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Tongda Hong Tai HoldingsHKSE:02363 41 Days Payable is 240.33 as of Dec. 2025, which is 122% above its 10-year median of 108.06. GuruFocus rates HKSE:02363 with a GF Score™ of 41/100 and a GF Value™ of HK$0.15 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,433 Hardware companies, Tongda Hong Tai Holdings ranks better than 85.74% on this metric.
* 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:02363 vs APH, GLW, TEL: Days Payable Comparison
For the Electronic Components subindustry, Tongda Hong Tai 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.
Tongda Hong Tai Holdings Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Tongda Hong Tai Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Tongda Hong Tai Holdings'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.
Tongda Hong Tai Holdings'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.
Tongda Hong Tai Holdings (HKSE:02363) has a Days Payable of 240.33 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 Tongda Hong Tai Holdings and its competitors. This is 122% above median its historical median of 108.06. Over the past decade, Tongda Hong Tai Holdings' Days Payable has ranged from 75.25 to 165.85. According to the industry distribution chart, Tongda Hong Tai Holdings ranks #347 out of 2433 companies in the Hardware industry, placing it in the top 14.3%.
Is Tongda Hong Tai Holdings' Days Payable too high?
Tongda Hong Tai Holdings' current Days Payable of 240.33 is 122% above median its 10-year median of 108.06. Over the past 10 years, this metric has ranged from a low of 75.25 to a high of 165.85. The Hardware industry median Days Payable is 70.03. Tongda Hong Tai Holdings' value of 240.33 is 243.2% above this industry median. Based on the distribution chart, Tongda Hong Tai Holdings ranks #347 out of 2433 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tongda Hong Tai Holdings has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tongda Hong Tai Holdings' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Tongda Hong Tai Holdings ranks #347 out of 2433 companies for Days Payable. This places Tongda Hong Tai Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.03. Tongda Hong Tai Holdings' value of 240.33 is 243.2% above this benchmark. Historically, Tongda Hong Tai Holdings' own Days Payable has ranged from 75.25 to 165.85 over the past decade. While the company's 10-year median is 108.06 vs. the industry median of 70.03, Tongda Hong Tai 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 a Hardware company?
The median Days Payable among Hardware companies is 70.03, based on 2,433 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. Tongda Hong Tai Holdings's current Days Payable of 240.33 is 243.2% 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 Tongda Hong Tai Holdings and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongda Hong Tai Holdings's current Days Payable is 240.33, which is 122% above median its own 10-year median of 108.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongda Hong Tai Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tongda Hong Tai Holdings (HKSE:02363) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.25 — trading 66.7% above its estimated fair value. The current Days Payable is 240.33, which is 122% above median its 10-year median of 108.06 and 243.2% above the Hardware industry median of 70.03. Tongda Hong Tai Holdings' overall GF Score™ is 41/100 with 2 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 Tongda Hong Tai Holdings (HKSE:02363), the current Days Payable is 240.33 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 Tongda Hong Tai Holdings (HKSE:02363) Overvalued in 2026?
Based on GuruFocus' analysis, Tongda Hong Tai Holdings stock appears to be overvalued.
The current stock price of HK$0.25 is trading 66.7% above its estimated GF Value™ of HK$0.15.
GuruFocus considers Tongda Hong Tai Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02363:
Days Payable: 240.33 (122% above median its 10-year median of 108.06)
GF Value™: HK$0.15 vs. price of HK$0.25 (66.7% above fair value)
Industry Position: 243.2% above the Hardware median (#347 of 2433)
No single metric tells the full story. See the HKSE:02363 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongda Hong Tai Holdings Ltd is an investment holding company. The company's subsidiaries are principally involved in the manufacture and sale of the casings of notebook and tablet computer and components in Mainland China. The majority of the company's revenue is derived from the sale of casings of notebooks and tablets.
41GF Score
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