Listed companies' inventory value up 35%
Updated: 2011-04-14 17:37
By Hao Yan (chinadaily.com.cn)
The total value of 1,409 listed companies' inventories climbed 35.4 percent in 2010 to 2.6 trillion yuan ($396 billion), after removing banking and finance companies' non-comparable factors, China Securities News reported Thursday.
Increases in inventory value were reported by 1,152 companies in 2010, and the value of inventories more than doubled for 143 of those companies, according to annual reports filed to stock exchanges.
After non-comparable factors were removed, raw materials and finished goods each accounted for a lower percentage of inventory value, compared with 2009, but the value of unfinished goods increased, according to the data.
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