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New City Development GroupHKSE:00456 -18.52%26 Days Inventory is 13,533.27 as of Jun. 2026, which is 651% above its 10-year median of 1,802.16. GuruFocus rates HKSE:00456 with a GF Score™ of 26/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,323 Real Estate companies, New City Development Group ranks worse than 90.17% on this metric.
The historical rank and industry rank for New City Development Group's Days Inventory or its related term are showing as below:
HKSE:00456'
s Days Inventory Range Over the Past 10 Years
Min: 80.78 Med: 1802.16 Max: 25684.66
Current: 4011.05
During the past 13 years, New City Development Group's highest Days Inventory was 25684.66. The lowest was 80.78. And the median was 1802.16.
HKSE:00456's Days Inventory is ranked worse than 90.17% of 1323
companies
in the Real Estate industry
Industry Median: 683.19
vs HKSE:00456: 4011.05
New City Development Group's Days Inventory
declined
from Jun. 2025 (30,097.47) to Jun. 2026 (13,533.27).
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.
New City Development Group's Inventory Turnover for the
six
months ended in Jun. 2026 was 0.01.
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.
New City Development Group's Inventory-to-Revenue for the
six
months ended in Jun. 2026 was 68.51.
New City Development Group (HKSE:00456) 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.
New City Development Group's Inventory Turnover for the
six
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.
New City Development Group's Inventory to Revenue for the
six
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.
New City Development Group Days Inventory Related Terms
New City Development Group Days Inventory Historical Data
* 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.
New City Development Group Days Inventory Competitor Comparison
For the Real Estate - Development subindustry, New City Development Group'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.
New City Development Group Days Inventory vs Real Estate Industry
For the Real Estate industry and Real Estate sector, New City Development Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where New City Development Group's Days Inventory falls into.
* 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.
New City Development Group (HKSE:00456) has a Days Inventory of 13,533.27 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on New City Development Group and its competitors. This is 651% above median its historical median of 1,802.16. Over the past decade, New City Development Group's Days Inventory has ranged from 80.78 to 25,684.66. According to the industry distribution chart, New City Development Group ranks #1193 out of 1323 companies in the Real Estate industry, placing it in the top 90.2%.
Is New City Development Group's Days Inventory too high?
New City Development Group's current Days Inventory of 13,533.27 is 651% above median its 10-year median of 1,802.16. Over the past 10 years, this metric has ranged from a low of 80.78 to a high of 25,684.66. The Real Estate industry median Days Inventory is 683.19. New City Development Group's value of 13,533.27 is 1880.9% above this industry median. Based on the distribution chart, New City Development Group ranks #1193 out of 1323 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, New City Development Group has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New City Development Group's Days Inventory compare to competitors?
According to the Real Estate industry distribution chart, New City Development Group ranks #1193 out of 1323 companies for Days Inventory. This places New City Development Group in the lower half of its industry. The industry median Days Inventory is 683.19. New City Development Group's value of 13,533.27 is 1880.9% above this benchmark. Historically, New City Development Group's own Days Inventory has ranged from 80.78 to 25,684.66 over the past decade. While the company's 10-year median is 1,802.16 vs. the industry median of 683.19, New City Development Group 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 Real Estate company?
The median Days Inventory among Real Estate companies is 683.19, based on 1,323 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. New City Development Group's current Days Inventory of 13,533.27 is 1880.9% 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 New City Development Group and its competitors. For the Real Estate industry, the median Days Inventory is 683.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New City Development Group's current Days Inventory is 13,533.27, which is 651% above median its own 10-year median of 1,802.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New City Development Group stock overvalued right now?
Based on GuruFocus' analysis, New City Development Group (HKSE:00456) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.44 — trading 300% above its estimated fair value. The current Days Inventory is 13,533.27, which is 651% above median its 10-year median of 1,802.16 and 1880.9% above the Real Estate industry median of 683.19. New City Development Group's overall GF Score™ is 26/100 with 8 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 New City Development Group (HKSE:00456), the current Days Inventory is 13,533.27 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 New City Development Group (HKSE:00456) Overvalued in 2026?
Based on GuruFocus' analysis, New City Development Group stock appears to be overvalued.
The current stock price of HK$0.44 is trading 300% above its estimated GF Value™ of HK$0.11.
GuruFocus considers New City Development Group to be Significantly Overvalued.
Key valuation signals for HKSE:00456:
Days Inventory: 13,533.27 (651% above median its 10-year median of 1,802.16)
GF Value™: HK$0.11 vs. price of HK$0.44 (300% above fair value)
Industry Position: 1880.9% above the Real Estate median (#1193 of 1323)
No single metric tells the full story. See the HKSE:00456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New City Development Group Ltd is an investment holding company, engaged in property development and investment, retail and consumer spending related businesses operation and construction materials supply chain in the People's Republic of China (the PRC). The company operates in three segments: Property development and investment; Retail and consumer spending related businesses operation, and Construction materials supply chain. It operates mainly in the People's Republic of China. The company generates a vast majority of its revenue from the Property development and investment.
26GF Score
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