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China New City GroupHKSE:01321 +2.56%43 Days Payable is 502.83 as of Dec. 2025, which is 50% above its 10-year median of 334.40. GuruFocus rates HKSE:01321 with a GF Score™ of 43/100 and a GF Value™ of HK$0.45 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,573 Real Estate companies, China New City Group ranks better than 89.96% on this metric.
The historical rank and industry rank for China New City Group's Days Payable or its related term are showing as below:
HKSE:01321'
s Days Payable Range Over the Past 10 Years
Min: 169.76 Med: 334.4 Max: 1634.2
Current: 654.36
During the past 13 years, China New City Group's highest Days Payable was 1634.20. The lowest was 169.76. And the median was 334.40.
HKSE:01321's Days Payable is ranked better than 89.96% of 1573
companies
in the Real Estate industry
Industry Median: 92.43
vs HKSE:01321: 654.36
China New City Group's Days Payable
increased
from Dec. 2024 (473.64) to Dec. 2025 (502.83).
It may suggest that China New City Groupdelayed paying its suppliers.
The historical data trend for China New City 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 New City Group Days Payable Competitor Comparison
For the Real Estate - Development subindustry, China New City 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 New City Group Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China New City Group's Days Payable distribution charts can be found below:
* The bar in red indicates where China New City Group'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.
China New City Group'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.
China New City Group (HKSE:01321) has a Days Payable of 502.83 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 New City Group and its competitors. This is 50% above median its historical median of 334.40. Over the past decade, China New City Group's Days Payable has ranged from 169.76 to 1,634.20. According to the industry distribution chart, China New City Group ranks #158 out of 1573 companies in the Real Estate industry, placing it in the top 10%.
Is China New City Group's Days Payable too high?
China New City Group's current Days Payable of 502.83 is 50% above median its 10-year median of 334.40. Over the past 10 years, this metric has ranged from a low of 169.76 to a high of 1,634.20. The Real Estate industry median Days Payable is 92.43. China New City Group's value of 502.83 is 444% above this industry median. Based on the distribution chart, China New City Group ranks #158 out of 1573 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, China New City Group has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China New City Group's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, China New City Group ranks #158 out of 1573 companies for Days Payable. This places China New City Group in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.43. China New City Group's value of 502.83 is 444% above this benchmark. Historically, China New City Group's own Days Payable has ranged from 169.76 to 1,634.20 over the past decade. While the company's 10-year median is 334.40 vs. the industry median of 92.43, China New City Group 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 1,573 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. China New City Group's current Days Payable of 502.83 is 444% 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 China New City Group 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. China New City Group's current Days Payable is 502.83, which is 50% above median its own 10-year median of 334.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China New City Group stock overvalued right now?
Based on GuruFocus' analysis, China New City Group (HKSE:01321) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.45, compared to a current price of HK$0.80 — trading 77.8% above its estimated fair value. The current Days Payable is 502.83, which is 50% above median its 10-year median of 334.40 and 444% above the Real Estate industry median of 92.43. China New City Group's overall GF Score™ is 43/100 with 9 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 New City Group (HKSE:01321), the current Days Payable is 502.83 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 New City Group (HKSE:01321) Overvalued in 2026?
Based on GuruFocus' analysis, China New City Group stock appears to be overvalued.
The current stock price of HK$0.80 is trading 77.8% above its estimated GF Value™ of HK$0.45.
GuruFocus considers China New City Group to be Significantly Overvalued.
Key valuation signals for HKSE:01321:
Days Payable: 502.83 (50% above median its 10-year median of 334.40)
GF Value™: HK$0.45 vs. price of HK$0.80 (77.8% above fair value)
Industry Position: 444% above the Real Estate median (#158 of 1573)
No single metric tells the full story. See the HKSE:01321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China New City Group Ltd is engaged in commercial property investment for leasing, commercial property development for sale and leasing, and commercial operations in the People's Republic of China (PRC). Its segments consist of the commercial property development segment, which develops and sells commercial properties in the Chinese Mainland and Japan; the property rental segment leases investment properties in the Chinese Mainland; the hotel operations segment owns and operates hotels; and the other services segment comprises the Group's project management business and other business that the Group is involved in. The majority of the revenue is derived from the commercial property development segment. Geographically, it operates in the Chinese Mainland and Others.
43GF Score
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