industry distribution chart, Tangshan Haitai New Energy Technology Co ranks #948 out of 991 companies in the Semiconductors industry, placing it in the top 95.7%.
Is Tangshan Haitai New Energy Technology Co's Days Inventory too high?
Tangshan Haitai New Energy Technology Co's current Days Inventory of 856.12 is 1836% above median its 10-year median of 44.22. Over the past 10 years, this metric has ranged from a low of 25.28 to a high of 550.75. The Semiconductors industry median Days Inventory is 112.93. Tangshan Haitai New Energy Technology Co's value of 856.12 is 658.1% above this industry median. Based on the distribution chart, Tangshan Haitai New Energy Technology Co ranks #948 out of 991 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Tangshan Haitai New Energy Technology Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tangshan Haitai New Energy Technology Co's Days Inventory compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Tangshan Haitai New Energy Technology Co ranks #948 out of 991 companies for Days Inventory. This places Tangshan Haitai New Energy Technology Co in the lower half of its industry. The industry median Days Inventory is 112.93. Tangshan Haitai New Energy Technology Co's value of 856.12 is 658.1% above this benchmark. Historically, Tangshan Haitai New Energy Technology Co's own Days Inventory has ranged from 25.28 to 550.75 over the past decade. While the company's 10-year median is 44.22 vs. the industry median of 112.93, Tangshan Haitai New Energy Technology Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Semiconductors company?
The median Days Inventory among Semiconductors companies is 112.93, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tangshan Haitai New Energy Technology Co's current Days Inventory of 856.12 is 658.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tangshan Haitai New Energy Technology Co and its competitors. For the Semiconductors industry, the median Days Inventory is 112.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tangshan Haitai New Energy Technology Co's current Days Inventory is 856.12, which is 1836% above median its own 10-year median of 44.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tangshan Haitai New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tangshan Haitai New Energy Technology Co (BJSE:920985) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.75, compared to a current price of ¥4.77 — trading 73.5% above its estimated fair value. The current Days Inventory is 856.12, which is 1836% above median its 10-year median of 44.22 and 658.1% above the Semiconductors industry median of 112.93. Tangshan Haitai New Energy Technology Co's overall GF Score™ is 45/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Tangshan Haitai New Energy Technology Co (BJSE:920985), the current Days Inventory is 856.12 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 Tangshan Haitai New Energy Technology Co (BJSE:920985) Overvalued in 2026?

Based on GuruFocus' analysis, Tangshan Haitai New Energy Technology Co stock appears to be overvalued. The current stock price of ¥4.77 is trading 73.5% above its estimated GF Value™ of ¥2.75. GuruFocus considers Tangshan Haitai New Energy Technology Co to be Significantly Overvalued.

Key valuation signals for BJSE:920985:

  • Days Inventory: 856.12 (1836% above median its 10-year median of 44.22)
  • GF Value™: ¥2.75 vs. price of ¥4.77 (73.5% above fair value)
  • GF Score™: 45/100 with 9 warning signs
  • Industry Position: 658.1% above the Semiconductors median (#948 of 991)

No single metric tells the full story. See the BJSE:920985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tangshan Haitai New Energy Technology Co Business Description

Address Yutai Industrial Zone, Yutian County, Hebei Province, Tangshan City, CHN, 064100
Tangshan Haitai New Energy Technology Co Ltd engages in research and development, production, processing, and sales of crystalline silicon solar photovoltaic modules. Its products comprise electronic components, special ceramic products, solar cells, silicon wafers, and silicon ingots.
45GF Score

Get the complete analysis for BJSE:920985

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.77
Price
¥2.75
GF Value