Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Total Inventories: HK$2,355 Mil (As of Dec. 2025)

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HKSE:01938 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd HKSE:01938
46 GF Score
Price HK$0.22
GF Value HK$0.17
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Total Inventories?

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings HKSE:01938 +3.24% 46 Total Inventories is HK$2,355 Mil as of Dec. 2025. GuruFocus rates HKSE:01938 with a GF Score™ of 46/100 and a GF Value™ of HK$0.17 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's total inventories for the quarter that ended in Dec. 2025 was HK$2,355 Mil. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was HK$2,316 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was HK$-3.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Inventory for the six months ended in Dec. 2025 was 488.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.37.

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. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 2.18.


Chu Kong Petroleum and Natural Gas Steel Pipe Holdings  (HKSE:01938) 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.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings'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)
=(23.7+0.75 * 520.184+0.5 * 2355.059-4889.059
-0-0)/1011.142
=-3.26

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

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings'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
=2316.2015/864.644*365 / 2
=488.88

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

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings'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 )
=864.644 / 2316.2015
=0.37

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.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings'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 )
=2316.2015 / 1063.648
=2.18

* 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.


Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Total Inventories Related Terms


Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Chu Kong Petroleum and Natural Gas Steel Pipe Holdings'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.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Total Inventories Chart

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings 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 3,743.66 2,920.79 2,850.55 2,803.17 2,355.06

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings 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 2,850.55 2,633.70 2,803.17 2,277.34 2,355.06
HKSE:01938
46GF Score
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd HKSE:01938
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Chu Kong Petroleum and Natural Gas Steel Pipe Holdings 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$2,355 Mil mean?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) has a Total Inventories of HK$2,355 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Total Inventories too high?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' current Total Inventories is HK$2,355 Mil. Overall, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Total Inventories compare to NUE and STLD?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Total Inventories of HK$2,355 Mil 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 Total Inventories for a Steel company?
A good Total Inventories depends on the Steel 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current Total Inventories is HK$2,355 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.22 — trading 31.2% above its estimated fair value. The current Total Inventories is HK$2,355 Mil. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' overall GF Score™ is 46/100 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938), the current Total Inventories is HK$2,355 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 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Overvalued in 2026?

Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock appears to be overvalued. The current stock price of HK$0.22 is trading 31.2% above its estimated GF Value™ of HK$0.17. GuruFocus considers Chu Kong Petroleum and Natural Gas Steel Pipe Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01938:

  • Total Inventories: HK$2,355 Mil
  • GF Value™: HK$0.17 vs. price of HK$0.22 (31.2% above fair value)
  • GF Score™: 46/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Business Description

Address 2nd Floor, 3-5 Golden Dragon City, Yayun Avenue, Panyu District, Guangdong Province, Guangzhou, CHN, 511450
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd operates in the steel pipe business. The group is involved in its key revenue-generating business which is to manufacture and sell welded steel pipes and the provision of related manufacturing services. The group's steel pipes are mainly used for energy transmission including oil and gas transmission pipelines, deep-sea pipelines, city gas networks, petrochemicals, mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Further, it is also involved in the development of properties for sale; and property investment activities. The group has a business presence in Mainland China and other countries, of which maximum revenue is derived from Africa.
46GF Score

Get the complete analysis for HKSE:01938

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

HK$0.22
Price
HK$0.17
GF Value