Asset Chain (HKSE:00616) Days Payable: 282.70 (As of Mar. 2026) — 83% Below Median

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HKSE:00616 Asset Chain Ltd HKSE:00616
29 GF Score
Price HK$0.10
GF Value HK$0.05
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Asset Chain Days Payable?

Asset Chain HKSE:00616 +2.97% 29 Days Payable is 282.70 as of Mar. 2026, which is 83% below its 10-year median of 1,673.40. GuruFocus rates HKSE:00616 with a GF Score™ of 29/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,577 Real Estate companies, Asset Chain ranks better than 82.94% on this metric.

Asset Chain's average Accounts Payable for the six months ended in Mar. 2026 was HK$73.74 Mil. Asset Chain's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$47.60 Mil. Hence, Asset Chain's Days Payable for the six months ended in Mar. 2026 was 282.70.

The historical rank and industry rank for Asset Chain's Days Payable or its related term are showing as below:

HKSE:00616' s Days Payable Range Over the Past 10 Years
Min: 330.45   Med: 1673.4   Max: 11234.96
Current: 353.26

During the past 13 years, Asset Chain's highest Days Payable was 11234.96. The lowest was 330.45. And the median was 1673.40.

HKSE:00616's Days Payable is ranked better than
82.94% of 1577 companies
in the Real Estate industry
Industry Median: 92.43 vs HKSE:00616: 353.26

Asset Chain's Days Payable declined from Mar. 2025 (490.79) to Mar. 2026 (282.70). It may suggest that Asset Chain accelerated paying its suppliers.


Asset Chain Days Payable Historical Data

* Premium members only.

The historical data trend for Asset Chain'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.

Asset Chain Days Payable Chart

Asset Chain Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,620.41 4,327.94 5,541.67 1,065.41 330.45

Asset Chain Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4,988.17 3,909.55 490.79 582.78 282.70

HKSE:00616 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Asset Chain'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.


Asset Chain Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Asset Chain's Days Payable distribution charts can be found below:

* The bar in red indicates where Asset Chain's Days Payable falls into.


HKSE:00616
29GF Score
Asset Chain Ltd HKSE:00616
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asset Chain 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.

Asset Chain's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (42.679 + 75.905) / 2 ) / 65.491*365
=59.292 / 65.491*365
=330.45

Asset Chain's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (71.572 + 75.905) / 2 ) / 47.602*365 / 2
=73.7385 / 47.602*365 / 2
=282.70

* 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 282.70 mean?
Asset Chain (HKSE:00616) has a Days Payable of 282.70 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Asset Chain and its competitors. This is 83% below median its historical median of 1,673.40. Over the past decade, Asset Chain's Days Payable has ranged from 330.45 to 11,234.96. According to the industry distribution chart, Asset Chain ranks #269 out of 1577 companies in the Real Estate industry, placing it in the top 17.1%.
Is Asset Chain's Days Payable too high?
Asset Chain's current Days Payable of 282.70 is 83% below median its 10-year median of 1,673.40. Over the past 10 years, this metric has ranged from a low of 330.45 to a high of 11,234.96. The Real Estate industry median Days Payable is 92.43. Asset Chain's value of 282.70 is 205.9% above this industry median. Based on the distribution chart, Asset Chain ranks #269 out of 1577 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Asset Chain has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asset Chain's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Asset Chain ranks #269 out of 1577 companies for Days Payable. This places Asset Chain in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.43. Asset Chain's value of 282.70 is 205.9% above this benchmark. Historically, Asset Chain's own Days Payable has ranged from 330.45 to 11,234.96 over the past decade. While the company's 10-year median is 1,673.40 vs. the industry median of 92.43, Asset Chain 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.43, based on 1,577 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. Asset Chain's current Days Payable of 282.70 is 205.9% 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 Asset Chain 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. Asset Chain's current Days Payable is 282.70, which is 83% below median its own 10-year median of 1,673.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Chain stock overvalued right now?
Based on GuruFocus' analysis, Asset Chain (HKSE:00616) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.10 — trading 108% above its estimated fair value. The current Days Payable is 282.70, which is 83% below median its 10-year median of 1,673.40 and 205.9% above the Real Estate industry median of 92.43. Asset Chain's overall GF Score™ is 29/100 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 Asset Chain (HKSE:00616), the current Days Payable is 282.70 as of Mar. 2026. 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 Asset Chain (HKSE:00616) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Chain stock appears to be overvalued. The current stock price of HK$0.10 is trading 108% above its estimated GF Value™ of HK$0.05. GuruFocus considers Asset Chain to be Significantly Overvalued.

Key valuation signals for HKSE:00616:

  • Days Payable: 282.70 (83% below median its 10-year median of 1,673.40)
  • GF Value™: HK$0.05 vs. price of HK$0.10 (108% above fair value)
  • GF Score™: 29/100 with 7 warning signs
  • Industry Position: 205.9% above the Real Estate median (#269 of 1577)

No single metric tells the full story. See the HKSE:00616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asset Chain Business Description

Address 481-483 Castle Peak Road, Block A, 7th Floor Hong Kong Spinners Building, Phase 6, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Asset Chain Ltd, formerly known as Eminence Enterprise Ltd, is principally engaged in property investment, property development, investment in securities and loan financing business segments. The company owns and invests in residential, commercial, and industrial properties. It is also involved sourcing and exporting garments, and holding and leasing residential and industrial investment properties. The firm generates its majority revenue from the Property investment segment. The company's operations are located in Hong Kong and Singapore.
29GF Score

Get the complete analysis for HKSE:00616

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

HK$0.10
Price
HK$0.05
GF Value