Hong Kong Gold Industry Group (HKSE:02623) Total Inventories: HK$3.64 Mil (As of Dec. 2025)

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HKSE:02623 Hong Kong Gold Industry Group Ltd HKSE:02623
33 GF Score
Price HK$3.88
GF Value HK$0.07
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hong Kong Gold Industry Group Total Inventories?

Hong Kong Gold Industry Group HKSE:02623 -4.44% 33 Total Inventories is HK$3.64 Mil as of Dec. 2025. GuruFocus rates HKSE:02623 with a GF Score™ of 33/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Hong Kong Gold Industry Group's total inventories for the quarter that ended in Dec. 2025 was HK$3.64 Mil. Hong Kong Gold Industry Group's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was HK$4.08 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hong Kong Gold Industry Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was HK$-1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hong Kong Gold Industry Group's Days Inventory for the six months ended in Dec. 2025 was 10.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hong Kong Gold Industry Group's Inventory Turnover for the quarter that ended in Dec. 2025 was 17.12.

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. Hong Kong Gold Industry Group's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.06.


Hong Kong Gold Industry Group  (HKSE:02623) 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.

Hong Kong Gold Industry Group'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)
=(265.322+0.75 * 0+0.5 * 3.64-764.504
-0-0)/418.712
=-1.19

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

Hong Kong Gold Industry Group'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
=4.0785/69.816*365 / 2
=10.66

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

Hong Kong Gold Industry Group'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 )
=69.816 / 4.0785
=17.12

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.

Hong Kong Gold Industry Group'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 )
=4.0785 / 69.206
=0.06

* 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.


Hong Kong Gold Industry Group Total Inventories Related Terms


Hong Kong Gold Industry Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Hong Kong Gold Industry 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.

Hong Kong Gold Industry Group Total Inventories Chart

Hong Kong Gold Industry Group 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 113.44 55.23 10.61 4.03 3.64

Hong Kong Gold Industry Group 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 10.61 17.49 4.03 4.52 3.64
HKSE:02623
33GF Score
Hong Kong Gold Industry Group Ltd HKSE:02623
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Kong Gold Industry 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$3.64 Mil mean?
Hong Kong Gold Industry Group (HKSE:02623) has a Total Inventories of HK$3.64 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Hong Kong Gold Industry Group and its competitors.
Is Hong Kong Gold Industry Group's Total Inventories too high?
Hong Kong Gold Industry Group's current Total Inventories is HK$3.64 Mil. Overall, Hong Kong Gold Industry Group has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Gold Industry Group's Total Inventories compare to competitors?
Hong Kong Gold Industry Group's Total Inventories of HK$3.64 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Inventories depends on the Metals & Mining 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 Hong Kong Gold Industry Group and its competitors. Hong Kong Gold Industry Group's current Total Inventories is HK$3.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Gold Industry Group stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Gold Industry Group (HKSE:02623) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$3.88 — trading 5435.7% above its estimated fair value. The current Total Inventories is HK$3.64 Mil. Hong Kong Gold Industry Group's overall GF Score™ is 33/100 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 Hong Kong Gold Industry Group (HKSE:02623), the current Total Inventories is HK$3.64 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 Hong Kong Gold Industry Group (HKSE:02623) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Gold Industry Group stock appears to be overvalued. The current stock price of HK$3.88 is trading 5435.7% above its estimated GF Value™ of HK$0.07. GuruFocus considers Hong Kong Gold Industry Group to be Significantly Overvalued.

Key valuation signals for HKSE:02623:

  • Total Inventories: HK$3.64 Mil
  • GF Value™: HK$0.07 vs. price of HK$3.88 (5435.7% above fair value)
  • GF Score™: 33/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Kong Gold Industry Group Business Description

Other Exchanges Z4R:Germany
Address Jiangjia Guanzhuang Village West, Zhuge Town, Yishui County, Shandong Province, CHN
Hong Kong Gold Industry Group Ltd, formerly known as Add New Energy Investment Holdings Group Ltd, is an investment holding company. The company and its subsidiaries are principally engaged in iron ore processing, and selling of iron concentrates and other minerals in the People's Republic of China. Its mines include Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Qinjiazhuang Ilmenite, Gaozhuang Shangyu Ilmenite and Luxing Titanium Mine. The businesses of the Group are classified into mining and ore processing, and trading of minerals, which are its two reportable segments. The majority of the company's revenue is derived from the Trading of minerals segment. Geographically, all the revenue of the Group is derived in the PRC.
33GF Score

Get the complete analysis for HKSE:02623

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

HK$3.88
Price
HK$0.07
GF Value