Ningbo Ronbay New Energy Technology Co (SHSE:688005) Total Inventories: ¥2,590 Mil (As of Mar. 2026)


SHSE:688005 Ningbo Ronbay New Energy Technology Co Ltd SHSE:688005
79 GF Score
Price ¥28.01
GF Value ¥23.43
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Ningbo Ronbay New Energy Technology Co Total Inventories?

Ningbo Ronbay New Energy Technology Co SHSE:688005 -3.18% 79 Total Inventories is ¥2,590 Mil as of Mar. 2026. GuruFocus rates SHSE:688005 with a GF Score™ of 79/100 and a GF Value™ of ¥23.43 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Ningbo Ronbay New Energy Technology Co's total inventories for the quarter that ended in Mar. 2026 was ¥2,590 Mil. Ningbo Ronbay New Energy Technology Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥2,363 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ningbo Ronbay New Energy Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-13.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Ronbay New Energy Technology Co's Days Inventory for the three months ended in Mar. 2026 was 62.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Ronbay New Energy Technology Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.45.

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. Ningbo Ronbay New Energy Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.63.


Ningbo Ronbay New Energy Technology Co  (SHSE:688005) 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.

Ningbo Ronbay New Energy 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)
=(2835.562+0.75 * 3923.53+0.5 * 2590.1-16372.327
-0-165.186)/714.725
=-13.24

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

Ningbo Ronbay New Energy 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
=2363.367/3424.68*365 / 4
=62.97

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

Ningbo Ronbay New Energy 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 )
=3424.68 / 2363.367
=1.45

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.

Ningbo Ronbay New Energy 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 )
=2363.367 / 3781.361
=0.63

* 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.


Ningbo Ronbay New Energy Technology Co Total Inventories Related Terms


Ningbo Ronbay New Energy Technology Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Ningbo Ronbay New Energy 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.

Ningbo Ronbay New Energy Technology Co Total Inventories Chart

Ningbo Ronbay New Energy Technology 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 1,667.79 3,296.94 1,532.69 2,222.06 2,136.63

Ningbo Ronbay New Energy Technology 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 2,134.44 2,002.46 2,116.21 2,136.63 2,590.10
SHSE:688005
79GF Score
Ningbo Ronbay New Energy Technology Co Ltd SHSE:688005
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Ronbay New Energy 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 ¥2,590 Mil mean?
Ningbo Ronbay New Energy Technology Co (SHSE:688005) has a Total Inventories of ¥2,590 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ningbo Ronbay New Energy Technology Co and its competitors.
Is Ningbo Ronbay New Energy Technology Co's Total Inventories too high?
Ningbo Ronbay New Energy Technology Co's current Total Inventories is ¥2,590 Mil. Overall, Ningbo Ronbay New Energy Technology Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Ronbay New Energy Technology Co's Total Inventories compare to VRT and BE?
Ningbo Ronbay New Energy Technology Co's Total Inventories of ¥2,590 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 Ningbo Ronbay New Energy Technology Co and its competitors. Ningbo Ronbay New Energy Technology Co's current Total Inventories is ¥2,590 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Ronbay New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Ronbay New Energy Technology Co (SHSE:688005) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.43, compared to a current price of ¥28.01 — trading 19.5% above its estimated fair value. The current Total Inventories is ¥2,590 Mil. Ningbo Ronbay New Energy Technology Co's overall GF Score™ is 79/100 with 10 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 Ningbo Ronbay New Energy Technology Co (SHSE:688005), the current Total Inventories is ¥2,590 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 Ningbo Ronbay New Energy Technology Co (SHSE:688005) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Ronbay New Energy Technology Co stock appears to be overvalued. The current stock price of ¥28.01 is trading 19.5% above its estimated GF Value™ of ¥23.43. GuruFocus considers Ningbo Ronbay New Energy Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688005:

  • Total Inventories: ¥2,590 Mil
  • GF Value™: ¥23.43 vs. price of ¥28.01 (19.5% above fair value)
  • GF Score™: 79/100 with 10 warning signs

No single metric tells the full story. See the SHSE:688005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Ronbay New Energy Technology Co Business Description

Address No. 39 Tanjialing East Road, Zhejiang Province, Yuyao, CHN, 315400
Ningbo Ronbay New Energy Technology Co Ltd is engaged in the research and development, production, and marketing of multi-materials, lithium ferromanganese phosphate (lmfp) materials, sodium battery materials, and multi-precursors. The products are mainly used in the manufacturing of lithium/sodium batteries and are mainly applied in fields such as electric vehicles, electric two-wheelers, energy storage equipment, and electronic products.
79GF Score

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

¥28.01
Price
¥23.43
GF Value