China Tontine Wines Group (HKSE:00389) Days Payable: 43.61 (As of Dec. 2025) — 174% Above Median

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HKSE:00389 China Tontine Wines Group Ltd HKSE:00389
32 GF Score
Price HK$0.39
GF Value HK$0.63
Valuation Possible Value Trap
! 7 Warning Signs
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What is China Tontine Wines Group Days Payable?

China Tontine Wines Group HKSE:00389 +1.30% 32 Days Payable is 43.61 as of Dec. 2025, which is 174% above its 10-year median of 15.91. GuruFocus rates HKSE:00389 with a GF Score™ of 32/100 and a GF Value™ of HK$0.63 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 200 Beverages - Alcoholic companies, China Tontine Wines Group ranks worse than 71% on this metric.

China Tontine Wines Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$20.9 Mil. China Tontine Wines Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$87.3 Mil. Hence, China Tontine Wines Group's Days Payable for the six months ended in Dec. 2025 was 43.61.

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

HKSE:00389' s Days Payable Range Over the Past 10 Years
Min: 12.54   Med: 15.91   Max: 50.69
Current: 48.91

During the past 13 years, China Tontine Wines Group's highest Days Payable was 50.69. The lowest was 12.54. And the median was 15.91.

HKSE:00389's Days Payable is ranked worse than
71% of 200 companies
in the Beverages - Alcoholic industry
Industry Median: 82.845 vs HKSE:00389: 48.91

China Tontine Wines Group's Days Payable declined from Dec. 2024 (49.26) to Dec. 2025 (43.61). It may suggest that China Tontine Wines Group accelerated paying its suppliers.


China Tontine Wines Group Days Payable Historical Data

* Premium members only.

The historical data trend for China Tontine Wines Group'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.

China Tontine Wines Group Days Payable Chart

China Tontine Wines Group 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 29.98 36.32 12.67 44.29 50.69

China Tontine Wines Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 39.35 49.26 54.51 43.61 59.57

HKSE:00389 vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, China Tontine Wines Group'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 Tontine Wines Group Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Tontine Wines Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Tontine Wines Group's Days Payable falls into.


HKSE:00389
32GF Score
China Tontine Wines Group Ltd HKSE:00389
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Tontine Wines Group 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.

China Tontine Wines Group'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
=( (16.332 + 23.96) / 2 ) / 145.058*365
=20.146 / 145.058*365
=50.69

China Tontine Wines Group'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
=( (17.782 + 23.96) / 2 ) / 87.346*365 / 2
=20.871 / 87.346*365 / 2
=43.61

* 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 43.61 mean?
China Tontine Wines Group (HKSE:00389) has a Days Payable of 43.61 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 Tontine Wines Group and its competitors. This is 174% above median its historical median of 15.91. Over the past decade, China Tontine Wines Group's Days Payable has ranged from 12.54 to 50.69. According to the industry distribution chart, China Tontine Wines Group ranks #142 out of 200 companies in the Beverages - Alcoholic industry, placing it in the top 71%.
Is China Tontine Wines Group's Days Payable too high?
China Tontine Wines Group's current Days Payable of 43.61 is 174% above median its 10-year median of 15.91. Over the past 10 years, this metric has ranged from a low of 12.54 to a high of 50.69. The Beverages - Alcoholic industry median Days Payable is 82.85. China Tontine Wines Group's value of 43.61 is 47.4% below this industry median. Based on the distribution chart, China Tontine Wines Group ranks #142 out of 200 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, China Tontine Wines Group has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Tontine Wines Group's Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, China Tontine Wines Group ranks #142 out of 200 companies for Days Payable. This places China Tontine Wines Group in the lower half of its industry. The industry median Days Payable is 82.85. China Tontine Wines Group's value of 43.61 is 47.4% below this benchmark. Historically, China Tontine Wines Group's own Days Payable has ranged from 12.54 to 50.69 over the past decade. While the company's 10-year median is 15.91 vs. the industry median of 82.85, China Tontine Wines Group has consistently been below 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.85, based on 200 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 Tontine Wines Group's current Days Payable of 43.61 is 47.4% below 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 Tontine Wines Group and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tontine Wines Group's current Days Payable is 43.61, which is 174% above median its own 10-year median of 15.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tontine Wines Group stock overvalued right now?
Based on GuruFocus' analysis, China Tontine Wines Group (HKSE:00389) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.63, compared to a current price of HK$0.39 — trading 38.1% below its estimated fair value. The current Days Payable is 43.61, which is 174% above median its 10-year median of 15.91 and 47.4% below the Beverages - Alcoholic industry median of 82.85. China Tontine Wines Group's overall GF Score™ is 32/100 with 7 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 Tontine Wines Group (HKSE:00389), the current Days Payable is 43.61 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 Tontine Wines Group (HKSE:00389) Overvalued in 2026?

Based on GuruFocus' analysis, China Tontine Wines Group stock appears to be undervalued. The current stock price of HK$0.39 is trading 38.1% below its estimated GF Value™ of HK$0.63. GuruFocus considers China Tontine Wines Group to be Possible Value Trap.

Key valuation signals for HKSE:00389:

  • Days Payable: 43.61 (174% above median its 10-year median of 15.91)
  • GF Value™: HK$0.63 vs. price of HK$0.39 (38.1% below fair value)
  • GF Score™: 32/100 with 7 warning signs
  • Industry Position: 47.4% below the Beverages - Alcoholic median (#142 of 200)

No single metric tells the full story. See the HKSE:00389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Tontine Wines Group Business Description

Address No. 1001 Xueyuan Avenue, Taoyuan Street, Room 1901, Building D3 Nanshan Zhiyuan, Changyuan Community, Nanshan District, Shenzhen, CHN
China Tontine Wines Group Ltd. is an investment holding company. The company and its subsidiaries are engaged in the production and sales of wine products. Its product offerings include Sweet wines, Dry wines, Brandy, and Others. Geographically, it mainly operates in the PRC.
32GF Score

Get the complete analysis for HKSE:00389

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

HK$0.39
Price
HK$0.63
GF Value