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CGN New Energy Holdings Co (HKSE:01811) Total Inventories : HK$349 Mil (As of Dec. 2023)


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What is CGN New Energy Holdings Co Total Inventories?

CGN New Energy Holdings Co's total inventories for the quarter that ended in Dec. 2023 was HK$349 Mil. CGN New Energy Holdings Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$394 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CGN New Energy Holdings Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-10.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CGN New Energy Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 22.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. CGN New Energy Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.09.

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. CGN New Energy Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.


CGN New Energy Holdings Co Total Inventories Historical Data

The historical data trend for CGN New Energy Holdings 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.

* Premium members only.

CGN New Energy Holdings Co Total Inventories Chart

CGN New Energy Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 223.08 189.50 422.78 516.39 348.69

CGN New Energy Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 422.78 455.08 516.39 439.29 348.69

CGN New Energy Holdings 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.


CGN New Energy Holdings Co  (HKSE:01811) 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.

CGN New Energy Holdings Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2355.951+0.75 * 5982.525+0.5 * 348.692-52025.631
-0-1124.361)/4290.82
=-10.75

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

CGN New Energy Holdings Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=393.991/3189.194*365 / 2
=22.55

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

CGN New Energy Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=3189.194 / 393.991
=8.09

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.

CGN New Energy Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=393.991 / 7569.039
=0.05

* 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.


CGN New Energy Holdings Co Total Inventories Related Terms

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CGN New Energy Holdings Co (HKSE:01811) Business Description

Traded in Other Exchanges
Address
25 Harbour Road, 15th Floor, Harbour Centre, Wanchai, Hong Kong, HKG
CGN New Energy Holdings Co Ltd together with its subsidiaries is engaged in the generation and supply of electricity and steam, the construction and operation of power stations, and other associated facilities in PRC and Korea. The company has three reportable segments; Power plants in the PRC include the Generation and supply of electricity, Power plants in Korea include the Generation and supply of electricity, and Management companies include the Provision of management services to power plants operated by CGN and its subsidiaries.

CGN New Energy Holdings Co (HKSE:01811) Headlines

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