SEC Electric Machinery Co (SHSE:603988) Total Inventories: ¥241.7 Mil (As of Mar. 2026)

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SHSE:603988 SEC Electric Machinery Co Ltd SHSE:603988
63 GF Score
Price ¥20.65
GF Value ¥15.51
Valuation Significantly Overvalued
! 4 Warning Signs
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What is SEC Electric Machinery Co Total Inventories?

SEC Electric Machinery Co SHSE:603988 +10.02% 63 Total Inventories is ¥241.7 Mil as of Mar. 2026. GuruFocus rates SHSE:603988 with a GF Score™ of 63/100 and a GF Value™ of ¥15.51 (Significantly Overvalued). The stock has 4 warning signs investors should review.

SEC Electric Machinery Co's total inventories for the quarter that ended in Mar. 2026 was ¥241.7 Mil. SEC Electric Machinery Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥238.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SEC Electric Machinery Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥0.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SEC Electric Machinery Co's Days Inventory for the three months ended in Mar. 2026 was 261.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. SEC Electric Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.35.

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. SEC Electric Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.03.


SEC Electric Machinery Co  (SHSE:603988) 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.

SEC Electric Machinery 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)
=(259.389+0.75 * 209.752+0.5 * 241.704-409.684
-0-0)/235.200
=0.54

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

SEC Electric Machinery 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
=238.577/83.155*365 / 4
=261.80

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

SEC Electric Machinery 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 )
=83.155 / 238.577
=0.35

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.

SEC Electric Machinery 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 )
=238.577 / 117.358
=2.03

* 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.


SEC Electric Machinery Co Total Inventories Related Terms


SEC Electric Machinery Co Total Inventories Historical Data

* Premium members only.

The historical data trend for SEC Electric Machinery 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.

SEC Electric Machinery Co Total Inventories Chart

SEC Electric Machinery 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 336.42 347.49 264.90 275.04 235.45

SEC Electric Machinery 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 291.69 302.63 307.01 235.45 241.70
SHSE:603988
63GF Score
SEC Electric Machinery Co Ltd SHSE:603988
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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SEC Electric Machinery 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 ¥241.7 Mil mean?
SEC Electric Machinery Co (SHSE:603988) has a Total Inventories of ¥241.7 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for SEC Electric Machinery Co and its competitors.
Is SEC Electric Machinery Co's Total Inventories too high?
SEC Electric Machinery Co's current Total Inventories is ¥241.7 Mil. Overall, SEC Electric Machinery Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEC Electric Machinery Co's Total Inventories compare to GEV and ETN?
SEC Electric Machinery Co's Total Inventories of ¥241.7 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 SEC Electric Machinery Co and its competitors. SEC Electric Machinery Co's current Total Inventories is ¥241.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEC Electric Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, SEC Electric Machinery Co (SHSE:603988) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.51, compared to a current price of ¥20.65 — trading 33.1% above its estimated fair value. The current Total Inventories is ¥241.7 Mil. SEC Electric Machinery 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 SEC Electric Machinery Co (SHSE:603988), the current Total Inventories is ¥241.7 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 SEC Electric Machinery Co (SHSE:603988) Overvalued in 2026?

Based on GuruFocus' analysis, SEC Electric Machinery Co stock appears to be overvalued. The current stock price of ¥20.65 is trading 33.1% above its estimated GF Value™ of ¥15.51. GuruFocus considers SEC Electric Machinery Co to be Significantly Overvalued.

Key valuation signals for SHSE:603988:

  • Total Inventories: ¥241.7 Mil
  • GF Value™: ¥15.51 vs. price of ¥20.65 (33.1% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SEC Electric Machinery Co Business Description

Address No. 777 East Gaolang Road, Binhu District, Jiangsu Provice, Wuxi, CHN
SEC Electric Machinery Co Ltd is a China-based medium and large-scale motors manufacturer and exporter. Its product range includes direct current (DC) motors, slip ring alternating current (AC) motors, squirrel cage AC motors, synchronous motors, petroleum drilling motors, mine elevator motors, wind-driven generators, flameproof motors, short-circuit generators, and turbo generators. The company caters its products and services to the metallurgy, thermal power, petrochemical, mining, building material production, paper converting,g, and wind energy conversion industries. The company exports its products to the United States, Italy, Brazil, Russia, Turkey, Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan.
63GF Score

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

¥20.65
Price
¥15.51
GF Value