Sunshine 100 China Holdings (HKSE:02608) Days Payable: 1,781.48 (As of Dec. 2025) — 452% Above Median

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What is Sunshine 100 China Holdings Days Payable?

Sunshine 100 China Holdings HKSE:02608 Days Payable is 1,781.48 as of Dec. 2025, which is 452% above its 10-year median of 322.84. The stock has 2 warning signs investors should review. Among 1,570 Real Estate companies, Sunshine 100 China Holdings ranks better than 88.79% on this metric.

Sunshine 100 China Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$2,660 Mil. Sunshine 100 China Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$272 Mil. Hence, Sunshine 100 China Holdings's Days Payable for the six months ended in Dec. 2025 was 1,781.48.

The historical rank and industry rank for Sunshine 100 China Holdings's Days Payable or its related term are showing as below:

HKSE:02608' s Days Payable Range Over the Past 10 Years
Min: 236.02   Med: 322.84   Max: 613.38
Current: 590.5

During the past 13 years, Sunshine 100 China Holdings's highest Days Payable was 613.38. The lowest was 236.02. And the median was 322.84.

HKSE:02608's Days Payable is ranked better than
88.79% of 1570 companies
in the Real Estate industry
Industry Median: 92.92 vs HKSE:02608: 590.50

Sunshine 100 China Holdings's Days Payable increased from Dec. 2024 (1,671.80) to Dec. 2025 (1,781.48). It may suggest that Sunshine 100 China Holdings delayed paying its suppliers.


Sunshine 100 China Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Sunshine 100 China 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.

Sunshine 100 China Holdings Days Payable Chart

Sunshine 100 China 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 248.48 540.77 613.38 527.94 605.48

Sunshine 100 China Holdings Semi-Annual Data
Jun16 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 719.97 323.22 1,671.80 361.75 1,781.48

Sunshine 100 China Holdings Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Sunshine 100 China 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.


Sunshine 100 China Holdings Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine 100 China Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunshine 100 China Holdings's Days Payable falls into.



Sunshine 100 China 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.

Sunshine 100 China 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
=( (3271.661 + 2653.88) / 2 ) / 1786.048*365
=2962.7705 / 1786.048*365
=605.48

Sunshine 100 China 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
=( (2665.386 + 2653.88) / 2 ) / 272.46*365 / 2
=2659.633 / 272.46*365 / 2
=1,781.48

* 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 1,781.48 mean?
Sunshine 100 China Holdings (HKSE:02608) has a Days Payable of 1,781.48 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 Sunshine 100 China Holdings and its competitors. This is 452% above median its historical median of 322.84. Over the past decade, Sunshine 100 China Holdings' Days Payable has ranged from 236.02 to 613.38. According to the industry distribution chart, Sunshine 100 China Holdings ranks #176 out of 1570 companies in the Real Estate industry, placing it in the top 11.2%.
Is Sunshine 100 China Holdings' Days Payable too high?
Sunshine 100 China Holdings' current Days Payable of 1,781.48 is 452% above median its 10-year median of 322.84. Over the past 10 years, this metric has ranged from a low of 236.02 to a high of 613.38. The Real Estate industry median Days Payable is 92.92. Sunshine 100 China Holdings' value of 1,781.48 is 1817.2% above this industry median. Based on the distribution chart, Sunshine 100 China Holdings ranks #176 out of 1570 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Sunshine 100 China Holdings' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Sunshine 100 China Holdings ranks #176 out of 1570 companies for Days Payable. This places Sunshine 100 China Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.92. Sunshine 100 China Holdings' value of 1,781.48 is 1817.2% above this benchmark. Historically, Sunshine 100 China Holdings' own Days Payable has ranged from 236.02 to 613.38 over the past decade. While the company's 10-year median is 322.84 vs. the industry median of 92.92, Sunshine 100 China 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.92, based on 1,570 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. Sunshine 100 China Holdings's current Days Payable of 1,781.48 is 1817.2% 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 Sunshine 100 China Holdings and its competitors. For the Real Estate industry, the median Days Payable is 92.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunshine 100 China Holdings's current Days Payable is 1,781.48, which is 452% above median its own 10-year median of 322.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine 100 China Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sunshine 100 China Holdings (HKSE:02608) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.01 — trading 50% below its estimated fair value. The current Days Payable is 1,781.48, which is 452% above median its 10-year median of 322.84 and 1817.2% above the Real Estate industry median of 92.92. 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 Sunshine 100 China Holdings (HKSE:02608), the current Days Payable is 1,781.48 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.

Sunshine 100 China Holdings Business Description

Address No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026
Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management, hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment.