Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Inventory Turnover: 0.32 (As of Mar. 2026)

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SHSE:600320 Shanghai Zhenhua Heavy Industries Co Ltd SHSE:600320
78 GF Score
Price ¥4.09
GF Value ¥4.62
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shanghai Zhenhua Heavy Industries Co Inventory Turnover?

Shanghai Zhenhua Heavy Industries Co SHSE:600320 +3.02% 78 Inventory Turnover is 0.32 as of Mar. 2026. GuruFocus rates SHSE:600320 with a GF Score™ of 78/100 and a GF Value™ of ¥4.62 (Modestly Undervalued). The stock has 4 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. Shanghai Zhenhua Heavy Industries Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥7,566 Mil. Shanghai Zhenhua Heavy Industries Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥23,844 Mil. Shanghai Zhenhua Heavy Industries Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Zhenhua Heavy Industries Co's Days Inventory for the three months ended in Mar. 2026 was 287.57.

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. Shanghai Zhenhua Heavy Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.77.


Shanghai Zhenhua Heavy Industries Co  (SHSE:600320) 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.

Shanghai Zhenhua Heavy Industries 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
=23844.38/7566.27*365 / 4
=287.57

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.

Shanghai Zhenhua Heavy Industries 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 )
=23844.38 / 8593.145
=2.77

* 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.


Shanghai Zhenhua Heavy Industries Co Inventory Turnover Related Terms


Shanghai Zhenhua Heavy Industries Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shanghai Zhenhua Heavy Industries 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.

Shanghai Zhenhua Heavy Industries Co Inventory Turnover Chart

Shanghai Zhenhua Heavy Industries 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 1.06 1.20 1.24 1.23 1.29

Shanghai Zhenhua Heavy Industries 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 0.31 0.33 0.31 0.34 0.32
SHSE:600320
78GF Score
Shanghai Zhenhua Heavy Industries Co Ltd SHSE:600320
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Zhenhua Heavy Industries Co Inventory Turnover Calculation

Shanghai Zhenhua Heavy Industries 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 )
=31278.16 / ((24554.585 + 23864.979) / 2 )
=31278.16 / 24209.782
=1.29

Shanghai Zhenhua Heavy Industries 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 )
=7566.27 / ((23864.979 + 23823.781) / 2 )
=7566.27 / 23844.38
=0.32

* 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 0.32 mean?
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a Inventory Turnover of 0.32 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shanghai Zhenhua Heavy Industries Co and its competitors.
Is Shanghai Zhenhua Heavy Industries Co's Inventory Turnover too high?
Shanghai Zhenhua Heavy Industries Co's current Inventory Turnover is 0.32. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's Inventory Turnover compare to GEV and ETN?
Shanghai Zhenhua Heavy Industries Co's Inventory Turnover of 0.32 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Shanghai Zhenhua Heavy Industries Co and its competitors. Shanghai Zhenhua Heavy Industries Co's current Inventory Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.62, compared to a current price of ¥4.09 — trading 11.5% below its estimated fair value. The current Inventory Turnover is 0.32. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 78/100 with 4 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current Inventory Turnover is 0.32 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued. The current stock price of ¥4.09 is trading 11.5% below its estimated GF Value™ of ¥4.62. GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Modestly Undervalued.

Key valuation signals for SHSE:600320:

  • Inventory Turnover: 0.32
  • GF Value™: ¥4.62 vs. price of ¥4.09 (11.5% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Zhenhua Heavy Industries Co Business Description

Other Exchanges 900947:China
Address No.3470, Pudong South Road, Shanghai, CHN, 200125
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
78GF Score

Get the complete analysis for SHSE:600320

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

¥4.09
Price
¥4.62
GF Value