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China New EnergyFRA:9H5 42 Days Payable is 233.94 as of Dec. 2025, which is 17% above its 10-year median of 200.27. GuruFocus rates FRA:9H5 with a GF Score™ of 42/100 and a GF Value™ of €0.02. The stock has 4 warning signs investors should review. Among 860 Oil & Gas companies, China New Energy ranks better than 90% on this metric.
The historical rank and industry rank for China New Energy's Days Payable or its related term are showing as below:
FRA:9H5'
s Days Payable Range Over the Past 10 Years
Min: 87.14 Med: 200.27 Max: 666.06
Current: 322.53
During the past 13 years, China New Energy's highest Days Payable was 666.06. The lowest was 87.14. And the median was 200.27.
FRA:9H5's Days Payable is ranked better than 90% of 860
companies
in the Oil & Gas industry
Industry Median: 58.55
vs FRA:9H5: 322.53
China New Energy's Days Payable
declined
from Dec. 2024 (303.15) to Dec. 2025 (233.94).
It may suggest that China New Energyaccelerated paying its suppliers.
The historical data trend for China New Energy's Days Payable 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.
For the Oil & Gas Equipment & Services subindustry, China New Energy's Days Payable, along with its competitors' market caps and Days Payable 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.
China New Energy Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China New Energy's Days Payable distribution charts can be found below:
* The bar in red indicates where China New Energy's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
China New Energy's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
China New Energy (FRA:9H5) has a Days Payable of 233.94 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China New Energy and its competitors. This is 17% above median its historical median of 200.27. Over the past decade, China New Energy's Days Payable has ranged from 87.14 to 666.06. According to the industry distribution chart, China New Energy ranks #86 out of 860 companies in the Oil & Gas industry, placing it in the top 10%.
Is China New Energy's Days Payable too high?
China New Energy's current Days Payable of 233.94 is 17% above median its 10-year median of 200.27. Over the past 10 years, this metric has ranged from a low of 87.14 to a high of 666.06. The Oil & Gas industry median Days Payable is 58.55. China New Energy's value of 233.94 is 299.6% above this industry median. Based on the distribution chart, China New Energy ranks #86 out of 860 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, China New Energy has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does China New Energy's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, China New Energy ranks #86 out of 860 companies for Days Payable. This places China New Energy in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 58.55. China New Energy's value of 233.94 is 299.6% above this benchmark. Historically, China New Energy's own Days Payable has ranged from 87.14 to 666.06 over the past decade. While the company's 10-year median is 200.27 vs. the industry median of 58.55, China New Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.55, based on 860 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China New Energy's current Days Payable of 233.94 is 299.6% above 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 Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China New Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 58.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China New Energy's current Days Payable is 233.94, which is 17% above median its own 10-year median of 200.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China New Energy stock overvalued right now?
China New Energy (FRA:9H5) has a current Days Payable of 233.94. The stock's GF Value™ is €0.02, compared to a current price of €0.04 — trading 100% above its estimated fair value. The current Days Payable is 233.94, which is 17% above median its 10-year median of 200.27 and 299.6% above the Oil & Gas industry median of 58.55. China New Energy's overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For China New Energy (FRA:9H5), the current Days Payable is 233.94 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 China New Energy (FRA:9H5) Overvalued in 2026?
Based on GuruFocus' analysis, China New Energy stock appears to be overvalued.
The current stock price of €0.04 is trading 100% above its estimated GF Value™ of €0.02.
Key valuation signals for FRA:9H5:
Days Payable: 233.94 (17% above median its 10-year median of 200.27)
GF Value™: €0.02 vs. price of €0.04 (100% above fair value)
Industry Position: 299.6% above the Oil & Gas median (#86 of 860)
No single metric tells the full story. See the FRA:9H5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China New Energy Ltd is a provider of bioenergy technology solutions. The Group mainly provides integrated services, including engineering design, equipment manufacturing, installation and commissioning, and subsequent maintenance for the core system of ethanol production in the ethanol fuel and alcoholic beverage industries in the PRC. The company offers technology services to two industries: Ethanol fuel construction services and Alcoholic beverage construction services. It generates maximum revenue from the Ethanol fuel construction services streams. Geographically, it derives a majority of its revenue from the PRC and also has a presence in Indonesia, Russia, Myanmar, and Other Countries.
42GF Score
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