Shenzhen Gongjin Electronics Co (SHSE:603118) Inventory Turnover: 1.14 (As of Mar. 2026)

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SHSE:603118 Shenzhen Gongjin Electronics Co Ltd SHSE:603118
60 GF Score
Price ¥19.32
GF Value ¥12.24
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Shenzhen Gongjin Electronics Co Inventory Turnover?

Shenzhen Gongjin Electronics Co SHSE:603118 +10.02% 60 Inventory Turnover is 1.14 as of Mar. 2026. GuruFocus rates SHSE:603118 with a GF Score™ of 60/100 and a GF Value™ of ¥12.24 (Significantly Overvalued). The stock has 10 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. Shenzhen Gongjin Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,946 Mil. Shenzhen Gongjin Electronics Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥1,707 Mil. Shenzhen Gongjin Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Gongjin Electronics Co's Days Inventory for the three months ended in Mar. 2026 was 80.05.

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. Shenzhen Gongjin Electronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.78.


Shenzhen Gongjin Electronics Co  (SHSE:603118) 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.

Shenzhen Gongjin Electronics 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
=1707.212/1946.154*365 / 4
=80.05

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.

Shenzhen Gongjin Electronics 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 )
=1707.212 / 2179.307
=0.78

* 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.


Shenzhen Gongjin Electronics Co Inventory Turnover Related Terms


Shenzhen Gongjin Electronics Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shenzhen Gongjin Electronics 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.

Shenzhen Gongjin Electronics Co Inventory Turnover Chart

Shenzhen Gongjin Electronics 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 6.66 6.22 5.38 5.96 5.85

Shenzhen Gongjin Electronics 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 1.38 1.18 1.25 1.45 1.14
SHSE:603118
60GF Score
Shenzhen Gongjin Electronics Co Ltd SHSE:603118
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Gongjin Electronics Co Inventory Turnover Calculation

Shenzhen Gongjin Electronics 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 )
=8142.575 / ((1227.191 + 1558.753) / 2 )
=8142.575 / 1392.972
=5.85

Shenzhen Gongjin Electronics 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 )
=1946.154 / ((1558.753 + 1855.671) / 2 )
=1946.154 / 1707.212
=1.14

* 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 1.14 mean?
Shenzhen Gongjin Electronics Co (SHSE:603118) has a Inventory Turnover of 1.14 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shenzhen Gongjin Electronics Co and its competitors.
Is Shenzhen Gongjin Electronics Co's Inventory Turnover too high?
Shenzhen Gongjin Electronics Co's current Inventory Turnover is 1.14. Overall, Shenzhen Gongjin Electronics Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Gongjin Electronics Co's Inventory Turnover compare to CSCO and MSI?
Shenzhen Gongjin Electronics Co's Inventory Turnover of 1.14 can be compared against companies in the Hardware 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 a Hardware company?
A good Inventory Turnover depends on the Hardware 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 Shenzhen Gongjin Electronics Co and its competitors. Shenzhen Gongjin Electronics Co's current Inventory Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Gongjin Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Gongjin Electronics Co (SHSE:603118) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥12.24, compared to a current price of ¥19.32 — trading 57.8% above its estimated fair value. The current Inventory Turnover is 1.14. Shenzhen Gongjin Electronics Co's overall GF Score™ is 60/100 with 10 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 Shenzhen Gongjin Electronics Co (SHSE:603118), the current Inventory Turnover is 1.14 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 Shenzhen Gongjin Electronics Co (SHSE:603118) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Gongjin Electronics Co stock appears to be overvalued. The current stock price of ¥19.32 is trading 57.8% above its estimated GF Value™ of ¥12.24. GuruFocus considers Shenzhen Gongjin Electronics Co to be Significantly Overvalued.

Key valuation signals for SHSE:603118:

  • Inventory Turnover: 1.14
  • GF Value™: ¥12.24 vs. price of ¥19.32 (57.8% above fair value)
  • GF Score™: 60/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Gongjin Electronics Co Business Description

Address Nanshan Medical Device Industrial Park, No. 1019 Nanhai Avenue, Floor No. 2, 3, 4 and 5, Nanshan District, Guangdong, Shenzhen, CHN, 518052
Shenzhen Gongjin Electronics Co Ltd through its subsidiaries is engaged in manufacturing of broadband communication terminal products. It is specialized in the communication terminals, communication networks, and smart medical services. It also researches and develops, produces, sale and provides services of broadband access terminals, wireless communication devices and optical communication products. Its products include Cable broadband, LTE dual carrier, optical, wireless terminal.
60GF Score

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

¥19.32
Price
¥12.24
GF Value