Zhejiang Zhenshi New Materials Co (SHSE:601112) Total Inventories: ¥1,393 Mil (As of Mar. 2026)

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SHSE:601112 Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
11 GF Score
Price ¥15.16
! 3 Warning Signs
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What is Zhejiang Zhenshi New Materials Co Total Inventories?

Zhejiang Zhenshi New Materials Co SHSE:601112 -2.00% 11 Total Inventories is ¥1,393 Mil as of Mar. 2026. GuruFocus rates SHSE:601112 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review.

Zhejiang Zhenshi New Materials Co's total inventories for the quarter that ended in Mar. 2026 was ¥1,393 Mil. Zhejiang Zhenshi New Materials Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥1,283 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhejiang Zhenshi New Materials Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Zhenshi New Materials Co's Days Inventory for the three months ended in Mar. 2026 was 91.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Zhenshi New Materials Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.99.

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. Zhejiang Zhenshi New Materials Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.79.


Zhejiang Zhenshi New Materials Co  (SHSE:601112) 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.

Zhejiang Zhenshi New Materials 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)
=(2327.434+0.75 * 2729.171+0.5 * 1393.441-5681.547
-0-5.303)/1740.366
=-0.35

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

Zhejiang Zhenshi New Materials 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
=1283.464/1274.28*365 / 4
=91.91

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

Zhejiang Zhenshi New Materials 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 )
=1274.28 / 1283.464
=0.99

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.

Zhejiang Zhenshi New Materials 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 )
=1283.464 / 1630.375
=0.79

* 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.


Zhejiang Zhenshi New Materials Co Total Inventories Related Terms


Zhejiang Zhenshi New Materials Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Zhejiang Zhenshi New Materials 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.

Zhejiang Zhenshi New Materials Co Total Inventories Chart

Zhejiang Zhenshi New Materials Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Total Inventories
888.84 487.46 794.77 1,173.49

Zhejiang Zhenshi New Materials Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only 0.00 1,050.82 1,103.78 1,173.49 1,393.44
SHSE:601112
11GF Score
Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zhenshi New Materials 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 ¥1,393 Mil mean?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a Total Inventories of ¥1,393 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Zhejiang Zhenshi New Materials Co and its competitors.
Is Zhejiang Zhenshi New Materials Co's Total Inventories too high?
Zhejiang Zhenshi New Materials Co's current Total Inventories is ¥1,393 Mil. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's Total Inventories compare to GEV and ETN?
Zhejiang Zhenshi New Materials Co's Total Inventories of ¥1,393 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Total Inventories depends on the Industrial Products 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 Zhejiang Zhenshi New Materials Co and its competitors. Zhejiang Zhenshi New Materials Co's current Total Inventories is ¥1,393 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current Total Inventories of ¥1,393 Mil. The current Total Inventories is ¥1,393 Mil. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 11/100 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current Total Inventories is ¥1,393 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.

Zhejiang Zhenshi New Materials Co Business Description

Address No. 1 Guangyun South Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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