Ningxia Baofeng Energy Group Co (SHSE:600989) Total Inventories: ¥1,902 Mil (As of Mar. 2026)


SHSE:600989 Ningxia Baofeng Energy Group Co Ltd SHSE:600989
94 GF Score
Price ¥20.46
GF Value ¥26.65
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ningxia Baofeng Energy Group Co Total Inventories?

Ningxia Baofeng Energy Group Co SHSE:600989 -1.35% 94 Total Inventories is ¥1,902 Mil as of Mar. 2026. GuruFocus rates SHSE:600989 with a GF Score™ of 94/100 and a GF Value™ of ¥26.65 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Ningxia Baofeng Energy Group Co's total inventories for the quarter that ended in Mar. 2026 was ¥1,902 Mil. Ningxia Baofeng Energy Group Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥1,934 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ningxia Baofeng Energy Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-4.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningxia Baofeng Energy Group Co's Days Inventory for the three months ended in Mar. 2026 was 21.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningxia Baofeng Energy Group Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.28.

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. Ningxia Baofeng Energy Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.15.


Ningxia Baofeng Energy Group Co  (SHSE:600989) 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.

Ningxia Baofeng Energy Group 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)
=(4949.316+0.75 * 51.506+0.5 * 1902.23-42392.445
-0-0)/7333.360
=-4.97

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

Ningxia Baofeng Energy Group 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
=1934.3225/8285.655*365 / 4
=21.30

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

Ningxia Baofeng Energy Group 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 )
=8285.655 / 1934.3225
=4.28

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.

Ningxia Baofeng Energy Group 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 )
=1934.3225 / 13236.777
=0.15

* 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.


Ningxia Baofeng Energy Group Co Total Inventories Related Terms


Ningxia Baofeng Energy Group Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Ningxia Baofeng Energy Group 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.

Ningxia Baofeng Energy Group Co Total Inventories Chart

Ningxia Baofeng Energy Group 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 940.39 1,347.68 1,292.16 1,575.17 1,966.42

Ningxia Baofeng Energy Group 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 1,746.62 1,796.26 1,830.29 1,966.42 1,902.23
SHSE:600989
94GF Score
Ningxia Baofeng Energy Group Co Ltd SHSE:600989
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningxia Baofeng Energy Group 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 ¥1,902 Mil mean?
Ningxia Baofeng Energy Group Co (SHSE:600989) has a Total Inventories of ¥1,902 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ningxia Baofeng Energy Group Co and its competitors.
Is Ningxia Baofeng Energy Group Co's Total Inventories too high?
Ningxia Baofeng Energy Group Co's current Total Inventories is ¥1,902 Mil. Overall, Ningxia Baofeng Energy Group Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Baofeng Energy Group Co's Total Inventories compare to DOW?
Ningxia Baofeng Energy Group Co's Total Inventories of ¥1,902 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Total Inventories depends on the Chemicals 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 Ningxia Baofeng Energy Group Co and its competitors. Ningxia Baofeng Energy Group Co's current Total Inventories is ¥1,902 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Baofeng Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co (SHSE:600989) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥26.65, compared to a current price of ¥20.46 — trading 23.2% below its estimated fair value. The current Total Inventories is ¥1,902 Mil. Ningxia Baofeng Energy Group Co's overall GF Score™ is 94/100 with 4 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 Ningxia Baofeng Energy Group Co (SHSE:600989), the current Total Inventories is ¥1,902 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 Ningxia Baofeng Energy Group Co (SHSE:600989) Overvalued in 2026?

Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co stock appears to be undervalued. The current stock price of ¥20.46 is trading 23.2% below its estimated GF Value™ of ¥26.65. GuruFocus considers Ningxia Baofeng Energy Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600989:

  • Total Inventories: ¥1,902 Mil
  • GF Value™: ¥26.65 vs. price of ¥20.46 (23.2% below fair value)
  • GF Score™: 94/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningxia Baofeng Energy Group Co Business Description

Address Baofeng Circular Economy Industrial Park, Ningdong Energy and Chemical Industry Base, Ningxia Hui Autonomous Region, Yinchuan, CHN, 750411
Ningxia Baofeng Energy Group Co Ltd is engaged in the production and sales of modern coal chemical products. The company operates through four segments. The Coking Products segment covers coal mining, washing, and coking activities. The Fine Chemical Products segment focuses on coal tar, crude benzene, and C4 deep-processed products. The Olefin Products segment is involved in the production of methanol and olefins. The Headquarters and Other Product segment manages investment, financing, and support services, alongside the activities of its commercial service companies. It generates the majority of its revenue from the Olefin Products segment.
94GF Score

Get the complete analysis for SHSE:600989

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

¥20.46
Price
¥26.65
GF Value