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What is China Treasures New Materials Group Days Payable?
China Treasures New Materials GroupHKSE:02439 65 Days Payable is 74.94 as of Dec. 2025, which is 92% above its 10-year median of 38.98. GuruFocus rates HKSE:02439 with a GF Score™ of 65/100 and a GF Value™ of HK$0.20 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,554 Chemicals companies, China Treasures New Materials Group ranks better than 60.1% 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.
China Treasures New Materials Group Days Payable Chart
HKSE:02439 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, China Treasures New Materials Group'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 Treasures New Materials Group Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, China Treasures New Materials Group's Days Payable distribution charts can be found below:
* The bar in red indicates where China Treasures New Materials Group's Days Payable falls into.
China Treasures New Materials Group 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.
* 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 Treasures New Materials Group (HKSE:02439) has a Days Payable of 74.94 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 Treasures New Materials Group and its competitors. This is 92% above median its historical median of 38.98. Over the past decade, China Treasures New Materials Group's Days Payable has ranged from 32.68 to 71.57. According to the industry distribution chart, China Treasures New Materials Group ranks #620 out of 1554 companies in the Chemicals industry, placing it in the top 39.9%.
Is China Treasures New Materials Group's Days Payable too high?
China Treasures New Materials Group's current Days Payable of 74.94 is 92% above median its 10-year median of 38.98. Over the past 10 years, this metric has ranged from a low of 32.68 to a high of 71.57. The Chemicals industry median Days Payable is 59.57. China Treasures New Materials Group's value of 74.94 is 25.8% above this industry median. Based on the distribution chart, China Treasures New Materials Group ranks #620 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, China Treasures New Materials Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Treasures New Materials Group's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, China Treasures New Materials Group ranks #620 out of 1554 companies for Days Payable. This puts China Treasures New Materials Group in the upper half of its industry. The industry median Days Payable is 59.57. China Treasures New Materials Group's value of 74.94 is 25.8% above this benchmark. Historically, China Treasures New Materials Group's own Days Payable has ranged from 32.68 to 71.57 over the past decade. While the company's 10-year median is 38.98 vs. the industry median of 59.57, China Treasures New Materials Group 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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 Treasures New Materials Group's current Days Payable of 74.94 is 25.8% 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 Treasures New Materials Group and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Treasures New Materials Group's current Days Payable is 74.94, which is 92% above median its own 10-year median of 38.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Treasures New Materials Group stock overvalued right now?
Based on GuruFocus' analysis, China Treasures New Materials Group (HKSE:02439) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.38 — trading 90% above its estimated fair value. The current Days Payable is 74.94, which is 92% above median its 10-year median of 38.98 and 25.8% above the Chemicals industry median of 59.57. China Treasures New Materials Group's overall GF Score™ is 65/100 with 9 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 Treasures New Materials Group (HKSE:02439), the current Days Payable is 74.94 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 Treasures New Materials Group (HKSE:02439) Overvalued in 2026?
Based on GuruFocus' analysis, China Treasures New Materials Group stock appears to be overvalued.
The current stock price of HK$0.38 is trading 90% above its estimated GF Value™ of HK$0.20.
GuruFocus considers China Treasures New Materials Group to be Significantly Overvalued.
Key valuation signals for HKSE:02439:
Days Payable: 74.94 (92% above median its 10-year median of 38.98)
GF Value™: HK$0.20 vs. price of HK$0.38 (90% above fair value)
Industry Position: 25.8% above the Chemicals median (#620 of 1554)
No single metric tells the full story. See the HKSE:02439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Treasures New Materials Group Business Description
China Treasures New Materials Group Ltd mainly engages in developing and manufacturing biodegradable plastic products in Northeast China. Its biodegradable plastic products mainly come in biodegradable roll bags. The Group provides biodegradable plastic products, including biodegradable masterbatches that can be used to produce biodegradable plastic products. It has two reportable and operating segments: development and manufacture of biodegradable plastic products, and development and manufacture of non-biodegradable automobile plastic parts. The Group generates the majority of its revenue from the development and manufacture of biodegradable plastic products. Geographically, it generates maximum revenue from the People's Republic of China (PRC).
65GF Score
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