Beijing Jingneng Clean Energy Co (HKSE:00579) Total Inventories : HK$96 Mil (As of Dec. 2023)

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What is Beijing Jingneng Clean Energy Co Total Inventories?

Beijing Jingneng Clean Energy Co's total inventories for the quarter that ended in Dec. 2023 was HK$96 Mil. Beijing Jingneng Clean Energy Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$116 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Beijing Jingneng Clean Energy Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-5.94.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Jingneng Clean Energy Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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. Beijing Jingneng Clean Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Beijing Jingneng Clean Energy Co Total Inventories Historical Data

The historical data trend for Beijing Jingneng Clean Energy 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.

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Beijing Jingneng Clean Energy Co Total Inventories Chart

Beijing Jingneng Clean Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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118.49

123.78

118.34

108.63

96.01

Beijing Jingneng Clean Energy Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															108.63	135.00	135.93	96.01	-

Beijing Jingneng Clean Energy 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.

Beijing Jingneng Clean Energy Co (HKSE:00579) 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.

Beijing Jingneng Clean Energy 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)
=	(7506.538	+	0.75 * 11939.625	+	0.5 * 96.005	-	64613.635
-	0	-	895.999)	/	8244.51
=	-5.94

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

Beijing Jingneng Clean Energy Co's Days Inventory for the three 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
	=	115.968	/	0	*	365 / 4
	=

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

Beijing Jingneng Clean Energy 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 )
	=	0	/	115.968
	=	0.00

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.

Beijing Jingneng Clean Energy 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 )
	=	115.968	/	5821.39
	=	0.02

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.

Beijing Jingneng Clean Energy Co Total Inventories Related Terms

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Beijing Jingneng Clean Energy Co (HKSE:00579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Jingneng Clean Energy Co Ltd (HKSE:00579) » Definitions » Total Inventories

Traded in Other Exchanges

BJ6:Germany

Address

No. 6 Xibahe Road, 7/8/9 Floor, Chaoyang District, Beijing, CHN, 100028

Website

https://www.jncec.com

Beijing Jingneng Clean Energy Co Ltd H is a subsidiary of the Beijing Energy Holding Company, a state-owned investment enterprise operating in China. The company produces electricity and heat energy from its gas-fired, wind, hydro, and solar power plants. Gas- and wind-powered facilities are responsible for most of this output. Beijing Jingneng Clean Energy generates nearly all of its revenue from the sale of electricity and heat energy resulting from its gas-fired power generation sites. The company is the largest gas-fired power supplier in Beijing and one of the largest wind power operators in China.

Executives

Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Beijing Energy Holding Co., Ltd	2201 Interest of corporation controlled by you
Beijing Energy Investment Holding (hong Kong) Co., Ltd.	2101 Beneficial owner

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