Shinelong Automotive Lightweight Application (HKSE:01930) Days Payable: 131.53 (As of Dec. 2025) — Near Median

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HKSE:01930 Shinelong Automotive Lightweight Application Ltd HKSE:01930
65 GF Score
Price HK$0.35
GF Value HK$0.49
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Shinelong Automotive Lightweight Application Days Payable?

Shinelong Automotive Lightweight Application HKSE:01930 +2.94% 65 Days Payable is 131.53 as of Dec. 2025, which is 2% above its 10-year median of 129.00. GuruFocus rates HKSE:01930 with a GF Score™ of 65/100 and a GF Value™ of HK$0.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Shinelong Automotive Lightweight Application ranks better than 83.14% on this metric.

Shinelong Automotive Lightweight Application's average Accounts Payable for the six months ended in Dec. 2025 was HK$123.3 Mil. Shinelong Automotive Lightweight Application's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$171.1 Mil. Hence, Shinelong Automotive Lightweight Application's Days Payable for the six months ended in Dec. 2025 was 131.53.

The historical rank and industry rank for Shinelong Automotive Lightweight Application's Days Payable or its related term are showing as below:

HKSE:01930' s Days Payable Range Over the Past 10 Years
Min: 107.47   Med: 129   Max: 152.16
Current: 150.06

During the past 10 years, Shinelong Automotive Lightweight Application's highest Days Payable was 152.16. The lowest was 107.47. And the median was 129.00.

HKSE:01930's Days Payable is ranked better than
83.14% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 66.65 vs HKSE:01930: 150.06

Shinelong Automotive Lightweight Application's Days Payable declined from Dec. 2024 (154.97) to Dec. 2025 (131.53). It may suggest that Shinelong Automotive Lightweight Application accelerated paying its suppliers.


Shinelong Automotive Lightweight Application Days Payable Related Terms


Shinelong Automotive Lightweight Application Days Payable Historical Data

* Premium members only.

The historical data trend for Shinelong Automotive Lightweight Application'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.

Shinelong Automotive Lightweight Application Days Payable Chart

Shinelong Automotive Lightweight Application 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 107.47 151.93 126.19 131.81 152.16

Shinelong Automotive Lightweight Application Semi-Annual Data
Dec16 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 107.68 125.65 154.97 177.63 131.53

HKSE:01930 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Shinelong Automotive Lightweight Application'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.


Shinelong Automotive Lightweight Application Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shinelong Automotive Lightweight Application's Days Payable distribution charts can be found below:

* The bar in red indicates where Shinelong Automotive Lightweight Application's Days Payable falls into.


HKSE:01930
65GF Score
Shinelong Automotive Lightweight Application Ltd HKSE:01930
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinelong Automotive Lightweight Application 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.

Shinelong Automotive Lightweight Application'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
=( (89.687 + 138.597) / 2 ) / 273.795*365
=114.142 / 273.795*365
=152.16

Shinelong Automotive Lightweight Application'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
=( (108.062 + 138.597) / 2 ) / 171.123*365 / 2
=123.3295 / 171.123*365 / 2
=131.53

* 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 131.53 mean?
Shinelong Automotive Lightweight Application (HKSE:01930) has a Days Payable of 131.53 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 Shinelong Automotive Lightweight Application and its competitors. This is near median its historical median of 129.00. Over the past decade, Shinelong Automotive Lightweight Application's Days Payable has ranged from 107.47 to 152.16. According to the industry distribution chart, Shinelong Automotive Lightweight Application ranks #221 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 16.9%.
Is Shinelong Automotive Lightweight Application's Days Payable too high?
Shinelong Automotive Lightweight Application's current Days Payable of 131.53 is near median its 10-year median of 129.00. Over the past 10 years, this metric has ranged from a low of 107.47 to a high of 152.16. The Vehicles & Parts industry median Days Payable is 66.65. Shinelong Automotive Lightweight Application's value of 131.53 is 97.3% above this industry median. Based on the distribution chart, Shinelong Automotive Lightweight Application ranks #221 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Shinelong Automotive Lightweight Application has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinelong Automotive Lightweight Application's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shinelong Automotive Lightweight Application ranks #221 out of 1311 companies for Days Payable. This places Shinelong Automotive Lightweight Application in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.65. Shinelong Automotive Lightweight Application's value of 131.53 is 97.3% above this benchmark. Historically, Shinelong Automotive Lightweight Application's own Days Payable has ranged from 107.47 to 152.16 over the past decade. While the company's 10-year median is 129.00 vs. the industry median of 66.65, Shinelong Automotive Lightweight Application 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.65, based on 1,311 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. Shinelong Automotive Lightweight Application's current Days Payable of 131.53 is 97.3% 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 Shinelong Automotive Lightweight Application and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinelong Automotive Lightweight Application's current Days Payable is 131.53, which is near median its own 10-year median of 129.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinelong Automotive Lightweight Application stock overvalued right now?
Based on GuruFocus' analysis, Shinelong Automotive Lightweight Application (HKSE:01930) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.49, compared to a current price of HK$0.35 — trading 28.6% below its estimated fair value. The current Days Payable is 131.53, which is near median its 10-year median of 129.00 and 97.3% above the Vehicles & Parts industry median of 66.65. Shinelong Automotive Lightweight Application's overall GF Score™ is 65/100 with 6 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 Shinelong Automotive Lightweight Application (HKSE:01930), the current Days Payable is 131.53 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 Shinelong Automotive Lightweight Application (HKSE:01930) Overvalued in 2026?

Based on GuruFocus' analysis, Shinelong Automotive Lightweight Application stock appears to be undervalued. The current stock price of HK$0.35 is trading 28.6% below its estimated GF Value™ of HK$0.49. GuruFocus considers Shinelong Automotive Lightweight Application to be Modestly Undervalued.

Key valuation signals for HKSE:01930:

  • Days Payable: 131.53 (near median its 10-year median of 129.00)
  • GF Value™: HK$0.49 vs. price of HK$0.35 (28.6% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 97.3% above the Vehicles & Parts median (#221 of 1311)

No single metric tells the full story. See the HKSE:01930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinelong Automotive Lightweight Application Business Description

Address 90 Yangongdai Lane, Zhangpu Town, Jiangsu Province, Kunshan, CHN
Shinelong Automotive Lightweight Application Ltd is engaged in the design, development, manufacture, and sales of customized hot-pressing moulds, hydroforming moulds, and injection moulds that are used in auto manufacturing. Apart from automotive moulds, the group also engages in the design, development, manufacture, and sales of customized plastic moulds for the production of electrical appliances and health-protective appliances. The company also offers parts processing services. The group operates in three segments which includes, Automotive moulds, Electrical appliance moulds, and Other moulds. The majority of its revenue is generated from the Automotive moulds. Geographically, it generates maximum revenue from the PRC.
65GF Score

Get the complete analysis for HKSE:01930

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

HK$0.35
Price
HK$0.49
GF Value