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Shenzhen InvestmentHKSE:00604 +2.24%56 Days Payable is 46.92 as of Dec. 2025, which is 42% below its 10-year median of 81.15. GuruFocus rates HKSE:00604 with a GF Score™ of 56/100 and a GF Value™ of HK$2.23 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,573 Real Estate companies, Shenzhen Investment ranks worse than 59.38% on this metric.
The historical rank and industry rank for Shenzhen Investment's Days Payable or its related term are showing as below:
HKSE:00604'
s Days Payable Range Over the Past 10 Years
Min: 29.71 Med: 81.15 Max: 210.78
Current: 67.58
During the past 13 years, Shenzhen Investment's highest Days Payable was 210.78. The lowest was 29.71. And the median was 81.15.
HKSE:00604's Days Payable is ranked worse than 59.38% of 1573
companies
in the Real Estate industry
Industry Median: 92.43
vs HKSE:00604: 67.58
Shenzhen Investment's Days Payable
declined
from Dec. 2024 (113.51) to Dec. 2025 (46.92).
It may suggest that Shenzhen Investmentaccelerated paying its suppliers.
The historical data trend for Shenzhen Investment'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.
Shenzhen Investment Days Payable Competitor Comparison
For the Real Estate - Development subindustry, Shenzhen Investment'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.
Shenzhen Investment Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shenzhen Investment's Days Payable distribution charts can be found below:
* The bar in red indicates where Shenzhen Investment'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.
Shenzhen Investment'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.
Shenzhen Investment (HKSE:00604) has a Days Payable of 46.92 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 Shenzhen Investment and its competitors. This is 42% below median its historical median of 81.15. Over the past decade, Shenzhen Investment's Days Payable has ranged from 29.71 to 210.78. According to the industry distribution chart, Shenzhen Investment ranks #934 out of 1573 companies in the Real Estate industry, placing it in the top 59.4%.
Is Shenzhen Investment's Days Payable too high?
Shenzhen Investment's current Days Payable of 46.92 is 42% below median its 10-year median of 81.15. Over the past 10 years, this metric has ranged from a low of 29.71 to a high of 210.78. The Real Estate industry median Days Payable is 92.43. Shenzhen Investment's value of 46.92 is 49.2% below this industry median. Based on the distribution chart, Shenzhen Investment ranks #934 out of 1573 companies in the Real Estate industry, which is below the industry midpoint. Overall, Shenzhen Investment has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Investment's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Shenzhen Investment ranks #934 out of 1573 companies for Days Payable. This places Shenzhen Investment in the lower half of its industry. The industry median Days Payable is 92.43. Shenzhen Investment's value of 46.92 is 49.2% below this benchmark. Historically, Shenzhen Investment's own Days Payable has ranged from 29.71 to 210.78 over the past decade. While the company's 10-year median is 81.15 vs. the industry median of 92.43, Shenzhen Investment 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.43, based on 1,573 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. Shenzhen Investment's current Days Payable of 46.92 is 49.2% 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 Shenzhen Investment and its competitors. For the Real Estate industry, the median Days Payable is 92.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Investment's current Days Payable is 46.92, which is 42% below median its own 10-year median of 81.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Investment stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Investment (HKSE:00604) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.23, compared to a current price of HK$0.69 — trading 69.3% below its estimated fair value. The current Days Payable is 46.92, which is 42% below median its 10-year median of 81.15 and 49.2% below the Real Estate industry median of 92.43. Shenzhen Investment's overall GF Score™ is 56/100 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 Shenzhen Investment (HKSE:00604), the current Days Payable is 46.92 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 Shenzhen Investment (HKSE:00604) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Investment stock appears to be undervalued.
The current stock price of HK$0.69 is trading 69.3% below its estimated GF Value™ of HK$2.23.
GuruFocus considers Shenzhen Investment to be Possible Value Trap.
Key valuation signals for HKSE:00604:
Days Payable: 46.92 (42% below median its 10-year median of 81.15)
GF Value™: HK$2.23 vs. price of HK$0.69 (69.3% below fair value)
Industry Position: 49.2% below the Real Estate median (#934 of 1573)
No single metric tells the full story. See the HKSE:00604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Investment Ltd is a general real estate company. The company reports five core segments: property development, property investment, property management, manufacture, and others. The company generates the vast majority of its revenue from its property development operations, followed by property management. The property development segment develops residential, industrial, and commercial properties. The company generates all of its revenue in Mainland China.
56GF Score
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