Minmetals Development Co (SHSE:600058) Total Inventories: ¥4,037 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600058 Minmetals Development Co Ltd SHSE:600058
56 GF Score
Price ¥8.62
GF Value ¥5.45
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Minmetals Development Co Total Inventories?

Minmetals Development Co SHSE:600058 -2.93% 56 Total Inventories is ¥4,037 Mil as of Mar. 2026. GuruFocus rates SHSE:600058 with a GF Score™ of 56/100 and a GF Value™ of ¥5.45 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Minmetals Development Co's total inventories for the quarter that ended in Mar. 2026 was ¥4,037 Mil. Minmetals Development Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥3,268 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Minmetals Development Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-5.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minmetals Development Co's Days Inventory for the three months ended in Mar. 2026 was 29.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minmetals Development Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.13.

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. Minmetals Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.


Minmetals Development Co  (SHSE:600058) 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.

Minmetals Development Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2304.962+0.75 * 8267.303+0.5 * 4037.377-16540.188
-0-133.089)/1071.911
=-5.74

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

Minmetals Development Co's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=3268.335/10242.464*365 / 4
=29.12

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

Minmetals Development Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=10242.464 / 3268.335
=3.13

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.

Minmetals Development Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3268.335 / 10588.205
=0.31

* 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.


Minmetals Development Co Total Inventories Related Terms


Minmetals Development Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Minmetals Development Co'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.

Minmetals Development Co Total Inventories Chart

Minmetals Development Co 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 4,305.65 3,489.12 2,746.13 2,552.19 2,499.29

Minmetals Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,527.64 3,425.44 3,523.21 2,499.29 4,037.38
SHSE:600058
56GF Score
Minmetals Development Co Ltd SHSE:600058
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minmetals Development Co 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 ¥4,037 Mil mean?
Minmetals Development Co (SHSE:600058) has a Total Inventories of ¥4,037 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Minmetals Development Co and its competitors.
Is Minmetals Development Co's Total Inventories too high?
Minmetals Development Co's current Total Inventories is ¥4,037 Mil. Overall, Minmetals Development Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minmetals Development Co's Total Inventories compare to NUE and STLD?
Minmetals Development Co's Total Inventories of ¥4,037 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 Minmetals Development Co and its competitors. Minmetals Development Co's current Total Inventories is ¥4,037 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minmetals Development Co stock overvalued right now?
Based on GuruFocus' analysis, Minmetals Development Co (SHSE:600058) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.45, compared to a current price of ¥8.62 — trading 58.2% above its estimated fair value. The current Total Inventories is ¥4,037 Mil. Minmetals Development Co's overall GF Score™ is 56/100 with 2 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 Minmetals Development Co (SHSE:600058), the current Total Inventories is ¥4,037 Mil as of Mar. 2026. 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 Minmetals Development Co (SHSE:600058) Overvalued in 2026?

Based on GuruFocus' analysis, Minmetals Development Co stock appears to be overvalued. The current stock price of ¥8.62 is trading 58.2% above its estimated GF Value™ of ¥5.45. GuruFocus considers Minmetals Development Co to be Significantly Overvalued.

Key valuation signals for SHSE:600058:

  • Total Inventories: ¥4,037 Mil
  • GF Value™: ¥5.45 vs. price of ¥8.62 (58.2% above fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minmetals Development Co Business Description

Address Building B, No. 5 Sanlihe Road, Haiding District, Beijing, CHN, 100044
Minmetals Development Co Ltd is a steel distribution service provider. The activities of the company include the supply of metallurgical raw materials which includes iron ore, coal, coke, and pig iron, steel trading, processing and distribution, and logistics services.
56GF Score

Get the complete analysis for SHSE:600058

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

¥8.62
Price
¥5.45
GF Value