Hsin Kuang Steel Co (TPE:2031) Inventory Turnover: 0.53 (As of Dec. 2025)

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.

TPE:2031 Hsin Kuang Steel Co Ltd TPE:2031
80 GF Score
Price NT$39.05
GF Value NT$54.06
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Hsin Kuang Steel Co Inventory Turnover?

Hsin Kuang Steel Co TPE:2031 -0.76% 80 Inventory Turnover is 0.53 as of Dec. 2025. GuruFocus rates TPE:2031 with a GF Score™ of 80/100 and a GF Value™ of NT$54.06 (Modestly Undervalued). The stock has 8 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. Hsin Kuang Steel Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,919 Mil. Hsin Kuang Steel Co's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$5,497 Mil. Hsin Kuang Steel Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hsin Kuang Steel Co's Days Inventory for the three months ended in Dec. 2025 was 171.87.

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. Hsin Kuang Steel Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.65.


Hsin Kuang Steel Co  (TPE:2031) 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.

Hsin Kuang Steel Co's Days Inventory for the three months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=5497.256/2918.712*365 / 4
=171.87

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.

Hsin Kuang Steel Co's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=5497.256 / 3333.066
=1.65

* 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.


Hsin Kuang Steel Co Inventory Turnover Related Terms


Hsin Kuang Steel Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hsin Kuang Steel 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.

Hsin Kuang Steel Co Inventory Turnover Chart

Hsin Kuang Steel 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 2.11 2.68 2.54 2.16 2.58

Hsin Kuang Steel Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.56 0.77 0.72 0.63 0.53
TPE:2031
80GF Score
Hsin Kuang Steel Co Ltd TPE:2031
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsin Kuang Steel Co Inventory Turnover Calculation

Hsin Kuang Steel 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 )
=15306.354 / ((6262.056 + 5593.133) / 2 )
=15306.354 / 5927.5945
=2.58

Hsin Kuang Steel Co's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=2918.712 / ((5401.379 + 5593.133) / 2 )
=2918.712 / 5497.256
=0.53

* 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 0.53 mean?
Hsin Kuang Steel Co (TPE:2031) has a Inventory Turnover of 0.53 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hsin Kuang Steel Co and its competitors.
Is Hsin Kuang Steel Co's Inventory Turnover too high?
Hsin Kuang Steel Co's current Inventory Turnover is 0.53. Overall, Hsin Kuang Steel Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Kuang Steel Co's Inventory Turnover compare to NUE and STLD?
Hsin Kuang Steel Co's Inventory Turnover of 0.53 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 Hsin Kuang Steel Co and its competitors. Hsin Kuang Steel Co's current Inventory Turnover is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Kuang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Hsin Kuang Steel Co (TPE:2031) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$54.06, compared to a current price of NT$39.05 — trading 27.8% below its estimated fair value. The current Inventory Turnover is 0.53. Hsin Kuang Steel Co's overall GF Score™ is 80/100 with 8 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 Hsin Kuang Steel Co (TPE:2031), the current Inventory Turnover is 0.53 as of Dec. 2025. 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 Hsin Kuang Steel Co (TPE:2031) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin Kuang Steel Co stock appears to be undervalued. The current stock price of NT$39.05 is trading 27.8% below its estimated GF Value™ of NT$54.06. GuruFocus considers Hsin Kuang Steel Co to be Modestly Undervalued.

Key valuation signals for TPE:2031:

  • Inventory Turnover: 0.53
  • GF Value™: NT$54.06 vs. price of NT$39.05 (27.8% below fair value)
  • GF Score™: 80/100 with 8 warning signs

No single metric tells the full story. See the TPE:2031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin Kuang Steel Co Business Description

Address 97 Chongxin Road, Section 4, 25th Floor, Sanchong District, New Taipei, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and the sale of steel products, including steel coils, steel plates, stainless steel, alloy steel, special steel, and SuperDyma. Geographically, its business activities are carried out across Taiwan. The company operates in four segments, which include Steel - Direct Sales, Steel - Manufacturing Sales, Construction Projects, and Leases. The majority of its revenue is generated from the Steel-Direct Sales Segment. Geographically, operates in Taiwan.
80GF Score

Get the complete analysis for TPE:2031

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

NT$39.05
Price
NT$54.06
GF Value