Tongda Group Holdings (FRA:TJC0) Days Payable: 179.08 (As of Dec. 2025) — 29% Above Median


FRA:TJC0 Tongda Group Holdings Ltd FRA:TJC0
45 GF Score
Price €0.18
GF Value €0.41
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Tongda Group Holdings Days Payable?

Tongda Group Holdings FRA:TJC0 -4.35% 45 Days Payable is 179.08 as of Dec. 2025, which is 29% above its 10-year median of 138.91. GuruFocus rates FRA:TJC0 with a GF Score™ of 45/100 and a GF Value™ of €0.41 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,441 Hardware companies, Tongda Group Holdings ranks better than 89.18% on this metric.

Tongda Group Holdings's average Accounts Payable for the six months ended in Dec. 2025 was €244.1 Mil. Tongda Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was €248.8 Mil. Hence, Tongda Group Holdings's Days Payable for the six months ended in Dec. 2025 was 179.08.

The historical rank and industry rank for Tongda Group Holdings's Days Payable or its related term are showing as below:

FRA:TJC0' s Days Payable Range Over the Past 10 Years
Min: 114.56   Med: 138.91   Max: 194.04
Current: 193.01

During the past 13 years, Tongda Group Holdings's highest Days Payable was 194.04. The lowest was 114.56. And the median was 138.91.

FRA:TJC0's Days Payable is ranked better than
89.18% of 2441 companies
in the Hardware industry
Industry Median: 69.99 vs FRA:TJC0: 193.01

Tongda Group Holdings's Days Payable increased from Dec. 2024 (117.58) to Dec. 2025 (179.08). It may suggest that Tongda Group Holdings delayed paying its suppliers.


Tongda Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Tongda Group Holdings'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.

Tongda Group Holdings Days Payable Chart

Tongda Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.79 164.06 131.50 132.01 206.58

Tongda Group Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable 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 90.40 152.19 117.58 219.67 179.08

FRA:TJC0 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Tongda Group Holdings'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.


Tongda Group Holdings Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Tongda Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tongda Group Holdings's Days Payable falls into.


FRA:TJC0
45GF Score
Tongda Group Holdings Ltd FRA:TJC0
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tongda Group Holdings Days Payable Calculation

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.

Tongda Group Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (310.219 + 234.754) / 2 ) / 481.445*365
=272.4865 / 481.445*365
=206.58

Tongda Group Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (253.492 + 234.754) / 2 ) / 248.779*365 / 2
=244.123 / 248.779*365 / 2
=179.08

* 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 Days Payable →
What does a Days Payable of 179.08 mean?
Tongda Group Holdings (FRA:TJC0) has a Days Payable of 179.08 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 Tongda Group Holdings and its competitors. This is 29% above median its historical median of 138.91. Over the past decade, Tongda Group Holdings' Days Payable has ranged from 114.56 to 194.04. According to the industry distribution chart, Tongda Group Holdings ranks #264 out of 2441 companies in the Hardware industry, placing it in the top 10.8%.
Is Tongda Group Holdings' Days Payable too high?
Tongda Group Holdings' current Days Payable of 179.08 is 29% above median its 10-year median of 138.91. Over the past 10 years, this metric has ranged from a low of 114.56 to a high of 194.04. The Hardware industry median Days Payable is 69.99. Tongda Group Holdings' value of 179.08 is 155.9% above this industry median. Based on the distribution chart, Tongda Group Holdings ranks #264 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tongda Group Holdings has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tongda Group Holdings' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Tongda Group Holdings ranks #264 out of 2441 companies for Days Payable. This places Tongda Group Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.99. Tongda Group Holdings' value of 179.08 is 155.9% above this benchmark. Historically, Tongda Group Holdings' own Days Payable has ranged from 114.56 to 194.04 over the past decade. While the company's 10-year median is 138.91 vs. the industry median of 69.99, Tongda Group Holdings 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 a Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 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. Tongda Group Holdings's current Days Payable of 179.08 is 155.9% 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 Tongda Group Holdings and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongda Group Holdings's current Days Payable is 179.08, which is 29% above median its own 10-year median of 138.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongda Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tongda Group Holdings (FRA:TJC0) is currently considered Possible Value Trap. The stock's GF Value™ is €0.41, compared to a current price of €0.18 — trading 57.1% below its estimated fair value. The current Days Payable is 179.08, which is 29% above median its 10-year median of 138.91 and 155.9% above the Hardware industry median of 69.99. Tongda Group Holdings' overall GF Score™ is 45/100 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 Tongda Group Holdings (FRA:TJC0), the current Days Payable is 179.08 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 Tongda Group Holdings (FRA:TJC0) Overvalued in 2026?

Based on GuruFocus' analysis, Tongda Group Holdings stock appears to be undervalued. The current stock price of €0.18 is trading 57.1% below its estimated GF Value™ of €0.41. GuruFocus considers Tongda Group Holdings to be Possible Value Trap.

Key valuation signals for FRA:TJC0:

  • Days Payable: 179.08 (29% above median its 10-year median of 138.91)
  • GF Value™: €0.41 vs. price of €0.18 (57.1% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 155.9% above the Hardware median (#264 of 2441)

No single metric tells the full story. See the FRA:TJC0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongda Group Holdings Business Description

Other Exchanges 00698:Hong Kong
Address 468 Guanghua 3rd Road, Bawang Industrial Complex, Baiyun District, Guangzhou, CHN, 510450
Tongda Group Holdings Ltd is a one-stop solution provider for precision structural parts, offering comprehensive services spanning product design, research and development (R&D), to manufacturing. The group maintains a diversified product portfolio, covering household and sports goods, smartphone casings, network communications equipment, and smart household appliance panels. Its segments are Consumer Electronics Structural Parts: consists of manufacturing of components of handset casings and high-precision components, panels for smart electrical appliances, network communications facilities and other electrical consumer products; and Household and Sporting Goods: consists of durable household goods, household utensils and sports goods.
45GF Score

Get the complete analysis for FRA:TJC0

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

€0.18
Price
€0.41
GF Value