Pujiang International Group (HKSE:02060) Total Inventories: HK$609 Mil (As of Jun. 2023)

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HKSE:02060 Pujiang International Group Ltd HKSE:02060
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Price HK$0.19
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What is Pujiang International Group Total Inventories?

Pujiang International Group HKSE:02060 4 Total Inventories is HK$609 Mil as of Jun. 2023. GuruFocus rates HKSE:02060 with a GF Score™ of 4/100.

Pujiang International Group's total inventories for the quarter that ended in Jun. 2023 was HK$609 Mil. Pujiang International Group's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was HK$618 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pujiang International Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was HK$-2.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pujiang International Group's Days Inventory for the six months ended in Jun. 2023 was 152.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pujiang International Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.19.

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. Pujiang International Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.63.

Pujiang International Group  (HKSE:02060) 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.

Pujiang International Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(285.384+0.75 * 1966.018+0.5 * 609.138-3734.886
-0-119.715)/808.880
=-2.21

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

Pujiang International Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=618.355/737.956*365 / 2
=152.92

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

Pujiang International Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=737.956 / 618.355
=1.19

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.

Pujiang International Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=618.355 / 984.431
=0.63

* 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.

Pujiang International Group Total Inventories Related Terms

Pujiang International Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Pujiang International Group'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.

Pujiang International Group Total Inventories Chart

Pujiang International Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial 200.71 333.57 534.75 738.11 627.57

Pujiang International Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 930.57 738.11 776.70 627.57 609.14
HKSE:02060
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Pujiang International Group Ltd HKSE:02060
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Pujiang International Group 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$609 Mil mean?
Pujiang International Group (HKSE:02060) has a Total Inventories of HK$609 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Pujiang International Group and its competitors.
Is Pujiang International Group's Total Inventories too high?
Pujiang International Group's current Total Inventories is HK$609 Mil. Overall, Pujiang International Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pujiang International Group's Total Inventories compare to ATI and MLI?
Pujiang International Group's Total Inventories of HK$609 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 Pujiang International Group and its competitors. Pujiang International Group's current Total Inventories is HK$609 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pujiang International Group stock overvalued right now?
Pujiang International Group (HKSE:02060) has a current Total Inventories of HK$609 Mil. The current Total Inventories is HK$609 Mil. Pujiang International Group's overall GF Score™ is 4/100. 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 Pujiang International Group (HKSE:02060), the current Total Inventories is HK$609 Mil as of Jun. 2023. 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.

Pujiang International Group Business Description

Address 518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120
Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.
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