Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Total Inventories: ¥499 Mil (As of Mar. 2026)

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SHSE:603978 Shenzhen Sunxing Light Alloys Materials Co Ltd SHSE:603978
73 GF Score
Price ¥18.78
GF Value ¥23.03
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shenzhen Sunxing Light Alloys Materials Co Total Inventories?

Shenzhen Sunxing Light Alloys Materials Co SHSE:603978 +0.32% 73 Total Inventories is ¥499 Mil as of Mar. 2026. GuruFocus rates SHSE:603978 with a GF Score™ of 73/100 and a GF Value™ of ¥23.03 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Shenzhen Sunxing Light Alloys Materials Co's total inventories for the quarter that ended in Mar. 2026 was ¥499 Mil. Shenzhen Sunxing Light Alloys Materials Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥466 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shenzhen Sunxing Light Alloys Materials Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-7.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Sunxing Light Alloys Materials Co's Days Inventory for the three months ended in Mar. 2026 was 51.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Sunxing Light Alloys Materials Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.78.

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. Shenzhen Sunxing Light Alloys Materials Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.52.


Shenzhen Sunxing Light Alloys Materials Co  (SHSE:603978) 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.

Shenzhen Sunxing Light Alloys 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)
=(539.453+0.75 * 763.828+0.5 * 499.303-2949.832
-0-0)/211.094
=-7.52

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

Shenzhen Sunxing Light Alloys 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
=466.208/829.283*365 / 4
=51.30

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

Shenzhen Sunxing Light Alloys 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 )
=829.283 / 466.208
=1.78

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.

Shenzhen Sunxing Light Alloys 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 )
=466.208 / 902.092
=0.52

* 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.


Shenzhen Sunxing Light Alloys Materials Co Total Inventories Related Terms


Shenzhen Sunxing Light Alloys Materials Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Shenzhen Sunxing Light Alloys 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.

Shenzhen Sunxing Light Alloys Materials Co Total Inventories Chart

Shenzhen Sunxing Light Alloys Materials 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 178.59 230.53 218.95 390.43 433.11

Shenzhen Sunxing Light Alloys Materials 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 463.37 484.07 504.18 433.11 499.30
SHSE:603978
73GF Score
Shenzhen Sunxing Light Alloys Materials Co Ltd SHSE:603978
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Sunxing Light Alloys 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 ¥499 Mil mean?
Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) has a Total Inventories of ¥499 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Shenzhen Sunxing Light Alloys Materials Co and its competitors.
Is Shenzhen Sunxing Light Alloys Materials Co's Total Inventories too high?
Shenzhen Sunxing Light Alloys Materials Co's current Total Inventories is ¥499 Mil. Overall, Shenzhen Sunxing Light Alloys Materials Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Sunxing Light Alloys Materials Co's Total Inventories compare to AA?
Shenzhen Sunxing Light Alloys Materials Co's Total Inventories of ¥499 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Inventories depends on the Metals & Mining 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 Shenzhen Sunxing Light Alloys Materials Co and its competitors. Shenzhen Sunxing Light Alloys Materials Co's current Total Inventories is ¥499 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Sunxing Light Alloys Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.03, compared to a current price of ¥18.78 — trading 18.5% below its estimated fair value. The current Total Inventories is ¥499 Mil. Shenzhen Sunxing Light Alloys Materials Co's overall GF Score™ is 73/100 with 7 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 Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978), the current Total Inventories is ¥499 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 Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Sunxing Light Alloys Materials Co stock appears to be undervalued. The current stock price of ¥18.78 is trading 18.5% below its estimated GF Value™ of ¥23.03. GuruFocus considers Shenzhen Sunxing Light Alloys Materials Co to be Modestly Undervalued.

Key valuation signals for SHSE:603978:

  • Total Inventories: ¥499 Mil
  • GF Value™: ¥23.03 vs. price of ¥18.78 (18.5% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Sunxing Light Alloys Materials Co Business Description

Address 6013 Shennan Road, 1404, Zhongguo Youse Building, Shenzhen, CHN
Shenzhen Sunxing Light Alloys Materials Co Ltd operates in the industrial metals and minerals sector. The company is mainly engaged in research, development, production and sales of aluminium grain refiners. The products are widely used in various fields such as aerospace, rail transportation, military, marine, construction, machinery manufacturing, and chemical industry.
73GF Score

Get the complete analysis for SHSE:603978

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

¥18.78
Price
¥23.03
GF Value