China Renaissance Holdings (HKSE:01911) Days Payable: 214.54 (As of Dec. 2025) — 29% Below Median

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HKSE:01911 China Renaissance Holdings Ltd HKSE:01911
67 GF Score
Price HK$3.14
GF Value HK$5.05
Valuation Possible Value Trap
! 4 Warning Signs
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What is China Renaissance Holdings Days Payable?

China Renaissance Holdings HKSE:01911 +1.29% 67 Days Payable is 214.54 as of Dec. 2025, which is 29% below its 10-year median of 304.25. GuruFocus rates HKSE:01911 with a GF Score™ of 67/100 and a GF Value™ of HK$5.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 489 Asset Management companies, China Renaissance Holdings ranks better than 78.12% on this metric.

China Renaissance Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$299 Mil. China Renaissance Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$254 Mil. Hence, China Renaissance Holdings's Days Payable for the six months ended in Dec. 2025 was 214.54.

The historical rank and industry rank for China Renaissance Holdings's Days Payable or its related term are showing as below:

HKSE:01911' s Days Payable Range Over the Past 10 Years
Min: 33.93   Med: 304.25   Max: 621.42
Current: 287.75

During the past 11 years, China Renaissance Holdings's highest Days Payable was 621.42. The lowest was 33.93. And the median was 304.25.

HKSE:01911's Days Payable is ranked better than
78.12% of 489 companies
in the Asset Management industry
Industry Median: 70.48 vs HKSE:01911: 287.75

China Renaissance Holdings's Days Payable declined from Dec. 2024 (447.55) to Dec. 2025 (214.54). It may suggest that China Renaissance Holdings accelerated paying its suppliers.


China Renaissance Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Renaissance Holdings'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 Renaissance Holdings Days Payable Chart

China Renaissance Holdings 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 315.71 292.78 621.42 429.39 318.99

China Renaissance Holdings Semi-Annual Data
Dec15 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 512.22 412.85 447.55 335.80 214.54

HKSE:01911 vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, China Renaissance Holdings'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 Renaissance Holdings Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, China Renaissance Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Renaissance Holdings's Days Payable falls into.


HKSE:01911
67GF Score
China Renaissance Holdings Ltd HKSE:01911
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Renaissance Holdings 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.

China Renaissance Holdings'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
=( (533.342 + 306.748) / 2 ) / 480.637*365
=420.045 / 480.637*365
=318.99

China Renaissance Holdings'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
=( (291.007 + 306.748) / 2 ) / 254.237*365 / 2
=298.8775 / 254.237*365 / 2
=214.54

* 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 214.54 mean?
China Renaissance Holdings (HKSE:01911) has a Days Payable of 214.54 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 Renaissance Holdings and its competitors. This is 29% below median its historical median of 304.25. Over the past decade, China Renaissance Holdings' Days Payable has ranged from 33.93 to 621.42. According to the industry distribution chart, China Renaissance Holdings ranks #107 out of 489 companies in the Asset Management industry, placing it in the top 21.9%.
Is China Renaissance Holdings' Days Payable too high?
China Renaissance Holdings' current Days Payable of 214.54 is 29% below median its 10-year median of 304.25. Over the past 10 years, this metric has ranged from a low of 33.93 to a high of 621.42. The Asset Management industry median Days Payable is 70.48. China Renaissance Holdings' value of 214.54 is 204.4% above this industry median. Based on the distribution chart, China Renaissance Holdings ranks #107 out of 489 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, China Renaissance Holdings has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Renaissance Holdings' Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, China Renaissance Holdings ranks #107 out of 489 companies for Days Payable. This places China Renaissance Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.48. China Renaissance Holdings' value of 214.54 is 204.4% above this benchmark. Historically, China Renaissance Holdings' own Days Payable has ranged from 33.93 to 621.42 over the past decade. While the company's 10-year median is 304.25 vs. the industry median of 70.48, China Renaissance Holdings 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.48, based on 489 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 Renaissance Holdings's current Days Payable of 214.54 is 204.4% 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 Renaissance Holdings and its competitors. For the Asset Management industry, the median Days Payable is 70.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Renaissance Holdings's current Days Payable is 214.54, which is 29% below median its own 10-year median of 304.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Renaissance Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Renaissance Holdings (HKSE:01911) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.05, compared to a current price of HK$3.14 — trading 37.8% below its estimated fair value. The current Days Payable is 214.54, which is 29% below median its 10-year median of 304.25 and 204.4% above the Asset Management industry median of 70.48. China Renaissance Holdings' overall GF Score™ is 67/100 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 China Renaissance Holdings (HKSE:01911), the current Days Payable is 214.54 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 Renaissance Holdings (HKSE:01911) Overvalued in 2026?

Based on GuruFocus' analysis, China Renaissance Holdings stock appears to be undervalued. The current stock price of HK$3.14 is trading 37.8% below its estimated GF Value™ of HK$5.05. GuruFocus considers China Renaissance Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01911:

  • Days Payable: 214.54 (29% below median its 10-year median of 304.25)
  • GF Value™: HK$5.05 vs. price of HK$3.14 (37.8% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 204.4% above the Asset Management median (#107 of 489)

No single metric tells the full story. See the HKSE:01911 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Renaissance Holdings Business Description

Other Exchanges 6RN:Germany
Address No. 2A Workers Stadium North Road, Unit 703, Tower B, Pacific Century Place, Chaoyang District, Beijing, CHN, 100027
China Renaissance Holdings Ltd, along with its subsidiaries, operates as an investment banking and investment management firm providing advisory, capital markets services, and investment services to businesses. The Group offers investment management, private placement, M&A advisory, equity underwriting, sales and trading, research, wealth management, and other services. Its reportable segments are: Investment banking, Investment management, CR Securities, and Others. Maximum revenue is derived from the Investment management segment, which provides fund and asset management for individual and institutional clients, and manages its own investment in funds to obtain investment returns. Geographically, the Group generates maximum revenue from Mainland China, followed by Hong Kong and the USA.
67GF Score

Get the complete analysis for HKSE:01911

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

HK$3.14
Price
HK$5.05
GF Value