Hunan Zhenghong Science and Technology Develop Co

Hunan Zhenghong Science and Technology Develop Co Inventory Turnover

The Inventory Turnover Ratio of Hunan Zhenghong Science and Technology Develop Co (000702.SZ) as of Oct 31, 2026 is 13.33. In the previous year, Inventory Turnover Ratio was 17.74 — a change of -24.86% (lower).

Inventory Turnover

13.33

YoY

-24.86%

Last updated:

Inventory Turnover Ratio of Hunan Zhenghong Science and Technology Develop Co is 2024 13.33 . Inventory Turnover Ratio of Hunan Zhenghong Science and Technology Develop Co was 2023 17.74 . It decreases by -24.86% lower compared to the previous year.

The Hunan Zhenghong Science and Technology Develop Co Inventory Turnover history

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Inventory Turnover
Date
Inventory Turnover
Jan 1, 2017
6.05 CNY
Jan 1, 2018
7.09 CNY
Jan 1, 2019
8.27 CNY
Jan 1, 2020
3.06 CNY
Jan 1, 2021
7.00 CNY
Jan 1, 2022
5.35 CNY
Jan 1, 2023
17.74 CNY
Jan 1, 2024
13.33 CNY
The Hunan Zhenghong Science and Technology Develop Co Inventory Turnover history
YEARInventory TurnoverYoY
13.33-24.86%
17.74+231.69%
5.35-23.57%
7.00+128.68%
3.06-63.01%
8.27+16.63%
7.09+17.24%
6.05-27.51%
8.35+1.90%
8.19-17.41%
9.92—

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Hunan Zhenghong Science and Technology Develop Co Stock analysis

What does Hunan Zhenghong Science and Technology Develop Co do? Hunan Zhenghong Science & Technology Development Co. Ltd. generates revenue through the research, production, and sale of animal feedstuffs, primarily focusing on pig feedstuffs. The company also sells chicken, fish, and other feedstuffs, along with retailing feedstuff raw materials. Additional income comes from its pig farming business and subsidiaries engaged in biotechnology development, feedstuff storage and distribution, and feedstuff additives. The firm serves domestic markets exclusively, leveraging its full-time workforce of 1,005 employees to operate across multiple segments including livestock feed production and real estate development. The company's core products are pig feedstuffs, chicken feedstuffs, fish feedstuffs, and other feedstuffs, which are sold directly to domestic customers. Feedstuff raw materials are retailed to businesses within the agricultural sector. Pig farming operations contribute to revenue through livestock sales, while subsidiaries handle biotechnology, storage, distribution, and additives, targeting domestic market segments. The firm’s domestic market focus ensures consistent demand for its diverse feed product range. Hunan Zhenghong's business model relies on integrated operations across feed production, farming, and related services. By offering a comprehensive suite of products including pig, chicken, and fish feedstuffs, the company captures multiple segments within the agricultural industry. The retail of feedstuff raw materials and the operation of pig farming further diversify revenue streams, while subsidiaries in biotechnology and real estate development support the company’s broader market presence without expanding into international markets. Hunan Zhenghong Science and Technology Develop Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hunan Zhenghong Science and Technology Develop Co stock

Inventory Turnover Ratio of Hunan Zhenghong Science and Technology Develop Co is 13.33 in 2024.

Inventory Turnover Ratio of Hunan Zhenghong Science and Technology Develop Co changed from 17.74 to 13.33, representing a -24.86% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Inventory Turnover Ratio Hunan Zhenghong Science and Technology Develop Co since 2006 – with annual values, charts, and detailed analysis.

Inventory turnover measures how many times inventory is sold and replaced during a period. Higher turnover indicates efficient inventory management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Inventory Turnover Ratio's Hunan Zhenghong Science and Technology Develop Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Inventory Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Inventory Turnover Ratio.

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Profitability — Hunan Zhenghong Science and Technology Develop Co

All Key Metrics — Hunan Zhenghong Science and Technology Develop Co