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.
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.
CM Energy Tech CoHKSE:00206 +0.42%53 Days Payable is 68.37 as of Dec. 2025, which is 86% below its 10-year median of 503.92. GuruFocus rates HKSE:00206 with a GF Score™ of 53/100 and a GF Value™ of HK$0.20 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 856 Oil & Gas companies, CM Energy Tech Co ranks better than 59.46% on this metric.
The historical rank and industry rank for CM Energy Tech Co's Days Payable or its related term are showing as below:
HKSE:00206'
s Days Payable Range Over the Past 10 Years
Min: 77.79 Med: 503.92 Max: 1439.87
Current: 77.79
During the past 13 years, CM Energy Tech Co's highest Days Payable was 1439.87. The lowest was 77.79. And the median was 503.92.
HKSE:00206's Days Payable is ranked better than 59.46% of 856
companies
in the Oil & Gas industry
Industry Median: 59.315
vs HKSE:00206: 77.79
CM Energy Tech Co's Days Payable
increased
from Dec. 2024 (65.20) to Dec. 2025 (68.37).
It may suggest that CM Energy Tech Codelayed paying its suppliers.
The historical data trend for CM Energy Tech Co'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.
HKSE:00206 vs SLB, BKR, FTI: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, CM Energy Tech Co'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.
CM Energy Tech Co Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CM Energy Tech Co's Days Payable distribution charts can be found below:
* The bar in red indicates where CM Energy Tech Co'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.
CM Energy Tech Co'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.
CM Energy Tech Co (HKSE:00206) has a Days Payable of 68.37 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 CM Energy Tech Co and its competitors. This is 86% below median its historical median of 503.92. Over the past decade, CM Energy Tech Co's Days Payable has ranged from 77.79 to 1,439.87. According to the industry distribution chart, CM Energy Tech Co ranks #347 out of 856 companies in the Oil & Gas industry, placing it in the top 40.5%.
Is CM Energy Tech Co's Days Payable too high?
CM Energy Tech Co's current Days Payable of 68.37 is 86% below median its 10-year median of 503.92. Over the past 10 years, this metric has ranged from a low of 77.79 to a high of 1,439.87. The Oil & Gas industry median Days Payable is 59.32. CM Energy Tech Co's value of 68.37 is 15.3% above this industry median. Based on the distribution chart, CM Energy Tech Co ranks #347 out of 856 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, CM Energy Tech Co has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CM Energy Tech Co's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, CM Energy Tech Co ranks #347 out of 856 companies for Days Payable. This puts CM Energy Tech Co in the upper half of its industry. The industry median Days Payable is 59.32. CM Energy Tech Co's value of 68.37 is 15.3% above this benchmark. Historically, CM Energy Tech Co's own Days Payable has ranged from 77.79 to 1,439.87 over the past decade. While the company's 10-year median is 503.92 vs. the industry median of 59.32, CM Energy Tech Co 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 59.32, based on 856 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. CM Energy Tech Co's current Days Payable of 68.37 is 15.3% 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 CM Energy Tech Co and its competitors. For the Oil & Gas industry, the median Days Payable is 59.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CM Energy Tech Co's current Days Payable is 68.37, which is 86% below median its own 10-year median of 503.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CM Energy Tech Co stock overvalued right now?
Based on GuruFocus' analysis, CM Energy Tech Co (HKSE:00206) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.24 — trading 18.5% above its estimated fair value. The current Days Payable is 68.37, which is 86% below median its 10-year median of 503.92 and 15.3% above the Oil & Gas industry median of 59.32. CM Energy Tech Co's overall GF Score™ is 53/100 with 5 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 CM Energy Tech Co (HKSE:00206), the current Days Payable is 68.37 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 CM Energy Tech Co (HKSE:00206) Overvalued in 2026?
Based on GuruFocus' analysis, CM Energy Tech Co stock appears to be overvalued.
The current stock price of HK$0.24 is trading 18.5% above its estimated GF Value™ of HK$0.20.
GuruFocus considers CM Energy Tech Co to be Modestly Overvalued.
Key valuation signals for HKSE:00206:
Days Payable: 68.37 (86% below median its 10-year median of 503.92)
GF Value™: HK$0.20 vs. price of HK$0.24 (18.5% above fair value)
Industry Position: 15.3% above the Oil & Gas median (#347 of 856)
No single metric tells the full story. See the HKSE:00206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CM Energy Tech Co Ltd is an investment holding company operating in the new energy sector. Its activities are centered on hydrogen energy, marine equipment, electric drive systems, and related services. The company has three reportable segments: Equipment manufacturing and packages, Supply chain and integration services and Assets management and engineering services. The majority of revenue is derived from the Shipbuilding and offshore equipment support segment, which includes Design, manufacturing, installation and commissioning of equipment related to land and offshore drilling rigs and equipment related to offshore wind power installation platforms and rigs. Its product range includes jacking systems, pile legs and racks, cranes, etc.
53GF Score
Get the complete analysis for HKSE:00206
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00206 has been successfully added to your 
