HangZhou Nbond Nonwovens Co (SHSE:603238) Total Inventories: ¥378 Mil (As of Mar. 2026)

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SHSE:603238 HangZhou Nbond Nonwovens Co Ltd SHSE:603238
63 GF Score
Price ¥11.58
GF Value ¥20.56
Valuation Significantly Undervalued
! 4 Warning Signs
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What is HangZhou Nbond Nonwovens Co Total Inventories?

HangZhou Nbond Nonwovens Co SHSE:603238 +0.35% 63 Total Inventories is ¥378 Mil as of Mar. 2026. GuruFocus rates SHSE:603238 with a GF Score™ of 63/100 and a GF Value™ of ¥20.56 (Significantly Undervalued). The stock has 4 warning signs investors should review.

HangZhou Nbond Nonwovens Co's total inventories for the quarter that ended in Mar. 2026 was ¥378 Mil. HangZhou Nbond Nonwovens Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥337 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HangZhou Nbond Nonwovens Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-2.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HangZhou Nbond Nonwovens Co's Days Inventory for the three months ended in Mar. 2026 was 51.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. HangZhou Nbond Nonwovens Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.77.

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. HangZhou Nbond Nonwovens Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.48.


HangZhou Nbond Nonwovens Co  (SHSE:603238) 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.

HangZhou Nbond Nonwovens 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)
=(1105.76+0.75 * 448.644+0.5 * 377.71-1839.14
-0-278.742)/177.509
=-2.74

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

HangZhou Nbond Nonwovens 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
=336.934/595.501*365 / 4
=51.63

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

HangZhou Nbond Nonwovens 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 )
=595.501 / 336.934
=1.77

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.

HangZhou Nbond Nonwovens 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 )
=336.934 / 706.714
=0.48

* 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.


HangZhou Nbond Nonwovens Co Total Inventories Related Terms


HangZhou Nbond Nonwovens Co Total Inventories Historical Data

* Premium members only.

The historical data trend for HangZhou Nbond Nonwovens 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.

HangZhou Nbond Nonwovens Co Total Inventories Chart

HangZhou Nbond Nonwovens 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 273.52 190.66 178.69 245.18 296.16

HangZhou Nbond Nonwovens 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 310.81 300.79 362.50 296.16 377.71
SHSE:603238
63GF Score
HangZhou Nbond Nonwovens Co Ltd SHSE:603238
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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HangZhou Nbond Nonwovens 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 ¥378 Mil mean?
HangZhou Nbond Nonwovens Co (SHSE:603238) has a Total Inventories of ¥378 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for HangZhou Nbond Nonwovens Co and its competitors.
Is HangZhou Nbond Nonwovens Co's Total Inventories too high?
HangZhou Nbond Nonwovens Co's current Total Inventories is ¥378 Mil. Overall, HangZhou Nbond Nonwovens Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HangZhou Nbond Nonwovens Co's Total Inventories compare to competitors?
HangZhou Nbond Nonwovens Co's Total Inventories of ¥378 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Total Inventories depends on the Manufacturing - Apparel & Accessories 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 HangZhou Nbond Nonwovens Co and its competitors. HangZhou Nbond Nonwovens Co's current Total Inventories is ¥378 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HangZhou Nbond Nonwovens Co stock overvalued right now?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co (SHSE:603238) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.56, compared to a current price of ¥11.58 — trading 43.7% below its estimated fair value. The current Total Inventories is ¥378 Mil. HangZhou Nbond Nonwovens Co's overall GF Score™ is 63/100 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 HangZhou Nbond Nonwovens Co (SHSE:603238), the current Total Inventories is ¥378 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 HangZhou Nbond Nonwovens Co (SHSE:603238) Overvalued in 2026?

Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co stock appears to be undervalued. The current stock price of ¥11.58 is trading 43.7% below its estimated GF Value™ of ¥20.56. GuruFocus considers HangZhou Nbond Nonwovens Co to be Significantly Undervalued.

Key valuation signals for SHSE:603238:

  • Total Inventories: ¥378 Mil
  • GF Value™: ¥20.56 vs. price of ¥11.58 (43.7% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HangZhou Nbond Nonwovens Co Business Description

Address No. 8 Changda Road / No. 16 Hongda Road, National Economic and Technological Development Zone, Zhejiang Province, Linping District, Hangzhou, CHN, 311102
HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.
63GF Score

Get the complete analysis for SHSE:603238

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

¥11.58
Price
¥20.56
GF Value