Zonqing Environmental (HKSE:01855) Days Payable: 355.04 (As of Dec. 2025) — 26% Above Median

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HKSE:01855 Zonqing Environmental Ltd HKSE:01855
68 GF Score
Price HK$0.20
GF Value HK$6.71
Valuation Possible Value Trap
! 5 Warning Signs
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What is Zonqing Environmental Days Payable?

Zonqing Environmental HKSE:01855 +0.51% 68 Days Payable is 355.04 as of Dec. 2025, which is 26% above its 10-year median of 281.52. GuruFocus rates HKSE:01855 with a GF Score™ of 68/100 and a GF Value™ of HK$6.71 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,721 Construction companies, Zonqing Environmental ranks better than 92.27% on this metric.

Zonqing Environmental's average Accounts Payable for the six months ended in Dec. 2025 was HK$1,467 Mil. Zonqing Environmental's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$754 Mil. Hence, Zonqing Environmental's Days Payable for the six months ended in Dec. 2025 was 355.04.

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

HKSE:01855' s Days Payable Range Over the Past 10 Years
Min: 240.26   Med: 281.52   Max: 449.37
Current: 395.22

During the past 9 years, Zonqing Environmental's highest Days Payable was 449.37. The lowest was 240.26. And the median was 281.52.

HKSE:01855's Days Payable is ranked better than
92.27% of 1721 companies
in the Construction industry
Industry Median: 76.67 vs HKSE:01855: 395.22

Zonqing Environmental's Days Payable increased from Dec. 2024 (324.09) to Dec. 2025 (355.04). It may suggest that Zonqing Environmental delayed paying its suppliers.


Zonqing Environmental Days Payable Historical Data

* Premium members only.

The historical data trend for Zonqing Environmental'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.

Zonqing Environmental Days Payable Chart

Zonqing Environmental Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 409.11 449.37 254.17 383.28 410.40

Zonqing Environmental Semi-Annual Data
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 201.63 420.39 324.09 422.25 355.04

HKSE:01855 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Zonqing Environmental'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.


Zonqing Environmental Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Zonqing Environmental's Days Payable distribution charts can be found below:

* The bar in red indicates where Zonqing Environmental's Days Payable falls into.


HKSE:01855
68GF Score
Zonqing Environmental Ltd HKSE:01855
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zonqing Environmental 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.

Zonqing Environmental'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
=( (1684.941 + 1528.079) / 2 ) / 1428.805*365
=1606.51 / 1428.805*365
=410.40

Zonqing Environmental'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
=( (1405.194 + 1528.079) / 2 ) / 753.888*365 / 2
=1466.6365 / 753.888*365 / 2
=355.04

* 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 355.04 mean?
Zonqing Environmental (HKSE:01855) has a Days Payable of 355.04 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 Zonqing Environmental and its competitors. This is 26% above median its historical median of 281.52. Over the past decade, Zonqing Environmental's Days Payable has ranged from 240.26 to 449.37. According to the industry distribution chart, Zonqing Environmental ranks #133 out of 1721 companies in the Construction industry, placing it in the top 7.7%.
Is Zonqing Environmental's Days Payable too high?
Zonqing Environmental's current Days Payable of 355.04 is 26% above median its 10-year median of 281.52. Over the past 10 years, this metric has ranged from a low of 240.26 to a high of 449.37. The Construction industry median Days Payable is 76.67. Zonqing Environmental's value of 355.04 is 363.1% above this industry median. Based on the distribution chart, Zonqing Environmental ranks #133 out of 1721 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Zonqing Environmental has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zonqing Environmental's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Zonqing Environmental ranks #133 out of 1721 companies for Days Payable. This places Zonqing Environmental in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.67. Zonqing Environmental's value of 355.04 is 363.1% above this benchmark. Historically, Zonqing Environmental's own Days Payable has ranged from 240.26 to 449.37 over the past decade. While the company's 10-year median is 281.52 vs. the industry median of 76.67, Zonqing Environmental 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 Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,721 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. Zonqing Environmental's current Days Payable of 355.04 is 363.1% 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 Zonqing Environmental and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zonqing Environmental's current Days Payable is 355.04, which is 26% above median its own 10-year median of 281.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zonqing Environmental stock overvalued right now?
Based on GuruFocus' analysis, Zonqing Environmental (HKSE:01855) is currently considered Possible Value Trap. The stock's GF Value™ is HK$6.71, compared to a current price of HK$0.20 — trading 97.1% below its estimated fair value. The current Days Payable is 355.04, which is 26% above median its 10-year median of 281.52 and 363.1% above the Construction industry median of 76.67. Zonqing Environmental's overall GF Score™ is 68/100 with 5 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 Zonqing Environmental (HKSE:01855), the current Days Payable is 355.04 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 Zonqing Environmental (HKSE:01855) Overvalued in 2026?

Based on GuruFocus' analysis, Zonqing Environmental stock appears to be undervalued. The current stock price of HK$0.20 is trading 97.1% below its estimated GF Value™ of HK$6.71. GuruFocus considers Zonqing Environmental to be Possible Value Trap.

Key valuation signals for HKSE:01855:

  • Days Payable: 355.04 (26% above median its 10-year median of 281.52)
  • GF Value™: HK$6.71 vs. price of HK$0.20 (97.1% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 363.1% above the Construction median (#133 of 1721)

No single metric tells the full story. See the HKSE:01855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zonqing Environmental Business Description

Address 491-501 Castle Peak Road, Room 18, 9/F, Block B, HI-TECH Industrial Centre, Tsuen Wan, Hong Kong, CHN
Zonqing Environmental Ltd is principally engaged in city renewal services, city operation and maintenance services, town planning design services and cultural tourism.. Its business segments include City renewal construction services: City operation and maintenance services: Town planning design services: and Cultural tourism. A majority of revenue is derived from the City renewal construction services segment includes construction engineering services in various fields such as landscaping and municipal project. The group's revenue is generated in the PRC.
68GF Score

Get the complete analysis for HKSE:01855

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

HK$0.20
Price
HK$6.71
GF Value