Jilin Province Chuncheng Heating Co (HKSE:01853) Days Payable: 42.26 (As of Dec. 2025) — 49% Below Median

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HKSE:01853 Jilin Province Chuncheng Heating Co Ltd HKSE:01853
70 GF Score
Price HK$1.25
GF Value HK$1.69
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Jilin Province Chuncheng Heating Co Days Payable?

Jilin Province Chuncheng Heating Co HKSE:01853 70 Days Payable is 42.26 as of Dec. 2025, which is 49% below its 10-year median of 83.06. GuruFocus rates HKSE:01853 with a GF Score™ of 70/100 and a GF Value™ of HK$1.69 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, Jilin Province Chuncheng Heating Co ranks worse than 64.11% on this metric.

Jilin Province Chuncheng Heating Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$188 Mil. Jilin Province Chuncheng Heating Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$811 Mil. Hence, Jilin Province Chuncheng Heating Co's Days Payable for the six months ended in Dec. 2025 was 42.26.

The historical rank and industry rank for Jilin Province Chuncheng Heating Co's Days Payable or its related term are showing as below:

HKSE:01853' s Days Payable Range Over the Past 10 Years
Min: 51.14   Med: 83.06   Max: 120.85
Current: 51.14

During the past 10 years, Jilin Province Chuncheng Heating Co's highest Days Payable was 120.85. The lowest was 51.14. And the median was 83.06.

HKSE:01853's Days Payable is ranked worse than
64.11% of 404 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.64 vs HKSE:01853: 51.14

Jilin Province Chuncheng Heating Co's Days Payable declined from Dec. 2024 (42.77) to Dec. 2025 (42.26). It may suggest that Jilin Province Chuncheng Heating Co accelerated paying its suppliers.


Jilin Province Chuncheng Heating Co Days Payable Related Terms


Jilin Province Chuncheng Heating Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jilin Province Chuncheng Heating Co'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.

Jilin Province Chuncheng Heating Co Days Payable Chart

Jilin Province Chuncheng Heating Co 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 80.63 58.21 51.29 57.84 65.03

Jilin Province Chuncheng Heating Co Semi-Annual Data
Dec16 Dec17 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 39.49 41.93 42.77 45.78 42.26

HKSE:01853 vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, Jilin Province Chuncheng Heating Co'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.


Jilin Province Chuncheng Heating Co Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jilin Province Chuncheng Heating Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jilin Province Chuncheng Heating Co's Days Payable falls into.


HKSE:01853
70GF Score
Jilin Province Chuncheng Heating Co Ltd HKSE:01853
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jilin Province Chuncheng Heating Co 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.

Jilin Province Chuncheng Heating Co'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
=( (307.845 + 274.659) / 2 ) / 1634.728*365
=291.252 / 1634.728*365
=65.03

Jilin Province Chuncheng Heating Co'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
=( (101.003 + 274.659) / 2 ) / 811.188*365 / 2
=187.831 / 811.188*365 / 2
=42.26

* 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 42.26 mean?
Jilin Province Chuncheng Heating Co (HKSE:01853) has a Days Payable of 42.26 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 Jilin Province Chuncheng Heating Co and its competitors. This is 49% below median its historical median of 83.06. Over the past decade, Jilin Province Chuncheng Heating Co's Days Payable has ranged from 51.14 to 120.85. According to the industry distribution chart, Jilin Province Chuncheng Heating Co ranks #259 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 64.1%.
Is Jilin Province Chuncheng Heating Co's Days Payable too high?
Jilin Province Chuncheng Heating Co's current Days Payable of 42.26 is 49% below median its 10-year median of 83.06. Over the past 10 years, this metric has ranged from a low of 51.14 to a high of 120.85. The Utilities - Independent Power Producers industry median Days Payable is 79.64. Jilin Province Chuncheng Heating Co's value of 42.26 is 46.9% below this industry median. Based on the distribution chart, Jilin Province Chuncheng Heating Co ranks #259 out of 404 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Jilin Province Chuncheng Heating Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jilin Province Chuncheng Heating Co's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Jilin Province Chuncheng Heating Co ranks #259 out of 404 companies for Days Payable. This places Jilin Province Chuncheng Heating Co in the lower half of its industry. The industry median Days Payable is 79.64. Jilin Province Chuncheng Heating Co's value of 42.26 is 46.9% below this benchmark. Historically, Jilin Province Chuncheng Heating Co's own Days Payable has ranged from 51.14 to 120.85 over the past decade. While the company's 10-year median is 83.06 vs. the industry median of 79.64, Jilin Province Chuncheng Heating Co 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 79.64, based on 404 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. Jilin Province Chuncheng Heating Co's current Days Payable of 42.26 is 46.9% 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 Jilin Province Chuncheng Heating Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jilin Province Chuncheng Heating Co's current Days Payable is 42.26, which is 49% below median its own 10-year median of 83.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jilin Province Chuncheng Heating Co stock overvalued right now?
Based on GuruFocus' analysis, Jilin Province Chuncheng Heating Co (HKSE:01853) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.69, compared to a current price of HK$1.25 — trading 26% below its estimated fair value. The current Days Payable is 42.26, which is 49% below median its 10-year median of 83.06 and 46.9% below the Utilities - Independent Power Producers industry median of 79.64. Jilin Province Chuncheng Heating Co's overall GF Score™ is 70/100 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 Jilin Province Chuncheng Heating Co (HKSE:01853), the current Days Payable is 42.26 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 Jilin Province Chuncheng Heating Co (HKSE:01853) Overvalued in 2026?

Based on GuruFocus' analysis, Jilin Province Chuncheng Heating Co stock appears to be undervalued. The current stock price of HK$1.25 is trading 26% below its estimated GF Value™ of HK$1.69. GuruFocus considers Jilin Province Chuncheng Heating Co to be Modestly Undervalued.

Key valuation signals for HKSE:01853:

  • Days Payable: 42.26 (49% below median its 10-year median of 83.06)
  • GF Value™: HK$1.69 vs. price of HK$1.25 (26% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 46.9% below the Utilities - Independent Power Producers median (#259 of 404)

No single metric tells the full story. See the HKSE:01853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jilin Province Chuncheng Heating Co Business Description

Address No. 998 Nanhu Road, No. 28, Block B, Nanhu Road Community, Nanguan District, Jilin Province, Changchun, CHN
Jilin Province Chuncheng Heating Co Ltd is a heat service provider in Jilin Province. The heat supply activities include the provision and distribution of heat, pipeline connection, and heat transmission services. Further, it is also engaged in the offer of construction, maintenance, and design services which include engineering construction, engineering maintenance, design services, and electrical and instrument maintenance and repair services. It operates in two segments: Heat supply segment and Construction, maintenance and design services segment. It derives the majority of its revenue from the Heat supply segment.
70GF Score

Get the complete analysis for HKSE:01853

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

HK$1.25
Price
HK$1.69
GF Value