State Grid Informationmmunication Co (SHSE:600131) Total Inventories: ¥1,008 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:600131 State Grid Information & Communication Co Ltd SHSE:600131
87 GF Score
Price ¥14.10
GF Value ¥21.89
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is State Grid Informationmmunication Co Total Inventories?

State Grid Informationmmunication Co SHSE:600131 -1.54% 87 Total Inventories is ¥1,008 Mil as of Mar. 2026. GuruFocus rates SHSE:600131 with a GF Score™ of 87/100 and a GF Value™ of ¥21.89 (Significantly Undervalued). The stock has 3 warning signs investors should review.

State Grid Informationmmunication Co's total inventories for the quarter that ended in Mar. 2026 was ¥1,008 Mil. State Grid Informationmmunication Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥831 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. State Grid Informationmmunication Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. State Grid Informationmmunication Co's Days Inventory for the three months ended in Mar. 2026 was 65.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. State Grid Informationmmunication Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.40.

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. State Grid Informationmmunication Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.62.


State Grid Informationmmunication Co  (SHSE:600131) 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.

State Grid Informationmmunication 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)
=(2083.99+0.75 * 4820.21+0.5 * 1007.513-6542.05
-0-186.694)/1198.355
=-0.44

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

State Grid Informationmmunication 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
=830.7675/1165.482*365 / 4
=65.04

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

State Grid Informationmmunication 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 )
=1165.482 / 830.7675
=1.40

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.

State Grid Informationmmunication 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 )
=830.7675 / 1344.31
=0.62

* 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.


State Grid Informationmmunication Co Total Inventories Related Terms


State Grid Informationmmunication Co Total Inventories Historical Data

* Premium members only.

The historical data trend for State Grid Informationmmunication 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.

State Grid Informationmmunication Co Total Inventories Chart

State Grid Informationmmunication 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 243.27 190.69 151.10 675.64 654.02

State Grid Informationmmunication 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 589.81 934.88 1,342.67 654.02 1,007.51
SHSE:600131
87GF Score
State Grid Information & Communication Co Ltd SHSE:600131
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

State Grid Informationmmunication 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 ¥1,008 Mil mean?
State Grid Informationmmunication Co (SHSE:600131) has a Total Inventories of ¥1,008 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for State Grid Informationmmunication Co and its competitors.
Is State Grid Informationmmunication Co's Total Inventories too high?
State Grid Informationmmunication Co's current Total Inventories is ¥1,008 Mil. Overall, State Grid Informationmmunication Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does State Grid Informationmmunication Co's Total Inventories compare to competitors?
State Grid Informationmmunication Co's Total Inventories of ¥1,008 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Total Inventories depends on the Utilities - Independent Power Producers 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 State Grid Informationmmunication Co and its competitors. State Grid Informationmmunication Co's current Total Inventories is ¥1,008 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Grid Informationmmunication Co stock overvalued right now?
Based on GuruFocus' analysis, State Grid Informationmmunication Co (SHSE:600131) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥21.89, compared to a current price of ¥14.10 — trading 35.6% below its estimated fair value. The current Total Inventories is ¥1,008 Mil. State Grid Informationmmunication Co's overall GF Score™ is 87/100 with 3 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 State Grid Informationmmunication Co (SHSE:600131), the current Total Inventories is ¥1,008 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 State Grid Informationmmunication Co (SHSE:600131) Overvalued in 2026?

Based on GuruFocus' analysis, State Grid Informationmmunication Co stock appears to be undervalued. The current stock price of ¥14.10 is trading 35.6% below its estimated GF Value™ of ¥21.89. GuruFocus considers State Grid Informationmmunication Co to be Significantly Undervalued.

Key valuation signals for SHSE:600131:

  • Total Inventories: ¥1,008 Mil
  • GF Value™: ¥21.89 vs. price of ¥14.10 (35.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


State Grid Informationmmunication Co Business Description

Address No. 301 Kuiguang Road, Doujiangyan, Sichuan, CHN, 611830
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
87GF Score

Get the complete analysis for SHSE:600131

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

¥14.10
Price
¥21.89
GF Value