Zhong Ao Home Group (HKSE:01538) Days Payable: 20.04 (As of Dec. 2025) — 27% Below Median

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HKSE:01538 Zhong Ao Home Group Ltd HKSE:01538
50 GF Score
Price HK$0.61
GF Value HK$0.39
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Zhong Ao Home Group Days Payable?

Zhong Ao Home Group HKSE:01538 -3.20% 50 Days Payable is 20.04 as of Dec. 2025, which is 27% below its 10-year median of 27.53. GuruFocus rates HKSE:01538 with a GF Score™ of 50/100 and a GF Value™ of HK$0.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,570 Real Estate companies, Zhong Ao Home Group ranks worse than 85.35% on this metric.

Zhong Ao Home Group's average Accounts Payable for the six months ended in Dec. 2025 was HK$92 Mil. Zhong Ao Home Group's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$834 Mil. Hence, Zhong Ao Home Group's Days Payable for the six months ended in Dec. 2025 was 20.04.

The historical rank and industry rank for Zhong Ao Home Group's Days Payable or its related term are showing as below:

HKSE:01538' s Days Payable Range Over the Past 10 Years
Min: 21.08   Med: 27.53   Max: 77.21
Current: 21.71

During the past 12 years, Zhong Ao Home Group's highest Days Payable was 77.21. The lowest was 21.08. And the median was 27.53.

HKSE:01538's Days Payable is ranked worse than
85.35% of 1570 companies
in the Real Estate industry
Industry Median: 93.815 vs HKSE:01538: 21.71

Zhong Ao Home Group's Days Payable declined from Dec. 2024 (25.16) to Dec. 2025 (20.04). It may suggest that Zhong Ao Home Group accelerated paying its suppliers.


Zhong Ao Home Group Days Payable Historical Data

* Premium members only.

The historical data trend for Zhong Ao Home 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.

Zhong Ao Home Group Days Payable Chart

Zhong Ao Home 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 21.08 28.02 28.61 27.09 22.24

Zhong Ao Home Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 22.49 27.33 25.16 22.86 20.04

HKSE:01538 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Zhong Ao Home 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.


Zhong Ao Home Group Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhong Ao Home Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhong Ao Home Group's Days Payable falls into.


HKSE:01538
50GF Score
Zhong Ao Home Group Ltd HKSE:01538
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhong Ao Home 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.

Zhong Ao Home 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
=( (103.278 + 93.234) / 2 ) / 1612.248*365
=98.256 / 1612.248*365
=22.24

Zhong Ao Home 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
=( (89.772 + 93.234) / 2 ) / 833.5*365 / 2
=91.503 / 833.5*365 / 2
=20.04

* 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 20.04 mean?
Zhong Ao Home Group (HKSE:01538) has a Days Payable of 20.04 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 Zhong Ao Home Group and its competitors. This is 27% below median its historical median of 27.53. Over the past decade, Zhong Ao Home Group's Days Payable has ranged from 21.08 to 77.21. According to the industry distribution chart, Zhong Ao Home Group ranks #1340 out of 1570 companies in the Real Estate industry, placing it in the top 85.4%.
Is Zhong Ao Home Group's Days Payable too high?
Zhong Ao Home Group's current Days Payable of 20.04 is 27% below median its 10-year median of 27.53. Over the past 10 years, this metric has ranged from a low of 21.08 to a high of 77.21. The Real Estate industry median Days Payable is 93.82. Zhong Ao Home Group's value of 20.04 is 78.6% below this industry median. Based on the distribution chart, Zhong Ao Home Group ranks #1340 out of 1570 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Zhong Ao Home Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhong Ao Home Group's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Zhong Ao Home Group ranks #1340 out of 1570 companies for Days Payable. This places Zhong Ao Home Group in the lower half of its industry. The industry median Days Payable is 93.82. Zhong Ao Home Group's value of 20.04 is 78.6% below this benchmark. Historically, Zhong Ao Home Group's own Days Payable has ranged from 21.08 to 77.21 over the past decade. While the company's 10-year median is 27.53 vs. the industry median of 93.82, Zhong Ao Home 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.82, based on 1,570 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. Zhong Ao Home Group's current Days Payable of 20.04 is 78.6% 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 Zhong Ao Home Group and its competitors. For the Real Estate industry, the median Days Payable is 93.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhong Ao Home Group's current Days Payable is 20.04, which is 27% below median its own 10-year median of 27.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhong Ao Home Group stock overvalued right now?
Based on GuruFocus' analysis, Zhong Ao Home Group (HKSE:01538) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.39, compared to a current price of HK$0.61 — trading 55.1% above its estimated fair value. The current Days Payable is 20.04, which is 27% below median its 10-year median of 27.53 and 78.6% below the Real Estate industry median of 93.82. Zhong Ao Home Group's overall GF Score™ is 50/100 with 4 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 Zhong Ao Home Group (HKSE:01538), the current Days Payable is 20.04 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 Zhong Ao Home Group (HKSE:01538) Overvalued in 2026?

Based on GuruFocus' analysis, Zhong Ao Home Group stock appears to be overvalued. The current stock price of HK$0.61 is trading 55.1% above its estimated GF Value™ of HK$0.39. GuruFocus considers Zhong Ao Home Group to be Significantly Overvalued.

Key valuation signals for HKSE:01538:

  • Days Payable: 20.04 (27% below median its 10-year median of 27.53)
  • GF Value™: HK$0.39 vs. price of HK$0.61 (55.1% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 78.6% below the Real Estate median (#1340 of 1570)

No single metric tells the full story. See the HKSE:01538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhong Ao Home Group Business Description

Address 2 Baichen Lu, Chihua She Qu, 1601 Block 1, Pacific Dingwang Commercial Centre, Chencun Town, Shunde District, Guangdong Province, Foshan, CHN
Zhong Ao Home Group Ltd operates as a property manager. It is engaged in the provision of property management services, the provision of cleaning and greening services, and other services. It also provides other business, including sales of elevators and installation services, provision of security services, real estate consulting and agency services, sales assistance services, engineering services, catering services and the sale of engineering spare parts. Its segments include Property management business, Cleaning and greening business, and Other businesses. The Property management business derives the majority of its revenue from Mainland China.
50GF Score

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

HK$0.61
Price
HK$0.39
GF Value