Zhejiang Forward Heating Technologies Co (BJSE:920679) Total Inventories: ¥43.4 Mil (As of Mar. 2026)

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BJSE:920679 Zhejiang Forward Heating Technologies Co Ltd BJSE:920679
57 GF Score
Price ¥15.44
GF Value ¥17.80
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Zhejiang Forward Heating Technologies Co Total Inventories?

Zhejiang Forward Heating Technologies Co BJSE:920679 57 Total Inventories is ¥43.4 Mil as of Mar. 2026. GuruFocus rates BJSE:920679 with a GF Score™ of 57/100 and a GF Value™ of ¥17.80 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Zhejiang Forward Heating Technologies Co's total inventories for the quarter that ended in Mar. 2026 was ¥43.4 Mil. Zhejiang Forward Heating Technologies Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥43.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhejiang Forward Heating Technologies Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥4.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Forward Heating Technologies Co's Days Inventory for the three months ended in Mar. 2026 was 189.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Forward Heating Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.48.

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. Zhejiang Forward Heating Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.40.


Zhejiang Forward Heating Technologies Co  (BJSE:920679) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Zhejiang Forward Heating Technologies Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(274.202+0.75 * 27.737+0.5 * 43.365-38.93
-0-0.387)/55.850
=4.97

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

Zhejiang Forward Heating Technologies 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
=43.4065/20.887*365 / 4
=189.63

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Zhejiang Forward Heating Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=20.887 / 43.4065
=0.48

4. 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.

Zhejiang Forward Heating Technologies 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 )
=43.4065 / 30.911
=1.40

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Zhejiang Forward Heating Technologies Co Total Inventories Related Terms


Zhejiang Forward Heating Technologies Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Zhejiang Forward Heating Technologies Co's Total Inventories 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.

Zhejiang Forward Heating Technologies Co Total Inventories Chart

Zhejiang Forward Heating Technologies Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only 30.82 38.49 36.02 39.21 43.45

Zhejiang Forward Heating Technologies Co Quarterly Data
Dec19 Mar20 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 45.47 44.24 42.45 43.45 43.37
BJSE:920679
57GF Score
Zhejiang Forward Heating Technologies Co Ltd BJSE:920679
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Forward Heating Technologies Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ¥43.4 Mil mean?
Zhejiang Forward Heating Technologies Co (BJSE:920679) has a Total Inventories of ¥43.4 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Zhejiang Forward Heating Technologies Co and its competitors.
Is Zhejiang Forward Heating Technologies Co's Total Inventories too high?
Zhejiang Forward Heating Technologies Co's current Total Inventories is ¥43.4 Mil. Overall, Zhejiang Forward Heating Technologies Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Forward Heating Technologies Co's Total Inventories compare to GEV and ETN?
Zhejiang Forward Heating Technologies Co's Total Inventories of ¥43.4 Mil 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 Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Zhejiang Forward Heating Technologies Co and its competitors. Zhejiang Forward Heating Technologies Co's current Total Inventories is ¥43.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Forward Heating Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Forward Heating Technologies Co (BJSE:920679) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.80, compared to a current price of ¥15.44 — trading 13.3% below its estimated fair value. The current Total Inventories is ¥43.4 Mil. Zhejiang Forward Heating Technologies Co's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Zhejiang Forward Heating Technologies Co (BJSE:920679), the current Total Inventories is ¥43.4 Mil 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 Zhejiang Forward Heating Technologies Co (BJSE:920679) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Forward Heating Technologies Co stock appears to be undervalued. The current stock price of ¥15.44 is trading 13.3% below its estimated GF Value™ of ¥17.80. GuruFocus considers Zhejiang Forward Heating Technologies Co to be Modestly Undervalued.

Key valuation signals for BJSE:920679:

  • Total Inventories: ¥43.4 Mil
  • GF Value™: ¥17.80 vs. price of ¥15.44 (13.3% below fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the BJSE:920679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Forward Heating Technologies Co Business Description

Address No. 8, Cangling Road, Huzhen Town, Jinyun County, Zhejiang, Lishui, CHN, 321400
Zhejiang Forward Heating Technologies Co Ltd is engaged in research and development, production and sales of aluminum alloy condensing heat exchangers.
57GF Score

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

¥15.44
Price
¥17.80
GF Value