Smart-Core Holdings (HKSE:02166) Total Inventories: HK$292 Mil (As of Dec. 2025)

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HKSE:02166 Smart-Core Holdings Ltd HKSE:02166
59 GF Score
Price HK$4.61
GF Value HK$1.52
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Smart-Core Holdings Total Inventories?

Smart-Core Holdings HKSE:02166 -4.06% 59 Total Inventories is HK$292 Mil as of Dec. 2025. GuruFocus rates HKSE:02166 with a GF Score™ of 59/100 and a GF Value™ of HK$1.52 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Smart-Core Holdings's total inventories for the quarter that ended in Dec. 2025 was HK$292 Mil. Smart-Core Holdings's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was HK$357 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Smart-Core Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was HK$-0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart-Core Holdings's Days Inventory for the six months ended in Dec. 2025 was 18.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart-Core Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 was 9.94.

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. Smart-Core Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.09.


Smart-Core Holdings  (HKSE:02166) 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.

Smart-Core 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)
=(153.96+0.75 * 1153.957+0.5 * 292.34-1201.115
-0-1.932)/488.681
=-0.08

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

Smart-Core 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
=356.951/3546.626*365 / 2
=18.37

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

Smart-Core 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 )
=3546.626 / 356.951
=9.94

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.

Smart-Core 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 )
=356.951 / 3793.915
=0.09

* 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.


Smart-Core Holdings Total Inventories Related Terms


Smart-Core Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Smart-Core 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.

Smart-Core Holdings Total Inventories Chart

Smart-Core 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 606.03 288.39 220.56 190.12 292.34

Smart-Core 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 220.56 179.89 190.12 421.56 292.34
HKSE:02166
59GF Score
Smart-Core Holdings Ltd HKSE:02166
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart-Core 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$292 Mil mean?
Smart-Core Holdings (HKSE:02166) has a Total Inventories of HK$292 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Smart-Core Holdings and its competitors.
Is Smart-Core Holdings' Total Inventories too high?
Smart-Core Holdings' current Total Inventories is HK$292 Mil. Overall, Smart-Core Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smart-Core Holdings' Total Inventories compare to SNX and ARW?
Smart-Core Holdings' Total Inventories of HK$292 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Smart-Core Holdings and its competitors. Smart-Core Holdings's current Total Inventories is HK$292 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart-Core Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smart-Core Holdings (HKSE:02166) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.52, compared to a current price of HK$4.61 — trading 203% above its estimated fair value. The current Total Inventories is HK$292 Mil. Smart-Core Holdings' overall GF Score™ is 59/100 with 4 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 Smart-Core Holdings (HKSE:02166), the current Total Inventories is HK$292 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 Smart-Core Holdings (HKSE:02166) Overvalued in 2026?

Based on GuruFocus' analysis, Smart-Core Holdings stock appears to be overvalued. The current stock price of HK$4.61 is trading 203% above its estimated GF Value™ of HK$1.52. GuruFocus considers Smart-Core Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02166:

  • Total Inventories: HK$292 Mil
  • GF Value™: HK$1.52 vs. price of HK$4.61 (203% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smart-Core Holdings Business Description

Address 70 Ta Chuen Ping Street, 15th Floor, Tower B, Regent Centre, Kwai Chung, New Territories, Hong Kong, HKG
Smart-Core Holdings Ltd is a distributor of integrated circuits and other electronic components and technology value-added service providers covering multiple market segments such as televisions, optoelectronic displays, smart terminals, memory, security monitoring, Internet of Things (IoT), and optical communications. Its service networks cover the majority of regions in Mainland China and Southeast Asia, providing diversified supply chain services of semiconductor chips and various electronic components for customers in the electronics industry, as well as corresponding technical solutions, technical support, and software services. Its segments include Authorised distribution and Mixed distribution. It makes up the majority of the revenue from the Authorised distribution segment.
59GF Score

Get the complete analysis for HKSE:02166

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

HK$4.61
Price
HK$1.52
GF Value