Tonking New Energy Group Holdings (HKSE:08326) Days Inventory: 16.46 (As of Mar. 2026) — 13% Below Median

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HKSE:08326 Tonking New Energy Group Holdings Ltd HKSE:08326
53 GF Score
Price HK$0.14
GF Value HK$0.05
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tonking New Energy Group Holdings Days Inventory?

Tonking New Energy Group Holdings HKSE:08326 -5.96% 53 Days Inventory is 16.46 as of Mar. 2026, which is 13% below its 10-year median of 18.82. GuruFocus rates HKSE:08326 with a GF Score™ of 53/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 342 Utilities - Independent Power Producers companies, Tonking New Energy Group Holdings ranks better than 71.35% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Tonking New Energy Group Holdings's Average Total Inventories for the six months ended in Mar. 2026 was HK$10.6 Mil. Tonking New Energy Group Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$117.6 Mil. Hence, Tonking New Energy Group Holdings's Days Inventory for the six months ended in Mar. 2026 was 16.46.

The historical rank and industry rank for Tonking New Energy Group Holdings's Days Inventory or its related term are showing as below:

HKSE:08326' s Days Inventory Range Over the Past 10 Years
Min: 6.34   Med: 18.82   Max: 27.91
Current: 13.41

During the past 13 years, Tonking New Energy Group Holdings's highest Days Inventory was 27.91. The lowest was 6.34. And the median was 18.82.

HKSE:08326's Days Inventory is ranked better than
71.35% of 342 companies
in the Utilities - Independent Power Producers industry
Industry Median: 26.545 vs HKSE:08326: 13.41

Tonking New Energy Group Holdings's Days Inventory increased from Mar. 2025 (12.42) to Mar. 2026 (16.46). It might indicate that Tonking New Energy Group Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tonking New Energy Group Holdings's Inventory Turnover for the six months ended in Mar. 2026 was 11.09.

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. Tonking New Energy Group Holdings's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.07.


Tonking New Energy Group Holdings  (HKSE:08326) 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.

Tonking New Energy Group Holdings's Inventory Turnover for the six months ended in Mar. 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.

Tonking New Energy Group Holdings's Inventory to Revenue for the six months ended in Mar. 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.


Tonking New Energy Group Holdings Days Inventory Related Terms


Tonking New Energy Group Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Tonking New Energy Group Holdings'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.

Tonking New Energy Group Holdings Days Inventory Chart

Tonking New Energy Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.22 9.08 9.88 6.34 13.60

Tonking New Energy Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 7.37 10.51 12.42 11.20 16.46

Tonking New Energy Group Holdings Days Inventory Competitor Comparison

For the Utilities - Renewable subindustry, Tonking New Energy Group Holdings'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.


Tonking New Energy Group Holdings Days Inventory vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tonking New Energy Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tonking New Energy Group Holdings's Days Inventory falls into.


HKSE:08326
53GF Score
Tonking New Energy Group Holdings Ltd HKSE:08326
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Tonking New Energy Group Holdings Days Inventory Calculation

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

Tonking New Energy Group Holdings's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (11.024 + 10.77) / 2 ) / 292.425*365
=10.897 / 292.425*365
=13.60

Tonking New Energy Group Holdings's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (10.444 + 10.77) / 2 ) / 117.586*365 / 2
=10.607 / 117.586*365 / 2
=16.46

* 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 16.46 mean?
Tonking New Energy Group Holdings (HKSE:08326) has a Days Inventory of 16.46 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tonking New Energy Group Holdings and its competitors. This is 13% below median its historical median of 18.82. Over the past decade, Tonking New Energy Group Holdings' Days Inventory has ranged from 6.34 to 27.91. According to the industry distribution chart, Tonking New Energy Group Holdings ranks #98 out of 342 companies in the Utilities - Independent Power Producers industry, placing it in the top 28.7%.
Is Tonking New Energy Group Holdings' Days Inventory too high?
Tonking New Energy Group Holdings' current Days Inventory of 16.46 is 13% below median its 10-year median of 18.82. Over the past 10 years, this metric has ranged from a low of 6.34 to a high of 27.91. The Utilities - Independent Power Producers industry median Days Inventory is 26.55. Tonking New Energy Group Holdings' value of 16.46 is 38% below this industry median. Based on the distribution chart, Tonking New Energy Group Holdings ranks #98 out of 342 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Tonking New Energy Group Holdings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tonking New Energy Group Holdings' Days Inventory compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Tonking New Energy Group Holdings ranks #98 out of 342 companies for Days Inventory. This puts Tonking New Energy Group Holdings in the upper half of its industry. The industry median Days Inventory is 26.55. Tonking New Energy Group Holdings' value of 16.46 is 38% below this benchmark. Historically, Tonking New Energy Group Holdings' own Days Inventory has ranged from 6.34 to 27.91 over the past decade. While the company's 10-year median is 18.82 vs. the industry median of 26.55, Tonking New Energy Group Holdings 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 an Utilities - Independent Power Producers company?
The median Days Inventory among Utilities - Independent Power Producers companies is 26.55, based on 342 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. Tonking New Energy Group Holdings's current Days Inventory of 16.46 is 38% 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 Tonking New Energy Group Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Days Inventory is 26.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tonking New Energy Group Holdings's current Days Inventory is 16.46, which is 13% below median its own 10-year median of 18.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonking New Energy Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tonking New Energy Group Holdings (HKSE:08326) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.14 — trading 184% above its estimated fair value. The current Days Inventory is 16.46, which is 13% below median its 10-year median of 18.82 and 38% below the Utilities - Independent Power Producers industry median of 26.55. Tonking New Energy Group Holdings' overall GF Score™ is 53/100 with 7 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 Tonking New Energy Group Holdings (HKSE:08326), the current Days Inventory is 16.46 as of Mar. 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 Tonking New Energy Group Holdings (HKSE:08326) Overvalued in 2026?

Based on GuruFocus' analysis, Tonking New Energy Group Holdings stock appears to be overvalued. The current stock price of HK$0.14 is trading 184% above its estimated GF Value™ of HK$0.05. GuruFocus considers Tonking New Energy Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08326:

  • Days Inventory: 16.46 (13% below median its 10-year median of 18.82)
  • GF Value™: HK$0.05 vs. price of HK$0.14 (184% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 38% below the Utilities - Independent Power Producers median (#98 of 342)

No single metric tells the full story. See the HKSE:08326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tonking New Energy Group Holdings Business Description

Address 1 Wellington Street, Room 19, 20th Floor, Silver Fortune Plaza, Central, Hong Kong, HKG
Tonking New Energy Group Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the renewable energy business in the People's Republic of China. The renewable energy business engages in the provision of a one-stop value-added solution for photovoltaic power stations (EPC, maintenance and support, and testing); sales of the patented photovoltaic tracking mounting bracket systems; and sales of electricity.
53GF Score

Get the complete analysis for HKSE:08326

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

HK$0.14
Price
HK$0.05
GF Value