Henan Shijia Photons Technology Co (SHSE:688313) Inventory Turnover: 0.67 (As of Mar. 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:688313 Henan Shijia Photons Technology Co Ltd SHSE:688313
69 GF Score
Price ¥90.04
GF Value ¥47.89
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Henan Shijia Photons Technology Co Inventory Turnover?

Henan Shijia Photons Technology Co SHSE:688313 +7.23% 69 Inventory Turnover is 0.67 as of Mar. 2026. GuruFocus rates SHSE:688313 with a GF Score™ of 69/100 and a GF Value™ of ¥47.89 (Significantly Overvalued). 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. Henan Shijia Photons Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥380 Mil. Henan Shijia Photons Technology Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥567 Mil. Henan Shijia Photons Technology Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Henan Shijia Photons Technology Co's Days Inventory for the three months ended in Mar. 2026 was 136.17.

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. Henan Shijia Photons Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.98.


Henan Shijia Photons Technology Co  (SHSE:688313) 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.

Henan Shijia Photons Technology 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
=566.7705/379.791*365 / 4
=136.17

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.

Henan Shijia Photons Technology 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 )
=566.7705 / 576.593
=0.98

* 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.


Henan Shijia Photons Technology Co Inventory Turnover Related Terms


Henan Shijia Photons Technology Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Henan Shijia Photons Technology 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.

Henan Shijia Photons Technology Co Inventory Turnover Chart

Henan Shijia Photons Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 3.55 3.52 3.58 3.36 3.44

Henan Shijia Photons Technology 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 0.72 0.75 0.71 0.73 0.67
SHSE:688313
69GF Score
Henan Shijia Photons Technology Co Ltd SHSE:688313
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Shijia Photons Technology Co Inventory Turnover Calculation

Henan Shijia Photons Technology 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 )
=1422.573 / ((323.898 + 502.24) / 2 )
=1422.573 / 413.069
=3.44

Henan Shijia Photons Technology 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 )
=379.791 / ((502.24 + 631.301) / 2 )
=379.791 / 566.7705
=0.67

* 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 0.67 mean?
Henan Shijia Photons Technology Co (SHSE:688313) has a Inventory Turnover of 0.67 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Henan Shijia Photons Technology Co and its competitors.
Is Henan Shijia Photons Technology Co's Inventory Turnover too high?
Henan Shijia Photons Technology Co's current Inventory Turnover is 0.67. Overall, Henan Shijia Photons Technology 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 Henan Shijia Photons Technology Co's Inventory Turnover compare to AMAT and LRCX?
Henan Shijia Photons Technology Co's Inventory Turnover of 0.67 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 Henan Shijia Photons Technology Co and its competitors. Henan Shijia Photons Technology Co's current Inventory Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Shijia Photons Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Shijia Photons Technology Co (SHSE:688313) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥47.89, compared to a current price of ¥90.04 — trading 88% above its estimated fair value. The current Inventory Turnover is 0.67. Henan Shijia Photons Technology Co's overall GF Score™ is 69/100 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 Henan Shijia Photons Technology Co (SHSE:688313), the current Inventory Turnover is 0.67 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 Henan Shijia Photons Technology Co (SHSE:688313) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Shijia Photons Technology Co stock appears to be overvalued. The current stock price of ¥90.04 is trading 88% above its estimated GF Value™ of ¥47.89. GuruFocus considers Henan Shijia Photons Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688313:

  • Inventory Turnover: 0.67
  • GF Value™: ¥47.89 vs. price of ¥90.04 (88% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Shijia Photons Technology Co Business Description

Address 201 Yanhe Road, Qibin District, Henan Province, Hebi, CHN, 458030
Henan Shijia Photons Technology Co Ltd is engaged in development, production, sales and related technical services of optical chips and devices, indoor optical cables and cable materials. The company's business covers optical chips and devices, indoor optical cables and cable materials. Its main products include PLC splitter chip series products, AWG chip series products, DFB laser chip series products, optical fiber connectors, indoor optical cables, cable materials.
69GF Score

Get the complete analysis for SHSE:688313

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

¥90.04
Price
¥47.89
GF Value