Shandong Linglong Tyre Co (SHSE:601966) Total Inventories: ¥5,634 Mil (As of Mar. 2026)

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SHSE:601966 Shandong Linglong Tyre Co Ltd SHSE:601966
69 GF Score
Price ¥11.07
GF Value ¥20.23
Valuation Possible Value Trap
! 6 Warning Signs
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What is Shandong Linglong Tyre Co Total Inventories?

Shandong Linglong Tyre Co SHSE:601966 +1.84% 69 Total Inventories is ¥5,634 Mil as of Mar. 2026. GuruFocus rates SHSE:601966 with a GF Score™ of 69/100 and a GF Value™ of ¥20.23 (Possible Value Trap). The stock has 6 warning signs investors should review.

Shandong Linglong Tyre Co's total inventories for the quarter that ended in Mar. 2026 was ¥5,634 Mil. Shandong Linglong Tyre Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥5,553 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shandong Linglong Tyre Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-9.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Linglong Tyre Co's Days Inventory for the three months ended in Mar. 2026 was 100.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Linglong Tyre Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.90.

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. Shandong Linglong Tyre Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.92.


Shandong Linglong Tyre Co  (SHSE:601966) 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.

Shandong Linglong Tyre 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)
=(4023.923+0.75 * 4914.656+0.5 * 5634.217-24462.093
-0-8.367)/1463.503
=-9.53

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

Shandong Linglong Tyre 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
=5553.016/5023.462*365 / 4
=100.87

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

Shandong Linglong Tyre 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 )
=5023.462 / 5553.016
=0.90

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.

Shandong Linglong Tyre 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 )
=5553.016 / 6057.41
=0.92

* 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.


Shandong Linglong Tyre Co Total Inventories Related Terms


Shandong Linglong Tyre Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Shandong Linglong Tyre 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.

Shandong Linglong Tyre Co Total Inventories Chart

Shandong Linglong Tyre 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 4,534.46 4,472.48 4,743.85 5,789.15 5,471.82

Shandong Linglong Tyre 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 5,916.04 5,875.47 5,528.38 5,471.82 5,634.22
SHSE:601966
69GF Score
Shandong Linglong Tyre Co Ltd SHSE:601966
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Linglong Tyre 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 ¥5,634 Mil mean?
Shandong Linglong Tyre Co (SHSE:601966) has a Total Inventories of ¥5,634 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Shandong Linglong Tyre Co and its competitors.
Is Shandong Linglong Tyre Co's Total Inventories too high?
Shandong Linglong Tyre Co's current Total Inventories is ¥5,634 Mil. Overall, Shandong Linglong Tyre Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Linglong Tyre Co's Total Inventories compare to ORLY and AZO?
Shandong Linglong Tyre Co's Total Inventories of ¥5,634 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts 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 Shandong Linglong Tyre Co and its competitors. Shandong Linglong Tyre Co's current Total Inventories is ¥5,634 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Linglong Tyre Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Linglong Tyre Co (SHSE:601966) is currently considered Possible Value Trap. The stock's GF Value™ is ¥20.23, compared to a current price of ¥11.07 — trading 45.3% below its estimated fair value. The current Total Inventories is ¥5,634 Mil. Shandong Linglong Tyre Co's overall GF Score™ is 69/100 with 6 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 Shandong Linglong Tyre Co (SHSE:601966), the current Total Inventories is ¥5,634 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 Shandong Linglong Tyre Co (SHSE:601966) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Linglong Tyre Co stock appears to be undervalued. The current stock price of ¥11.07 is trading 45.3% below its estimated GF Value™ of ¥20.23. GuruFocus considers Shandong Linglong Tyre Co to be Possible Value Trap.

Key valuation signals for SHSE:601966:

  • Total Inventories: ¥5,634 Mil
  • GF Value™: ¥20.23 vs. price of ¥11.07 (45.3% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the SHSE:601966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Linglong Tyre Co Business Description

Address No. 777, Jinlong Road, Shandong Province, Zhaoyuan, CHN, 265406
Shandong Linglong Tyre Co Ltd is a China-based tire manufacturing company engaged in the business of manufacturing and selling tires. Its product portfolio comprises of passenger car radial tires, light truck radial tires, truck and bus radial tires, specialty tires, winter tires, SUV tires, and others. It offers tire products under the brands Linglong, LEAO, GREEN MAX, ATLAS, INFINITY, CROSSWIND, and EVOLUXX.
69GF Score

Get the complete analysis for SHSE:601966

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

¥11.07
Price
¥20.23
GF Value