Shougang Century Holdings (HKSE:00103) Days Payable: 149.00 (As of Dec. 2025) — Near Median

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HKSE:00103 Shougang Century Holdings Ltd HKSE:00103
61 GF Score
Price HK$1.85
GF Value HK$1.11
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shougang Century Holdings Days Payable?

Shougang Century Holdings HKSE:00103 -3.65% 61 Days Payable is 149.00 as of Dec. 2025, which is 1% below its 10-year median of 150.42. GuruFocus rates HKSE:00103 with a GF Score™ of 61/100 and a GF Value™ of HK$1.11 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 598 Steel companies, Shougang Century Holdings ranks better than 91.81% on this metric.

Shougang Century Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$865 Mil. Shougang Century Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,059 Mil. Hence, Shougang Century Holdings's Days Payable for the six months ended in Dec. 2025 was 149.00.

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

HKSE:00103' s Days Payable Range Over the Past 10 Years
Min: 107.85   Med: 150.42   Max: 164.25
Current: 150.51

During the past 13 years, Shougang Century Holdings's highest Days Payable was 164.25. The lowest was 107.85. And the median was 150.42.

HKSE:00103's Days Payable is ranked better than
91.81% of 598 companies
in the Steel industry
Industry Median: 41.855 vs HKSE:00103: 150.51

Shougang Century Holdings's Days Payable declined from Dec. 2024 (152.98) to Dec. 2025 (149.00). It may suggest that Shougang Century Holdings accelerated paying its suppliers.


Shougang Century Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Shougang Century 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.

Shougang Century Holdings Days Payable Chart

Shougang Century 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 150.53 164.25 137.40 141.47 150.30

Shougang Century 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 133.96 143.89 152.98 152.34 149.00

HKSE:00103 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Shougang Century 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.


Shougang Century Holdings Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Shougang Century Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Shougang Century Holdings's Days Payable falls into.


HKSE:00103
61GF Score
Shougang Century Holdings Ltd HKSE:00103
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shougang Century 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.

Shougang Century 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
=( (810.194 + 880.266) / 2 ) / 2052.558*365
=845.23 / 2052.558*365
=150.30

Shougang Century 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
=( (848.77 + 880.266) / 2 ) / 1058.883*365 / 2
=864.518 / 1058.883*365 / 2
=149.00

* 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 149.00 mean?
Shougang Century Holdings (HKSE:00103) has a Days Payable of 149.00 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 Shougang Century Holdings and its competitors. This is near median its historical median of 150.42. Over the past decade, Shougang Century Holdings' Days Payable has ranged from 107.85 to 164.25. According to the industry distribution chart, Shougang Century Holdings ranks #49 out of 598 companies in the Steel industry, placing it in the top 8.2%.
Is Shougang Century Holdings' Days Payable too high?
Shougang Century Holdings' current Days Payable of 149.00 is near median its 10-year median of 150.42. Over the past 10 years, this metric has ranged from a low of 107.85 to a high of 164.25. The Steel industry median Days Payable is 41.86. Shougang Century Holdings' value of 149.00 is 256% above this industry median. Based on the distribution chart, Shougang Century Holdings ranks #49 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shougang Century Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shougang Century Holdings' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Shougang Century Holdings ranks #49 out of 598 companies for Days Payable. This places Shougang Century Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.86. Shougang Century Holdings' value of 149.00 is 256% above this benchmark. Historically, Shougang Century Holdings' own Days Payable has ranged from 107.85 to 164.25 over the past decade. While the company's 10-year median is 150.42 vs. the industry median of 41.86, Shougang Century 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 Steel company?
The median Days Payable among Steel companies is 41.86, based on 598 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. Shougang Century Holdings's current Days Payable of 149.00 is 256% 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 Shougang Century Holdings and its competitors. For the Steel industry, the median Days Payable is 41.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shougang Century Holdings's current Days Payable is 149.00, which is near median its own 10-year median of 150.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shougang Century Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shougang Century Holdings (HKSE:00103) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.11, compared to a current price of HK$1.85 — trading 66.7% above its estimated fair value. The current Days Payable is 149.00, which is near median its 10-year median of 150.42 and 256% above the Steel industry median of 41.86. Shougang Century Holdings' overall GF Score™ is 61/100 with 8 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 Shougang Century Holdings (HKSE:00103), the current Days Payable is 149.00 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 Shougang Century Holdings (HKSE:00103) Overvalued in 2026?

Based on GuruFocus' analysis, Shougang Century Holdings stock appears to be overvalued. The current stock price of HK$1.85 is trading 66.7% above its estimated GF Value™ of HK$1.11. GuruFocus considers Shougang Century Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00103:

  • Days Payable: 149.00 (near median its 10-year median of 150.42)
  • GF Value™: HK$1.11 vs. price of HK$1.85 (66.7% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 256% above the Steel median (#49 of 598)

No single metric tells the full story. See the HKSE:00103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shougang Century Holdings Business Description

Address 6 Sun Yip Street, Room 1215, 12th Floor, Honour Industrial Centre, Chai Wan, Hong Kong, HKG
Shougang Century Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and sales of steel cords for radial tyres, sawing wires, and hose wires. The steel cords are specifically used in radial tires. The company generates the majority of its revenue from the steel cord business in China. The Group's operations are currently organized into one reportable segment: steel cord.
61GF Score

Get the complete analysis for HKSE:00103

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

HK$1.85
Price
HK$1.11
GF Value