China Come Ride New Energy Group (HKSE:08039) Total Inventories: HK$0.00 Mil (As of Sep. 2024)


HKSE:08039 China Come Ride New Energy Group Ltd HKSE:08039
8 GF Score
Price HK$0.15
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What is China Come Ride New Energy Group Total Inventories?

China Come Ride New Energy Group HKSE:08039 8 Total Inventories is HK$0.00 Mil as of Sep. 2024. GuruFocus rates HKSE:08039 with a GF Score™ of 8/100.

China Come Ride New Energy Group's total inventories for the quarter that ended in Sep. 2024 was HK$0.00 Mil. China Come Ride New Energy Group's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was HK$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Come Ride New Energy Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Come Ride New Energy Group's Days Inventory for the six months ended in Sep. 2024 was 0.00.

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

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. China Come Ride New Energy Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

China Come Ride New Energy Group  (HKSE:08039) 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.

China Come Ride New Energy Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.352+0.75 * 5.324+0.5 * 0-17.917
-0-0)/493.000
=-0.02

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

China Come Ride New Energy Group's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0/11.328*365 / 2
=0.00

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

China Come Ride New Energy Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=11.328 / 0
=N/A

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.

China Come Ride New Energy Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 15.51
=0.00

* 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.

China Come Ride New Energy Group Total Inventories Related Terms

China Come Ride New Energy Group Total Inventories Historical Data

* Premium members only.

The historical data trend for China Come Ride New Energy 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.

China Come Ride New Energy Group Total Inventories Chart

China Come Ride New Energy Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

China Come Ride New Energy Group Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.00 0.00 0.00 0.00 0.00
HKSE:08039
8GF Score
China Come Ride New Energy Group Ltd HKSE:08039
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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China Come Ride New Energy 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$0.00 Mil mean?
China Come Ride New Energy Group (HKSE:08039) has a Total Inventories of HK$0.00 Mil as of Sep. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for China Come Ride New Energy Group and its competitors.
Is China Come Ride New Energy Group's Total Inventories too high?
China Come Ride New Energy Group's current Total Inventories is HK$0.00 Mil. Overall, China Come Ride New Energy Group has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does China Come Ride New Energy Group's Total Inventories compare to PWR and EME?
China Come Ride New Energy Group's Total Inventories of HK$0.00 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Inventories depends on the Construction 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 China Come Ride New Energy Group and its competitors. China Come Ride New Energy Group's current Total Inventories is HK$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Come Ride New Energy Group stock overvalued right now?
China Come Ride New Energy Group (HKSE:08039) has a current Total Inventories of HK$0.00 Mil. The current Total Inventories is HK$0.00 Mil. China Come Ride New Energy Group's overall GF Score™ is 8/100. 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 China Come Ride New Energy Group (HKSE:08039), the current Total Inventories is HK$0.00 Mil as of Sep. 2024. 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.

China Come Ride New Energy Group Business Description

Address 7 Shing Yip Street, Unit E, 33rd Floor, Legend Tower, Kwun Tong, Hong Kong, HKG
China Come Ride New Energy Group Ltd is principally engaged in the provision of comprehensive architectural and structural engineering consultancy services. Its service portfolio comprises licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architecture-related consultancies. The Company's revenue is generated from the contract revenue from the provision of comprehensive architectural and structural engineering consultancy services in Hong Kong, including licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architectural-related consultancies.
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