Kong Sun Holdings (HKSE:00295) Days Payable: 112.28 (As of Dec. 2025) — 63% Below Median

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.

What is Kong Sun Holdings Days Payable?

Kong Sun Holdings HKSE:00295 Days Payable is 112.28 as of Dec. 2025, which is 63% below its 10-year median of 306.75. The stock has 7 warning signs investors should review. Among 391 Utilities - Independent Power Producers companies, Kong Sun Holdings ranks better than 65.47% on this metric.

Kong Sun Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$64.7 Mil. Kong Sun Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$105.2 Mil. Hence, Kong Sun Holdings's Days Payable for the six months ended in Dec. 2025 was 112.28.

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

HKSE:00295' s Days Payable Range Over the Past 10 Years
Min: 93.68   Med: 306.75   Max: 2746.41
Current: 139.66

During the past 13 years, Kong Sun Holdings's highest Days Payable was 2746.41. The lowest was 93.68. And the median was 306.75.

HKSE:00295's Days Payable is ranked better than
65.47% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.51 vs HKSE:00295: 139.66

Kong Sun Holdings's Days Payable declined from Dec. 2024 (161.69) to Dec. 2025 (112.28). It may suggest that Kong Sun Holdings accelerated paying its suppliers.


Kong Sun Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Kong Sun 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.

Kong Sun Holdings Days Payable Chart

Kong Sun 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 198.11 182.49 93.68 107.50 141.35

Kong Sun 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 88.87 50.86 161.69 172.71 112.28

Kong Sun Holdings Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Kong Sun 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.


Kong Sun Holdings Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kong Sun Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Kong Sun Holdings's Days Payable falls into.



Kong Sun 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.

Kong Sun 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
=( (83.729 + 60.771) / 2 ) / 186.565*365
=72.25 / 186.565*365
=141.35

Kong Sun 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
=( (68.663 + 60.771) / 2 ) / 105.193*365 / 2
=64.717 / 105.193*365 / 2
=112.28

* 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 112.28 mean?
Kong Sun Holdings (HKSE:00295) has a Days Payable of 112.28 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 Kong Sun Holdings and its competitors. This is 63% below median its historical median of 306.75. Over the past decade, Kong Sun Holdings' Days Payable has ranged from 93.68 to 2,746.41. According to the industry distribution chart, Kong Sun Holdings ranks #135 out of 391 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.5%.
Is Kong Sun Holdings' Days Payable too high?
Kong Sun Holdings' current Days Payable of 112.28 is 63% below median its 10-year median of 306.75. Over the past 10 years, this metric has ranged from a low of 93.68 to a high of 2,746.41. The Utilities - Independent Power Producers industry median Days Payable is 79.51. Kong Sun Holdings' value of 112.28 is 41.2% above this industry median. Based on the distribution chart, Kong Sun Holdings ranks #135 out of 391 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint.
How does Kong Sun Holdings' Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Kong Sun Holdings ranks #135 out of 391 companies for Days Payable. This puts Kong Sun Holdings in the upper half of its industry. The industry median Days Payable is 79.51. Kong Sun Holdings' value of 112.28 is 41.2% above this benchmark. Historically, Kong Sun Holdings' own Days Payable has ranged from 93.68 to 2,746.41 over the past decade. While the company's 10-year median is 306.75 vs. the industry median of 79.51, Kong Sun 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.51, based on 391 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. Kong Sun Holdings's current Days Payable of 112.28 is 41.2% 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 Kong Sun Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kong Sun Holdings's current Days Payable is 112.28, which is 63% below median its own 10-year median of 306.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kong Sun Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kong Sun Holdings (HKSE:00295) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.02 — trading 90% above its estimated fair value. The current Days Payable is 112.28, which is 63% below median its 10-year median of 306.75 and 41.2% above the Utilities - Independent Power Producers industry median of 79.51. 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 Kong Sun Holdings (HKSE:00295), the current Days Payable is 112.28 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.

Kong Sun Holdings Business Description

Other Exchanges KOJ5:Germany
Address 108 Gloucester Road, Unit 803-4, 8th Floor, Everbright Centre, Wanchai, Hong Kong, HKG
Kong Sun Holdings Ltd is engaged in the operation of solar power plants and the provision of financial services. Its segments include the Solar power segment, which engages in investment in and operation of solar power plants; and the Financial services segment engages in the provision of online micro-lending and related credit facilitation services. It derives revenue from the operations of solar power plants in Mainland China.