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.
What is China Renewable Energy Investment Days Payable?
China Renewable Energy InvestmentHKSE:00987 -1.46%44 Days Payable is 1.37 as of Dec. 2025, which is 10% below its 10-year median of 1.53. GuruFocus rates HKSE:00987 with a GF Score™ of 44/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, China Renewable Energy Investment ranks worse than 100% on this metric.
* 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 Renewable Energy Investment Days Payable Chart
China Renewable Energy Investment Days Payable Competitor Comparison
For the Utilities - Renewable subindustry, China Renewable Energy 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.
China Renewable Energy Investment Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Renewable Energy Investment's Days Payable distribution charts can be found below:
* The bar in red indicates where China Renewable Energy Investment's Days Payable falls into.
China Renewable Energy Investment 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.
* 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 Renewable Energy Investment (HKSE:00987) has a Days Payable of 1.37 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 China Renewable Energy Investment and its competitors. This is 10% below median its historical median of 1.53. Over the past decade, China Renewable Energy Investment's Days Payable has ranged from 0.80 to 2.60. According to the industry distribution chart, China Renewable Energy Investment ranks #395 out of 395 companies in the Utilities - Independent Power Producers industry.
Is China Renewable Energy Investment's Days Payable too high?
China Renewable Energy Investment's current Days Payable of 1.37 is 10% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.60. The Utilities - Independent Power Producers industry median Days Payable is 80.03. China Renewable Energy Investment's value of 1.37 is 98.3% below this industry median. Based on the distribution chart, China Renewable Energy Investment ranks #395 out of 395 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, China Renewable Energy Investment has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Renewable Energy Investment's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Renewable Energy Investment ranks #395 out of 395 companies for Days Payable. This places China Renewable Energy Investment in the lower half of its industry. The industry median Days Payable is 80.03. China Renewable Energy Investment's value of 1.37 is 98.3% below this benchmark. Historically, China Renewable Energy Investment's own Days Payable has ranged from 0.80 to 2.60 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 80.03, China Renewable Energy 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 80.03, based on 395 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 Renewable Energy Investment's current Days Payable of 1.37 is 98.3% 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 Renewable Energy Investment and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 80.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Renewable Energy Investment's current Days Payable is 1.37, which is 10% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Renewable Energy Investment stock overvalued right now?
Based on GuruFocus' analysis, China Renewable Energy Investment (HKSE:00987) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.20 — trading 68.3% above its estimated fair value. The current Days Payable is 1.37, which is 10% below median its 10-year median of 1.53 and 98.3% below the Utilities - Independent Power Producers industry median of 80.03. China Renewable Energy Investment's overall GF Score™ is 44/100 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 Renewable Energy Investment (HKSE:00987), the current Days Payable is 1.37 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 China Renewable Energy Investment (HKSE:00987) Overvalued in 2026?
Based on GuruFocus' analysis, China Renewable Energy Investment stock appears to be overvalued.
The current stock price of HK$0.20 is trading 68.3% above its estimated GF Value™ of HK$0.12.
GuruFocus considers China Renewable Energy Investment to be Significantly Overvalued.
Key valuation signals for HKSE:00987:
Days Payable: 1.37 (10% below median its 10-year median of 1.53)
GF Value™: HK$0.12 vs. price of HK$0.20 (68.3% above fair value)
Industry Position: 98.3% below the Utilities - Independent Power Producers median (#395 of 395)
No single metric tells the full story. See the HKSE:00987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Renewable Energy Investment Business Description
China Renewable Energy Investment Ltd are principally engaged in renewable energy business. The Group has operations mainly in the People's Republic of China. It is an investment holding company. The Group has a single reportable segment which is renewable energy segment. The company's sales of electricity were all generated by the wind power plants and a distributed solar project of the group. Some of its projects are Danjinghe Wind Farm, Changma Wind Farm, Lunaobao Wind Farm, Songxian Wind Farm, Nanxun Distributed Solar Project.
44GF Score
Get the complete analysis for HKSE:00987
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:00987 has been successfully added to your 
