Solbar Ningbo Protein Technology Co (SHSE:603231) Total Inventories: ¥235 Mil (As of Mar. 2026)


SHSE:603231 Solbar Ningbo Protein Technology Co Ltd SHSE:603231
33 GF Score
Price ¥15.78
! 1 Warning Sign
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What is Solbar Ningbo Protein Technology Co Total Inventories?

Solbar Ningbo Protein Technology Co SHSE:603231 +1.74% 33 Total Inventories is ¥235 Mil as of Mar. 2026. GuruFocus rates SHSE:603231 with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Solbar Ningbo Protein Technology Co's total inventories for the quarter that ended in Mar. 2026 was ¥235 Mil. Solbar Ningbo Protein Technology Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥238 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Solbar Ningbo Protein Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥4.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solbar Ningbo Protein Technology Co's Days Inventory for the three months ended in Mar. 2026 was 50.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solbar Ningbo Protein Technology Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.80.

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. Solbar Ningbo Protein Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.49.

Solbar Ningbo Protein Technology Co  (SHSE:603231) 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.

Solbar Ningbo Protein Technology 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)
=(881.036+0.75 * 138.853+0.5 * 234.736-238.823
-0-1.717)/191.459
=4.50

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

Solbar Ningbo Protein Technology 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
=238.2255/429.332*365 / 4
=50.63

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

Solbar Ningbo Protein Technology 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 )
=429.332 / 238.2255
=1.80

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.

Solbar Ningbo Protein Technology 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 )
=238.2255 / 487.723
=0.49

* 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.

Solbar Ningbo Protein Technology Co Total Inventories Related Terms

Solbar Ningbo Protein Technology Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Solbar Ningbo Protein Technology 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.

Solbar Ningbo Protein Technology Co Total Inventories Chart

Solbar Ningbo Protein Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial 188.98 243.66 215.14 279.40 241.72

Solbar Ningbo Protein Technology Co Quarterly Data
Dec19 Dec20 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 307.54 285.89 258.98 241.72 234.74
SHSE:603231
33GF Score
Solbar Ningbo Protein Technology Co Ltd SHSE:603231
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Solbar Ningbo Protein Technology 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 ¥235 Mil mean?
Solbar Ningbo Protein Technology Co (SHSE:603231) has a Total Inventories of ¥235 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Solbar Ningbo Protein Technology Co and its competitors.
Is Solbar Ningbo Protein Technology Co's Total Inventories too high?
Solbar Ningbo Protein Technology Co's current Total Inventories is ¥235 Mil. Overall, Solbar Ningbo Protein Technology Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Solbar Ningbo Protein Technology Co's Total Inventories compare to KHC and GIS?
Solbar Ningbo Protein Technology Co's Total Inventories of ¥235 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods 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 Solbar Ningbo Protein Technology Co and its competitors. Solbar Ningbo Protein Technology Co's current Total Inventories is ¥235 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solbar Ningbo Protein Technology Co stock overvalued right now?
Solbar Ningbo Protein Technology Co (SHSE:603231) has a current Total Inventories of ¥235 Mil. The current Total Inventories is ¥235 Mil. Solbar Ningbo Protein Technology Co's overall GF Score™ is 33/100 with 1 warning sign 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 Solbar Ningbo Protein Technology Co (SHSE:603231), the current Total Inventories is ¥235 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.

Solbar Ningbo Protein Technology Co Business Description

Address No. 12, Xingye Avenue, Ningbo Free Trade Zone, Zhejiang Province, Ningbo, CHN, 315800
Solbar Ningbo Protein Technology Co Ltd is engaged in the production and sales of soy protein series products. Its products include Functional Soy Protein Concentrates, Textured Soy Protein Concentrates, Textured Soy Protein, Textured Fibrous Vegetable Protein, Isolated Soy Protein and Defatted Soy Flour.
33GF Score

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

¥15.78
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