Wing Fung Group Asia (HKSE:08526) Cash Conversion Cycle: 1.48 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08526 Wing Fung Group Asia Ltd HKSE:08526
40 GF Score
Price HK$0.29
GF Value HK$0.12
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Wing Fung Group Asia Cash Conversion Cycle?

Wing Fung Group Asia HKSE:08526 +1.79% 40 Cash Conversion Cycle is 1.48 as of Dec. 2025. GuruFocus rates HKSE:08526 with a GF Score™ of 40/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Wing Fung Group Asia's Days Sales Outstanding for the six months ended in Dec. 2025 was 65.79.
Wing Fung Group Asia's Days Inventory for the six months ended in Dec. 2025 was 0.
Wing Fung Group Asia's Days Payable for the six months ended in Dec. 2025 was 64.31.
Therefore, Wing Fung Group Asia's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 1.48.


Wing Fung Group Asia  (HKSE:08526) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Wing Fung Group Asia Cash Conversion Cycle Related Terms


Wing Fung Group Asia Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Wing Fung Group Asia's Cash Conversion Cycle 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.

Wing Fung Group Asia Cash Conversion Cycle Chart

Wing Fung Group Asia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.24 -12.74 -14.20 -9.09 7.06

Wing Fung Group Asia Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle 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 -6.25 -13.51 -6.30 -24.46 1.48

HKSE:08526 vs TT, JCI, CARR: Cash Conversion Cycle Comparison

For the Building Products & Equipment subindustry, Wing Fung Group Asia's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wing Fung Group Asia Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Wing Fung Group Asia's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Wing Fung Group Asia's Cash Conversion Cycle falls into.


HKSE:08526
40GF Score
Wing Fung Group Asia Ltd HKSE:08526
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wing Fung Group Asia Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Wing Fung Group Asia's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=88.49+0-81.43
=7.06

Wing Fung Group Asia's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=65.79+0-64.31
=1.48

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 1.48 mean?
Wing Fung Group Asia (HKSE:08526) has a Cash Conversion Cycle of 1.48 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Wing Fung Group Asia and its competitors.
Is Wing Fung Group Asia's Cash Conversion Cycle too high?
Wing Fung Group Asia's current Cash Conversion Cycle is 1.48. The Construction industry median Cash Conversion Cycle is 55.40. Wing Fung Group Asia's value of 1.48 is 97.3% below this industry median. Overall, Wing Fung Group Asia has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing Fung Group Asia's Cash Conversion Cycle compare to TT and JCI?
Wing Fung Group Asia's Cash Conversion Cycle of 1.48 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.40. Wing Fung Group Asia's value of 1.48 is 97.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Construction company?
The median Cash Conversion Cycle among Construction companies is 55.40, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wing Fung Group Asia's current Cash Conversion Cycle of 1.48 is 97.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Wing Fung Group Asia and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wing Fung Group Asia's current Cash Conversion Cycle is 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing Fung Group Asia stock overvalued right now?
Based on GuruFocus' analysis, Wing Fung Group Asia (HKSE:08526) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.29 — trading 137.5% above its estimated fair value. The current Cash Conversion Cycle is 1.48 and 97.3% below the Construction industry median of 55.40. Wing Fung Group Asia's overall GF Score™ is 40/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Wing Fung Group Asia (HKSE:08526), the current Cash Conversion Cycle is 1.48 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wing Fung Group Asia (HKSE:08526) Overvalued in 2026?

Based on GuruFocus' analysis, Wing Fung Group Asia stock appears to be overvalued. The current stock price of HK$0.29 is trading 137.5% above its estimated GF Value™ of HK$0.12. GuruFocus considers Wing Fung Group Asia to be Significantly Overvalued.

Key valuation signals for HKSE:08526:

  • Cash Conversion Cycle: 1.48
  • GF Value™: HK$0.12 vs. price of HK$0.29 (137.5% above fair value)
  • GF Score™: 40/100 with 7 warning signs
  • Industry Position: 97.3% below the Construction median

No single metric tells the full story. See the HKSE:08526 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wing Fung Group Asia Business Description

Address 1 Wang Kwong Road, Unit D, 21st Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Wing Fung Group Asia Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged as a subcontractor for the provision of supply, installation, and fitting-out services of mechanical ventilation and air-conditioning (MVAC) systems for various types of private and public building projects, including infrastructural, commercial, and residential building projects in Hong Kong and Macau. Geographically, the Group derives maximum revenue from its business in Hong Kong.
40GF Score

Get the complete analysis for HKSE:08526

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.29
Price
HK$0.12
GF Value