Henan Jinma Energy Company (HKSE:06885) Total Inventories : HK$896 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Henan Jinma Energy Company Total Inventories?

Henan Jinma Energy Company's total inventories for the quarter that ended in Dec. 2023 was HK$896 Mil. Henan Jinma Energy Company's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$686 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Henan Jinma Energy Company's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-13.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Henan Jinma Energy Company's Days Inventory for the six months ended in Dec. 2023 was 19.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Jinma Energy Company's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.49.

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. Henan Jinma Energy Company's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Henan Jinma Energy Company Total Inventories Historical Data

The historical data trend for Henan Jinma Energy Company'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.

Henan Jinma Energy Company Total Inventories Chart

Henan Jinma Energy Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

349.45

439.73

572.65

637.73

895.77

Henan Jinma Energy Company Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial												572.65	480.50	637.73	475.45	895.77

Henan Jinma Energy Company 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.

Henan Jinma Energy Company (HKSE:06885) 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.

Henan Jinma Energy Company'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)
=	(2245.757	+	0.75 * 180.889	+	0.5 * 895.766	-	8416.369
-	0	-	1509.175)	/	535.421
=	-13.25

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

Henan Jinma Energy Company'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
	=	685.608	/	6507.257	*	365 / 2
	=	19.23

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

Henan Jinma Energy Company'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 )
	=	6507.257	/	685.608
	=	9.49

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.

Henan Jinma Energy Company'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 )
	=	685.608	/	6761.314
	=	0.10

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.

Henan Jinma Energy Company Total Inventories Related Terms

Thank you for viewing the detailed overview of Henan Jinma Energy Company's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Henan Jinma Energy Company (HKSE:06885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Henan Jinma Energy Company Ltd (HKSE:06885) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

West First Ring Road South, Henan Province, Jiyuan, CHN, 459000

Website

https://www.hnjmny.com

Henan Jinma Energy Company Ltd operates as a coke producer and processor of coking by-products in the coking chemical industry in Henan province. It operates through the following business segments: Coke Segment is mainly engaged in the manufacture of Coke. The Refined Chemicals Segment is mainly engaged in the manufacture of benzene-based chemicals and coal-tar-based chemicals. Energy Products Segment is mainly engaged in the manufacture of coal gas. The Trading Segment is mainly engaged in the trading of coal and coal mining equipment. It generates maximum revenue from the Coke segment. Geographically, it derives revenue from the PRC.

Executives

Lam Yuk Wai	2202 Interest of your spouse
Yiu Chiu Fai	2101 Beneficial owner
Zheng Jing	2202 Interest of your spouse
Wang Li Jie	2201 Interest of corporation controlled by you
Ji Yuan Shi Jin Ma Xing Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Bei Jing Fang Da Guo Ji Shi Ye Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Fang Wei	2201 Interest of corporation controlled by you
Jiang Xi Fang Da Gang Tie Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Xi Ping Gang Shi Ye Gu Fen You Xian Gong Si	2101 Beneficial owner
Liao Ning Fang Da Ji Tuan Shi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Xing Hua Gong Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Ma Jiao Hua Ying Shu Wei Jing Qun Dao You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Ma Neng Yuan Xiang Gang You Xian Gong Si	2101 Beneficial owner
Ma Gang Ji Tuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Ma An Shan Gang Tie Gu Fen You Xian Gong Si	2101 Beneficial owner

Henan Jinma Energy Company (HKSE:06885) Headlines

No Headlines