Qijing Machinery Co (SHSE:603677) Inventories, Finished Goods: ¥176 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:603677 Qijing Machinery Co Ltd SHSE:603677
71 GF Score
Price ¥13.20
GF Value ¥15.95
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Qijing Machinery Co Inventories, Finished Goods?

Qijing Machinery Co SHSE:603677 -3.15% 71 Inventories, Finished Goods is ¥176 Mil as of Jun. 2026. GuruFocus rates SHSE:603677 with a GF Score™ of 71/100 and a GF Value™ of ¥15.95 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Qijing Machinery Co's quarterly finished goods declined from Dec. 2025 (¥175 Mil) to Mar. 2026 (¥0 Mil) but then increased from Mar. 2026 (¥0 Mil) to Jun. 2026 (¥176 Mil).

Qijing Machinery Co's annual finished goods increased from Dec. 2023 (¥177 Mil) to Dec. 2024 (¥190 Mil) but then declined from Dec. 2024 (¥190 Mil) to Dec. 2025 (¥175 Mil).


Qijing Machinery Co Inventories, Finished Goods Historical Data

* Premium members only.

The historical data trend for Qijing Machinery Co's Inventories, Finished Goods 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.

Qijing Machinery Co Inventories, Finished Goods Chart

Qijing Machinery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.69 154.97 177.28 189.70 175.37

Qijing Machinery Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Finished Goods 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 171.38 0.00 175.37 0.00 175.74
SHSE:603677
71GF Score
Qijing Machinery Co Ltd SHSE:603677
Inventories, Finished Goods is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qijing Machinery Co Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of ¥176 Mil mean?
Qijing Machinery Co (SHSE:603677) has a Inventories, Finished Goods of ¥176 Mil as of Jun. 2026. Finished goods are inventory items that are complete and ready to be sold. View historical data on Qijing Machinery Co and its competitors.
Is Qijing Machinery Co's Inventories, Finished Goods too high?
Qijing Machinery Co's current Inventories, Finished Goods is ¥176 Mil. Overall, Qijing Machinery Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qijing Machinery Co's Inventories, Finished Goods compare to ORLY and AZO?
Qijing Machinery Co's Inventories, Finished Goods of ¥176 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Finished Goods for a Vehicles & Parts company?
A good Inventories, Finished Goods depends on the Vehicles & Parts industry context. However, Inventories, Finished Goods should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on Qijing Machinery Co and its competitors. Qijing Machinery Co's current Inventories, Finished Goods is ¥176 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qijing Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Qijing Machinery Co (SHSE:603677) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.95, compared to a current price of ¥13.20 — trading 17.2% below its estimated fair value. The current Inventories, Finished Goods is ¥176 Mil. Qijing Machinery Co's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For Qijing Machinery Co (SHSE:603677), the current Inventories, Finished Goods is ¥176 Mil 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 Qijing Machinery Co (SHSE:603677) Overvalued in 2026?

Based on GuruFocus' analysis, Qijing Machinery Co stock appears to be undervalued. The current stock price of ¥13.20 is trading 17.2% below its estimated GF Value™ of ¥15.95. GuruFocus considers Qijing Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603677:

  • Inventories, Finished Goods: ¥176 Mil
  • GF Value™: ¥15.95 vs. price of ¥13.20 (17.2% below fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603677 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qijing Machinery Co Business Description

Address No. 289 Qixiang North Road, Yuelong Street, Ninghai County, Zhejiang Province, Ningbo, CHN, 315609
Qijing Machinery Co Ltd is a China based manufacturing company focused on the fine machining process. It is engaged in the business of designing, manufacturing and selling of washing machine gearcase, home appliance parts, auto parts, and power tools.
71GF Score

Get the complete analysis for SHSE:603677

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

¥13.20
Price
¥15.95
GF Value