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* 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.
Hainan Drinda New Energy Technology Co Days Payable Chart
Hainan Drinda New Energy Technology Co Annual Data
HKSE:02865 vs FSLR, NXT, ENPH: Days Payable Comparison
For the Solar subindustry, Hainan Drinda New Energy Technology Co'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.
Hainan Drinda New Energy Technology Co Days Payable vs Semiconductors Industry
Hainan Drinda New Energy Technology Co 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.
Hainan Drinda New Energy Technology Co (HKSE:02865) has a Days Payable of 190.95 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hainan Drinda New Energy Technology Co and its competitors. This is near median its historical median of 185.58. Over the past decade, Hainan Drinda New Energy Technology Co's Days Payable has ranged from 52.63 to 305.26. According to the industry distribution chart, Hainan Drinda New Energy Technology Co ranks #123 out of 1000 companies in the Semiconductors industry, placing it in the top 12.3%.
Is Hainan Drinda New Energy Technology Co's Days Payable too high?
Hainan Drinda New Energy Technology Co's current Days Payable of 190.95 is near median its 10-year median of 185.58. Over the past 10 years, this metric has ranged from a low of 52.63 to a high of 305.26. The Semiconductors industry median Days Payable is 52.63. Hainan Drinda New Energy Technology Co's value of 190.95 is 262.9% above this industry median. Based on the distribution chart, Hainan Drinda New Energy Technology Co ranks #123 out of 1000 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Hainan Drinda New Energy Technology Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Drinda New Energy Technology Co's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Hainan Drinda New Energy Technology Co ranks #123 out of 1000 companies for Days Payable. This places Hainan Drinda New Energy Technology Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.63. Hainan Drinda New Energy Technology Co's value of 190.95 is 262.9% above this benchmark. Historically, Hainan Drinda New Energy Technology Co's own Days Payable has ranged from 52.63 to 305.26 over the past decade. While the company's 10-year median is 185.58 vs. the industry median of 52.63, Hainan Drinda New Energy Technology Co 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.63, based on 1,000 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. Hainan Drinda New Energy Technology Co's current Days Payable of 190.95 is 262.9% 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 Hainan Drinda New Energy Technology Co and its competitors. For the Semiconductors industry, the median Days Payable is 52.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Drinda New Energy Technology Co's current Days Payable is 190.95, which is near median its own 10-year median of 185.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Drinda New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Drinda New Energy Technology Co (HKSE:02865) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$14.87, compared to a current price of HK$18.10 — trading 21.7% above its estimated fair value. The current Days Payable is 190.95, which is near median its 10-year median of 185.58 and 262.9% above the Semiconductors industry median of 52.63. Hainan Drinda New Energy Technology Co's overall GF Score™ is 59/100 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 Hainan Drinda New Energy Technology Co (HKSE:02865), the current Days Payable is 190.95 as of Mar. 2026. 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 Hainan Drinda New Energy Technology Co (HKSE:02865) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Drinda New Energy Technology Co stock appears to be overvalued.
The current stock price of HK$18.10 is trading 21.7% above its estimated GF Value™ of HK$14.87.
GuruFocus considers Hainan Drinda New Energy Technology Co to be Modestly Overvalued.
Key valuation signals for HKSE:02865:
Days Payable: 190.95 (near median its 10-year median of 185.58)
GF Value™: HK$14.87 vs. price of HK$18.10 (21.7% above fair value)
Industry Position: 262.9% above the Semiconductors median (#123 of 1000)
No single metric tells the full story. See the HKSE:02865 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Drinda New Energy Technology Co Ltd is principally engaged in the R&D, production, and sales of PV cells, with a focus on the new-generation N-type solar cells, the product performance of which has reached international standards. The Company is an enterprise in the PV cell industry and has consistently focused on the R&D of core PV cell technologies. It operates in the Chinese mainland and outside the Chinese mainland.
59GF Score
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