Irico Group New Energy Co (HKSE:00438) Total Inventories: HK$348 Mil (As of Dec. 2025)


HKSE:00438 Irico Group New Energy Co Ltd HKSE:00438
50 GF Score
Price HK$1.28
GF Value HK$2.79
Valuation Possible Value Trap
! 6 Warning Signs
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What is Irico Group New Energy Co Total Inventories?

Irico Group New Energy Co HKSE:00438 +8.47% 50 Total Inventories is HK$348 Mil as of Dec. 2025. GuruFocus rates HKSE:00438 with a GF Score™ of 50/100 and a GF Value™ of HK$2.79 (Possible Value Trap). The stock has 6 warning signs investors should review.

Irico Group New Energy Co's total inventories for the quarter that ended in Dec. 2025 was HK$348 Mil. Irico Group New Energy Co's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was HK$349 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Irico Group New Energy Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was HK$-38.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Irico Group New Energy Co's Days Inventory for the six months ended in Dec. 2025 was 39.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Irico Group New Energy Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 4.68.

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. Irico Group New Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.23.


Irico Group New Energy Co  (HKSE:00438) 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.

Irico Group New Energy Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(297.153+0.75 * 1309.316+0.5 * 348.387-8254.124
-0-0)/176.322
=-38.57

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

Irico Group New Energy Co's Days Inventory for the six 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
=348.5105/1630.696*365 / 2
=39.00

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

Irico Group New Energy Co's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=1630.696 / 348.5105
=4.68

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.

Irico Group New Energy 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 )
=348.5105 / 1526.492
=0.23

* 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.


Irico Group New Energy Co Total Inventories Related Terms


Irico Group New Energy Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Irico Group New Energy 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.

Irico Group New Energy Co Total Inventories Chart

Irico Group New Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.53 398.07 250.35 576.32 348.39

Irico Group New Energy Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 250.35 299.15 576.32 348.63 348.39
HKSE:00438
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Irico Group New Energy Co Ltd HKSE:00438
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Irico Group New Energy 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 HK$348 Mil mean?
Irico Group New Energy Co (HKSE:00438) has a Total Inventories of HK$348 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Irico Group New Energy Co and its competitors.
Is Irico Group New Energy Co's Total Inventories too high?
Irico Group New Energy Co's current Total Inventories is HK$348 Mil. Overall, Irico Group New Energy Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's Total Inventories compare to FSLR and NXT?
Irico Group New Energy Co's Total Inventories of HK$348 Mil 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 Total Inventories for a Semiconductors company?
A good Total Inventories depends on the Semiconductors 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 Irico Group New Energy Co and its competitors. Irico Group New Energy Co's current Total Inventories is HK$348 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.79, compared to a current price of HK$1.28 — trading 54.1% below its estimated fair value. The current Total Inventories is HK$348 Mil. Irico Group New Energy Co's overall GF Score™ is 50/100 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 Irico Group New Energy Co (HKSE:00438), the current Total Inventories is HK$348 Mil 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 Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?

Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued. The current stock price of HK$1.28 is trading 54.1% below its estimated GF Value™ of HK$2.79. GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.

Key valuation signals for HKSE:00438:

  • Total Inventories: HK$348 Mil
  • GF Value™: HK$2.79 vs. price of HK$1.28 (54.1% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Irico Group New Energy Co Business Description

Address Xinghuo Avenue, No. 3, C6, High-Tech Industrial Development Zone, Shaanxi Province, Xianyang, CHN, 712000
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
50GF Score

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

HK$1.28
Price
HK$2.79
GF Value