Cathay Biotech (SHSE:688065) Total Inventories: ¥1,401 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688065 Cathay Biotech Inc SHSE:688065
91 GF Score
Price ¥46.29
GF Value ¥50.12
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Cathay Biotech Total Inventories?

Cathay Biotech SHSE:688065 +8.28% 91 Total Inventories is ¥1,401 Mil as of Mar. 2026. GuruFocus rates SHSE:688065 with a GF Score™ of 91/100 and a GF Value™ of ¥50.12 (Fairly Valued). The stock has 5 warning signs investors should review.

Cathay Biotech's total inventories for the quarter that ended in Mar. 2026 was ¥1,401 Mil. Cathay Biotech's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥1,421 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cathay Biotech's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥5.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cathay Biotech's Days Inventory for the three months ended in Mar. 2026 was 231.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cathay Biotech's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.39.

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. Cathay Biotech's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.62.


Cathay Biotech  (SHSE:688065) 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.

Cathay Biotech'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)
=(9405.5+0.75 * 345.848+0.5 * 1401.033-3071.955
-0-3613.875)/721.290
=5.10

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

Cathay Biotech'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
=1420.5745/559.349*365 / 4
=231.75

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

Cathay Biotech'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 )
=559.349 / 1420.5745
=0.39

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.

Cathay Biotech'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 )
=1420.5745 / 874.53
=1.62

* 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.


Cathay Biotech Total Inventories Related Terms


Cathay Biotech Total Inventories Historical Data

* Premium members only.

The historical data trend for Cathay Biotech'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.

Cathay Biotech Total Inventories Chart

Cathay Biotech 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 1,185.12 1,573.64 1,466.36 1,180.53 1,440.12

Cathay Biotech 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 1,163.51 1,162.08 1,285.42 1,440.12 1,401.03
SHSE:688065
91GF Score
Cathay Biotech Inc SHSE:688065
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cathay Biotech 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 ¥1,401 Mil mean?
Cathay Biotech (SHSE:688065) has a Total Inventories of ¥1,401 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Cathay Biotech and its competitors.
Is Cathay Biotech's Total Inventories too high?
Cathay Biotech's current Total Inventories is ¥1,401 Mil. Overall, Cathay Biotech has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cathay Biotech's Total Inventories compare to DOW?
Cathay Biotech's Total Inventories of ¥1,401 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Total Inventories depends on the Chemicals 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 Cathay Biotech and its competitors. Cathay Biotech's current Total Inventories is ¥1,401 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Biotech stock overvalued right now?
Based on GuruFocus' analysis, Cathay Biotech (SHSE:688065) is currently considered Fairly Valued. The stock's GF Value™ is ¥50.12, compared to a current price of ¥46.29 — trading 7.6% below its estimated fair value. The current Total Inventories is ¥1,401 Mil. Cathay Biotech's overall GF Score™ is 91/100 with 5 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 Cathay Biotech (SHSE:688065), the current Total Inventories is ¥1,401 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 Cathay Biotech (SHSE:688065) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Biotech stock appears to be undervalued. The current stock price of ¥46.29 is trading 7.6% below its estimated GF Value™ of ¥50.12. GuruFocus considers Cathay Biotech to be Fairly Valued.

Key valuation signals for SHSE:688065:

  • Total Inventories: ¥1,401 Mil
  • GF Value™: ¥50.12 vs. price of ¥46.29 (7.6% below fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cathay Biotech Business Description

Address Oasis Ring Road, Building 11, Lane 396, Minhang District, Shanghai, CHN, 201114
Cathay Biotech Inc is engaged in research, development, production, and sales of new bio-based materials. The company owns the TERRYL brand, which focuses on bio-based polyamide fibers for textiles, and ECOPENT, which serves the engineering materials market.
91GF Score

Get the complete analysis for SHSE:688065

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

¥46.29
Price
¥50.12
GF Value