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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.
Hong Kong Gold Industry GroupHKSE:02623 +1.25%33 Days Inventory is 10.66 as of Dec. 2025, which is 53% below its 10-year median of 22.89. GuruFocus rates HKSE:02623 with a GF Score™ of 33/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 688 Metals & Mining companies, Hong Kong Gold Industry Group ranks better than 94.04% on this metric.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hong Kong Gold Industry Group's Inventory Turnover for the
six
months ended in Dec. 2025 was 17.12.
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.
Hong Kong Gold Industry Group's Inventory-to-Revenue for the
six
months ended in Dec. 2025 was 0.06.
Hong Kong Gold Industry Group (HKSE:02623) 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.
Hong Kong Gold Industry Group's Inventory Turnover for the
six
months ended in Dec. 2025 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.
Hong Kong Gold Industry Group's Inventory to Revenue for the
six
months ended in Dec. 2025 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.
Hong Kong Gold Industry Group Days Inventory Related Terms
Hong Kong Gold Industry 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.
Hong Kong Gold Industry Group Days Inventory Chart
Hong Kong Gold Industry Group Days Inventory Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Hong Kong Gold Industry 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.
Hong Kong Gold Industry Group Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hong Kong Gold Industry Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hong Kong Gold Industry 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.
Hong Kong Gold Industry Group (HKSE:02623) has a Days Inventory of 10.66 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hong Kong Gold Industry Group and its competitors. This is 53% below median its historical median of 22.89. Over the past decade, Hong Kong Gold Industry Group's Days Inventory has ranged from 9.39 to 247.82. According to the industry distribution chart, Hong Kong Gold Industry Group ranks #41 out of 688 companies in the Metals & Mining industry, placing it in the top 6%.
Is Hong Kong Gold Industry Group's Days Inventory too high?
Hong Kong Gold Industry Group's current Days Inventory of 10.66 is 53% below median its 10-year median of 22.89. Over the past 10 years, this metric has ranged from a low of 9.39 to a high of 247.82. The Metals & Mining industry median Days Inventory is 85.79. Hong Kong Gold Industry Group's value of 10.66 is 87.6% below this industry median. Based on the distribution chart, Hong Kong Gold Industry Group ranks #41 out of 688 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Kong Gold Industry Group has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Gold Industry Group's Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, Hong Kong Gold Industry Group ranks #41 out of 688 companies for Days Inventory. This places Hong Kong Gold Industry Group in the top 6% of its industry — outperforming the majority of peers. The industry median Days Inventory is 85.79. Hong Kong Gold Industry Group's value of 10.66 is 87.6% below this benchmark. Historically, Hong Kong Gold Industry Group's own Days Inventory has ranged from 9.39 to 247.82 over the past decade. While the company's 10-year median is 22.89 vs. the industry median of 85.79, Hong Kong Gold Industry Group has consistently been below 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.79, based on 688 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. Hong Kong Gold Industry Group's current Days Inventory of 10.66 is 87.6% below 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 Hong Kong Gold Industry Group and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Gold Industry Group's current Days Inventory is 10.66, which is 53% below median its own 10-year median of 22.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Gold Industry Group stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Gold Industry Group (HKSE:02623) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$4.06 — trading 5692.9% above its estimated fair value. The current Days Inventory is 10.66, which is 53% below median its 10-year median of 22.89 and 87.6% below the Metals & Mining industry median of 85.79. Hong Kong Gold Industry Group's overall GF Score™ is 33/100 with 4 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 Hong Kong Gold Industry Group (HKSE:02623), the current Days Inventory is 10.66 as of Dec. 2025. 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 Hong Kong Gold Industry Group (HKSE:02623) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong Gold Industry Group stock appears to be overvalued.
The current stock price of HK$4.06 is trading 5692.9% above its estimated GF Value™ of HK$0.07.
GuruFocus considers Hong Kong Gold Industry Group to be Significantly Overvalued.
Key valuation signals for HKSE:02623:
Days Inventory: 10.66 (53% below median its 10-year median of 22.89)
GF Value™: HK$0.07 vs. price of HK$4.06 (5692.9% above fair value)
Industry Position: 87.6% below the Metals & Mining median (#41 of 688)
No single metric tells the full story. See the HKSE:02623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Kong Gold Industry Group Ltd, formerly known as Add New Energy Investment Holdings Group Ltd, is an investment holding company. The company and its subsidiaries are principally engaged in iron ore processing, and selling of iron concentrates and other minerals in the People's Republic of China. Its mines include Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Qinjiazhuang Ilmenite, Gaozhuang Shangyu Ilmenite and Luxing Titanium Mine. The businesses of the Group are classified into mining and ore processing, and trading of minerals, which are its two reportable segments. The majority of the company's revenue is derived from the Trading of minerals segment. Geographically, all the revenue of the Group is derived in the PRC.
33GF Score
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