Ningbo Bird Co (SHSE:600130) Total Inventories: ¥115.8 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:600130 Ningbo Bird Co Ltd SHSE:600130
66 GF Score
Price ¥3.60
GF Value ¥4.65
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ningbo Bird Co Total Inventories?

Ningbo Bird Co SHSE:600130 -8.86% 66 Total Inventories is ¥115.8 Mil as of Mar. 2026. GuruFocus rates SHSE:600130 with a GF Score™ of 66/100 and a GF Value™ of ¥4.65 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Ningbo Bird Co's total inventories for the quarter that ended in Mar. 2026 was ¥115.8 Mil. Ningbo Bird Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥94.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ningbo Bird Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Bird Co's Days Inventory for the three months ended in Mar. 2026 was 81.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Bird Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.12.

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. Ningbo Bird Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.77.


Ningbo Bird Co  (SHSE:600130) 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.

Ningbo Bird 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)
=(651.01+0.75 * 109.245+0.5 * 115.791-194.127
-0-68.028)/750.000
=0.70

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

Ningbo Bird 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
=94.4445/106.147*365 / 4
=81.19

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

Ningbo Bird 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 )
=106.147 / 94.4445
=1.12

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.

Ningbo Bird 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 )
=94.4445 / 121.887
=0.77

* 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.


Ningbo Bird Co Total Inventories Related Terms


Ningbo Bird Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Ningbo Bird 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.

Ningbo Bird Co Total Inventories Chart

Ningbo Bird 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 60.81 35.55 36.39 53.99 73.10

Ningbo Bird 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 51.98 51.39 57.89 73.10 115.79
SHSE:600130
66GF Score
Ningbo Bird Co Ltd SHSE:600130
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Bird 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 ¥115.8 Mil mean?
Ningbo Bird Co (SHSE:600130) has a Total Inventories of ¥115.8 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ningbo Bird Co and its competitors.
Is Ningbo Bird Co's Total Inventories too high?
Ningbo Bird Co's current Total Inventories is ¥115.8 Mil. Overall, Ningbo Bird Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Bird Co's Total Inventories compare to CSCO and CIEN?
Ningbo Bird Co's Total Inventories of ¥115.8 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 Ningbo Bird Co and its competitors. Ningbo Bird Co's current Total Inventories is ¥115.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Bird Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Bird Co (SHSE:600130) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.65, compared to a current price of ¥3.60 — trading 22.6% below its estimated fair value. The current Total Inventories is ¥115.8 Mil. Ningbo Bird Co's overall GF Score™ is 66/100 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 Ningbo Bird Co (SHSE:600130), the current Total Inventories is ¥115.8 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 Ningbo Bird Co (SHSE:600130) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Bird Co stock appears to be undervalued. The current stock price of ¥3.60 is trading 22.6% below its estimated GF Value™ of ¥4.65. GuruFocus considers Ningbo Bird Co to be Modestly Undervalued.

Key valuation signals for SHSE:600130:

  • Total Inventories: ¥115.8 Mil
  • GF Value™: ¥4.65 vs. price of ¥3.60 (22.6% below fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Bird Co Business Description

Address No. 999 Dacheng East Road, Fenghua, Ningbo, Zhejiang, CHN, 315500
Ningbo Bird Co Ltd is engaged in producing and selling mobile phones, palm computers, and system equipment in China. It offers Android, bar, qwerty, and clamshell phones; and tablets. The company also exports its products to various countries, including France, Italy, other Europe countries, Russia, India, Mexico, Brazil, and other countries.
66GF Score

Get the complete analysis for SHSE:600130

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

¥3.60
Price
¥4.65
GF Value