Ningbo Shimao Energy Co (SHSE:605028) Days Inventory: 19.82 (As of Mar. 2026) — 28% Above Median

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SHSE:605028 Ningbo Shimao Energy Co Ltd SHSE:605028
69 GF Score
Price ¥26.90
GF Value ¥14.83
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ningbo Shimao Energy Co Days Inventory?

Ningbo Shimao Energy Co SHSE:605028 -0.63% 69 Days Inventory is 19.82 as of Mar. 2026, which is 28% above its 10-year median of 15.53. GuruFocus rates SHSE:605028 with a GF Score™ of 69/100 and a GF Value™ of ¥14.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 335 Utilities - Independent Power Producers companies, Ningbo Shimao Energy Co ranks better than 62.39% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ningbo Shimao Energy Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥7.3 Mil. Ningbo Shimao Energy Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥33.6 Mil. Hence, Ningbo Shimao Energy Co's Days Inventory for the three months ended in Mar. 2026 was 19.82.

The historical rank and industry rank for Ningbo Shimao Energy Co's Days Inventory or its related term are showing as below:

SHSE:605028' s Days Inventory Range Over the Past 10 Years
Min: 12.79   Med: 15.53   Max: 24.26
Current: 18.31

During the past 10 years, Ningbo Shimao Energy Co's highest Days Inventory was 24.26. The lowest was 12.79. And the median was 15.53.

SHSE:605028's Days Inventory is ranked better than
62.39% of 335 companies
in the Utilities - Independent Power Producers industry
Industry Median: 27.9 vs SHSE:605028: 18.31

Ningbo Shimao Energy Co's Days Inventory increased from Mar. 2025 (17.57) to Mar. 2026 (19.82). It might indicate that Ningbo Shimao Energy Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Shimao Energy Co's Inventory Turnover for the three months ended in Mar. 2026 was 4.60.

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. Ningbo Shimao Energy Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.10.


Ningbo Shimao Energy Co  (SHSE:605028) 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.

Ningbo Shimao Energy Co's Inventory Turnover for the three 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.

Ningbo Shimao Energy Co's Inventory to Revenue for the three 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.


Ningbo Shimao Energy Co Days Inventory Related Terms


Ningbo Shimao Energy Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Ningbo Shimao Energy 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.

Ningbo Shimao Energy Co Days Inventory Chart

Ningbo Shimao Energy 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 16.47 18.66 24.26 21.79 19.42

Ningbo Shimao Energy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 17.57 17.61 19.40 18.70 19.82

Ningbo Shimao Energy Co Days Inventory Competitor Comparison

For the Utilities - Renewable subindustry, Ningbo Shimao Energy 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.


Ningbo Shimao Energy Co Days Inventory vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ningbo Shimao Energy Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ningbo Shimao Energy Co's Days Inventory falls into.


SHSE:605028
69GF Score
Ningbo Shimao Energy Co Ltd SHSE:605028
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Shimao Energy Co Days Inventory Calculation

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

Ningbo Shimao Energy 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
=( (7.888 + 7.88) / 2 ) / 148.158*365
=7.884 / 148.158*365
=19.42

Ningbo Shimao Energy Co'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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (7.88 + 6.736) / 2 ) / 33.648*365 / 4
=7.308 / 33.648*365 / 4
=19.82

* 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 19.82 mean?
Ningbo Shimao Energy Co (SHSE:605028) has a Days Inventory of 19.82 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ningbo Shimao Energy Co and its competitors. This is 28% above median its historical median of 15.53. Over the past decade, Ningbo Shimao Energy Co's Days Inventory has ranged from 12.79 to 24.26. According to the industry distribution chart, Ningbo Shimao Energy Co ranks #126 out of 335 companies in the Utilities - Independent Power Producers industry, placing it in the top 37.6%.
Is Ningbo Shimao Energy Co's Days Inventory too high?
Ningbo Shimao Energy Co's current Days Inventory of 19.82 is 28% above median its 10-year median of 15.53. Over the past 10 years, this metric has ranged from a low of 12.79 to a high of 24.26. The Utilities - Independent Power Producers industry median Days Inventory is 27.90. Ningbo Shimao Energy Co's value of 19.82 is 29% below this industry median. Based on the distribution chart, Ningbo Shimao Energy Co ranks #126 out of 335 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Ningbo Shimao Energy Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shimao Energy Co's Days Inventory compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ningbo Shimao Energy Co ranks #126 out of 335 companies for Days Inventory. This puts Ningbo Shimao Energy Co in the upper half of its industry. The industry median Days Inventory is 27.90. Ningbo Shimao Energy Co's value of 19.82 is 29% below this benchmark. Historically, Ningbo Shimao Energy Co's own Days Inventory has ranged from 12.79 to 24.26 over the past decade. While the company's 10-year median is 15.53 vs. the industry median of 27.90, Ningbo Shimao Energy Co 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 27.90, based on 335 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. Ningbo Shimao Energy Co's current Days Inventory of 19.82 is 29% 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 Ningbo Shimao Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Inventory is 27.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Shimao Energy Co's current Days Inventory is 19.82, which is 28% above median its own 10-year median of 15.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shimao Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Shimao Energy Co (SHSE:605028) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.83, compared to a current price of ¥26.90 — trading 81.4% above its estimated fair value. The current Days Inventory is 19.82, which is 28% above median its 10-year median of 15.53 and 29% below the Utilities - Independent Power Producers industry median of 27.90. Ningbo Shimao Energy Co's overall GF Score™ is 69/100 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 Ningbo Shimao Energy Co (SHSE:605028), the current Days Inventory is 19.82 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 Ningbo Shimao Energy Co (SHSE:605028) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Shimao Energy Co stock appears to be overvalued. The current stock price of ¥26.90 is trading 81.4% above its estimated GF Value™ of ¥14.83. GuruFocus considers Ningbo Shimao Energy Co to be Significantly Overvalued.

Key valuation signals for SHSE:605028:

  • Days Inventory: 19.82 (28% above median its 10-year median of 15.53)
  • GF Value™: ¥14.83 vs. price of ¥26.90 (81.4% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 29% below the Utilities - Independent Power Producers median (#126 of 335)

No single metric tells the full story. See the SHSE:605028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Shimao Energy Co Business Description

Address No. 8, Guangxing Road, Binhai Industrial Park, Xiaocao\'e Town, Zhejiang Province, Yuyao, CHN, 315475
Ningbo Shimao Energy Co Ltd is a cogeneration company with domestic waste and coal as the main raw materials. It provides central heating for the Sino-Italian Ningbo Ecological Park and the surrounding electroplating and food parks for the only regional cogeneration company in the area.
69GF Score

Get the complete analysis for SHSE:605028

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

¥26.90
Price
¥14.83
GF Value