China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Total Inventories: ¥16,069 Mil (As of Mar. 2026)


SHSE:600111 China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
86 GF Score
Price ¥47.43
GF Value ¥31.96
Valuation Significantly Overvalued
! 5 Warning Signs
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What is China Northern Rare Earth (Group) High-Tech Co Total Inventories?

China Northern Rare Earth (Group) High-Tech Co SHSE:600111 +0.36% 86 Total Inventories is ¥16,069 Mil as of Mar. 2026. GuruFocus rates SHSE:600111 with a GF Score™ of 86/100 and a GF Value™ of ¥31.96 (Significantly Overvalued). The stock has 5 warning signs investors should review.

China Northern Rare Earth (Group) High-Tech Co's total inventories for the quarter that ended in Mar. 2026 was ¥16,069 Mil. China Northern Rare Earth (Group) High-Tech Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥16,569 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Northern Rare Earth (Group) High-Tech Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-2.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Northern Rare Earth (Group) High-Tech Co's Days Inventory for the three months ended in Mar. 2026 was 146.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Northern Rare Earth (Group) High-Tech Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.62.

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 Northern Rare Earth (Group) High-Tech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.40.


China Northern Rare Earth (Group) High-Tech Co  (SHSE:600111) 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 Northern Rare Earth (Group) High-Tech 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)
=(5283.575+0.75 * 5320.966+0.5 * 16068.554-18609.217
-0-6332.875)/3615.066
=-2.11

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

China Northern Rare Earth (Group) High-Tech 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
=16568.781/10290.719*365 / 4
=146.92

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

China Northern Rare Earth (Group) High-Tech 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 )
=10290.719 / 16568.781
=0.62

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 Northern Rare Earth (Group) High-Tech 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 )
=16568.781 / 11858.916
=1.40

* 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 Northern Rare Earth (Group) High-Tech Co Total Inventories Related Terms


China Northern Rare Earth (Group) High-Tech Co Total Inventories Historical Data

* Premium members only.

The historical data trend for China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech Co Total Inventories Chart

China Northern Rare Earth (Group) High-Tech 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 10,324.54 14,505.30 14,825.84 15,975.16 17,069.01

China Northern Rare Earth (Group) High-Tech 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 15,826.39 15,958.11 14,053.70 17,069.01 16,068.55
SHSE:600111
86GF Score
China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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China Northern Rare Earth (Group) High-Tech 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 ¥16,069 Mil mean?
China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) has a Total Inventories of ¥16,069 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for China Northern Rare Earth (Group) High-Tech Co and its competitors.
Is China Northern Rare Earth (Group) High-Tech Co's Total Inventories too high?
China Northern Rare Earth (Group) High-Tech Co's current Total Inventories is ¥16,069 Mil. Overall, China Northern Rare Earth (Group) High-Tech Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Northern Rare Earth (Group) High-Tech Co's Total Inventories compare to competitors?
China Northern Rare Earth (Group) High-Tech Co's Total Inventories of ¥16,069 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 China Northern Rare Earth (Group) High-Tech Co and its competitors. China Northern Rare Earth (Group) High-Tech Co's current Total Inventories is ¥16,069 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Northern Rare Earth (Group) High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥31.96, compared to a current price of ¥47.43 — trading 48.4% above its estimated fair value. The current Total Inventories is ¥16,069 Mil. China Northern Rare Earth (Group) High-Tech Co's overall GF Score™ is 86/100 with 5 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 China Northern Rare Earth (Group) High-Tech Co (SHSE:600111), the current Total Inventories is ¥16,069 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 China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Overvalued in 2026?

Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co stock appears to be overvalued. The current stock price of ¥47.43 is trading 48.4% above its estimated GF Value™ of ¥31.96. GuruFocus considers China Northern Rare Earth (Group) High-Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:600111:

  • Total Inventories: ¥16,069 Mil
  • GF Value™: ¥31.96 vs. price of ¥47.43 (48.4% above fair value)
  • GF Score™: 86/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Northern Rare Earth (Group) High-Tech Co Business Description

Other Exchanges CNRE80:Thailand
Address No. 83 Huanghe Street, Rare Earth High-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030
China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in the non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources. The company operates through four segments. The Trading Business segment focuses on the distribution of rare earth raw materials. The Production Business segment is involved in the manufacturing of these raw materials. The Rare Earth Functional Materials and Application Products segment covers the development and sale of rare earth-based materials and their applications. The Environmental Protection Industry and Others segment provides services related to environmental management, including the treatment and recycling of waste gas, wastewater, and solid waste.
86GF Score

Get the complete analysis for SHSE:600111

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

¥47.43
Price
¥31.96
GF Value