Zhongmin Energy Co (SHSE:600163) Inventory Turnover: 4.22 (As of Mar. 2026)

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SHSE:600163 Zhongmin Energy Co Ltd SHSE:600163
74 GF Score
Price ¥5.31
GF Value ¥5.29
Valuation Fairly Valued
! 5 Warning Signs
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What is Zhongmin Energy Co Inventory Turnover?

Zhongmin Energy Co SHSE:600163 -1.12% 74 Inventory Turnover is 4.22 as of Mar. 2026. GuruFocus rates SHSE:600163 with a GF Score™ of 74/100 and a GF Value™ of ¥5.29 (Fairly Valued). The stock has 5 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Zhongmin Energy Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥172 Mil. Zhongmin Energy Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥41 Mil. Zhongmin Energy Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhongmin Energy Co's Days Inventory for the three months ended in Mar. 2026 was 21.61.

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. Zhongmin Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.09.


Zhongmin Energy Co  (SHSE:600163) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Zhongmin Energy Co's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=40.765/172.123*365 / 4
=21.61

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.

Zhongmin Energy Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=40.765 / 463.326
=0.09

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Zhongmin Energy Co Inventory Turnover Related Terms


Zhongmin Energy Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Zhongmin Energy Co's Inventory Turnover 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.

Zhongmin Energy Co Inventory Turnover Chart

Zhongmin Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.70 20.25 21.63 19.20 17.04

Zhongmin Energy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 3.55 3.77 4.08 5.12 4.22
SHSE:600163
74GF Score
Zhongmin Energy Co Ltd SHSE:600163
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongmin Energy Co Inventory Turnover Calculation

Zhongmin Energy Co's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=732.914 / ((44.862 + 41.163) / 2 )
=732.914 / 43.0125
=17.04

Zhongmin Energy Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=172.123 / ((41.163 + 40.367) / 2 )
=172.123 / 40.765
=4.22

* 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 Inventory Turnover →
What does a Inventory Turnover of 4.22 mean?
Zhongmin Energy Co (SHSE:600163) has a Inventory Turnover of 4.22 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Zhongmin Energy Co and its competitors.
Is Zhongmin Energy Co's Inventory Turnover too high?
Zhongmin Energy Co's current Inventory Turnover is 4.22. Overall, Zhongmin Energy Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongmin Energy Co's Inventory Turnover compare to competitors?
Zhongmin Energy Co's Inventory Turnover of 4.22 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Utilities - Independent Power Producers company?
A good Inventory Turnover depends on the Utilities - Independent Power Producers industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Zhongmin Energy Co and its competitors. Zhongmin Energy Co's current Inventory Turnover is 4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongmin Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongmin Energy Co (SHSE:600163) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.29, compared to a current price of ¥5.31 — trading 0.4% above its estimated fair value. The current Inventory Turnover is 4.22. Zhongmin Energy Co's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Zhongmin Energy Co (SHSE:600163), the current Inventory Turnover is 4.22 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 Zhongmin Energy Co (SHSE:600163) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongmin Energy Co stock appears to be overvalued. The current stock price of ¥5.31 is trading 0.4% above its estimated GF Value™ of ¥5.29. GuruFocus considers Zhongmin Energy Co to be Fairly Valued.

Key valuation signals for SHSE:600163:

  • Inventory Turnover: 4.22
  • GF Value™: ¥5.29 vs. price of ¥5.31 (0.4% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongmin Energy Co Business Description

Address No. 210, Wusi Road, 22nd Floor, International Building, Fujian Province, Fuzhou, CHN, 3500003
Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.
74GF Score

Get the complete analysis for SHSE:600163

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

¥5.31
Price
¥5.29
GF Value