Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Canggang RailwayHKSE:02169 -1.02%49 Days Payable is 48.76 as of Dec. 2025, which is 3% above its 10-year median of 47.50. GuruFocus rates HKSE:02169 with a GF Score™ of 49/100 and a GF Value™ of HK$0.94 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 969 Transportation companies, Canggang Railway ranks better than 62.13% on this metric.
The historical rank and industry rank for Canggang Railway's Days Payable or its related term are showing as below:
HKSE:02169'
s Days Payable Range Over the Past 10 Years
Min: 42.4 Med: 47.5 Max: 59.52
Current: 51.64
During the past 9 years, Canggang Railway's highest Days Payable was 59.52. The lowest was 42.40. And the median was 47.50.
HKSE:02169's Days Payable is ranked better than 62.13% of 969
companies
in the Transportation industry
Industry Median: 38.63
vs HKSE:02169: 51.64
Canggang Railway's Days Payable
increased
from Dec. 2024 (47.29) to Dec. 2025 (48.76).
It may suggest that Canggang Railwaydelayed paying its suppliers.
The historical data trend for Canggang Railway'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.
HKSE:02169 vs UNP, CSX, NSC: Days Payable Comparison
For the Railroads subindustry, Canggang Railway'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.
Canggang Railway Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Canggang Railway's Days Payable distribution charts can be found below:
* The bar in red indicates where Canggang Railway's Days Payable falls into.
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.
Canggang Railway's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Canggang Railway (HKSE:02169) has a Days Payable of 48.76 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 Canggang Railway and its competitors. This is near median its historical median of 47.50. Over the past decade, Canggang Railway's Days Payable has ranged from 42.40 to 59.52. According to the industry distribution chart, Canggang Railway ranks #367 out of 969 companies in the Transportation industry, placing it in the top 37.9%.
Is Canggang Railway's Days Payable too high?
Canggang Railway's current Days Payable of 48.76 is near median its 10-year median of 47.50. Over the past 10 years, this metric has ranged from a low of 42.40 to a high of 59.52. The Transportation industry median Days Payable is 38.63. Canggang Railway's value of 48.76 is 26.2% above this industry median. Based on the distribution chart, Canggang Railway ranks #367 out of 969 companies in the Transportation industry, which is above the industry midpoint. Overall, Canggang Railway has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Canggang Railway's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, Canggang Railway ranks #367 out of 969 companies for Days Payable. This puts Canggang Railway in the upper half of its industry. The industry median Days Payable is 38.63. Canggang Railway's value of 48.76 is 26.2% above this benchmark. Historically, Canggang Railway's own Days Payable has ranged from 42.40 to 59.52 over the past decade. While the company's 10-year median is 47.50 vs. the industry median of 38.63, Canggang Railway 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 Transportation company?
The median Days Payable among Transportation companies is 38.63, based on 969 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. Canggang Railway's current Days Payable of 48.76 is 26.2% 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 Canggang Railway and its competitors. For the Transportation industry, the median Days Payable is 38.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canggang Railway's current Days Payable is 48.76, which is near median its own 10-year median of 47.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canggang Railway stock overvalued right now?
Based on GuruFocus' analysis, Canggang Railway (HKSE:02169) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.94, compared to a current price of HK$0.49 — trading 48.4% below its estimated fair value. The current Days Payable is 48.76, which is near median its 10-year median of 47.50 and 26.2% above the Transportation industry median of 38.63. Canggang Railway's overall GF Score™ is 49/100 with 8 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 Canggang Railway (HKSE:02169), the current Days Payable is 48.76 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 Canggang Railway (HKSE:02169) Overvalued in 2026?
Based on GuruFocus' analysis, Canggang Railway stock appears to be undervalued.
The current stock price of HK$0.49 is trading 48.4% below its estimated GF Value™ of HK$0.94.
GuruFocus considers Canggang Railway to be Possible Value Trap.
Key valuation signals for HKSE:02169:
Days Payable: 48.76 (near median its 10-year median of 47.50)
GF Value™: HK$0.94 vs. price of HK$0.49 (48.4% below fair value)
Industry Position: 26.2% above the Transportation median (#367 of 969)
No single metric tells the full story. See the HKSE:02169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, which provides rail freight transportation in the PRC; and other ancillary services, which includes provides freight loading and unloading services, road freight transportation and other services in the PRC. Its services also include loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. The company earns its revenue from rail freight transportation services and ancillary services in the PRC.
49GF Score
Get the complete analysis for HKSE:02169
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02169 has been successfully added to your 
