China Netcom Technology Holdings (HKSE:08071) Days Payable: 74.93 (As of Dec. 2025) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:08071 China Netcom Technology Holdings Ltd HKSE:08071
55 GF Score
Price HK$0.43
GF Value HK$2.16
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is China Netcom Technology Holdings Days Payable?

China Netcom Technology Holdings HKSE:08071 +13.16% 55 Days Payable is 74.93 as of Dec. 2025, which is 16% below its 10-year median of 89.11. GuruFocus rates HKSE:08071 with a GF Score™ of 55/100 and a GF Value™ of HK$2.16 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,611 Software companies, China Netcom Technology Holdings ranks better than 55.73% on this metric.

China Netcom Technology Holdings's average Accounts Payable for the six months ended in Dec. 2025 was HK$8.06 Mil. China Netcom Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$19.63 Mil. Hence, China Netcom Technology Holdings's Days Payable for the six months ended in Dec. 2025 was 74.93.

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

HKSE:08071' s Days Payable Range Over the Past 10 Years
Min: 23.02   Med: 89.11   Max: 819.3
Current: 63.45

During the past 13 years, China Netcom Technology Holdings's highest Days Payable was 819.30. The lowest was 23.02. And the median was 89.11.

HKSE:08071's Days Payable is ranked better than
55.73% of 2611 companies
in the Software industry
Industry Median: 52.78 vs HKSE:08071: 63.45

China Netcom Technology Holdings's Days Payable increased from Dec. 2024 (67.53) to Dec. 2025 (74.93). It may suggest that China Netcom Technology Holdings delayed paying its suppliers.


China Netcom Technology Holdings Days Payable Related Terms


China Netcom Technology Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for China Netcom Technology 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.

China Netcom Technology Holdings Days Payable Chart

China Netcom Technology 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 85.41 183.67 219.59 65.43 70.83

China Netcom Technology 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 264.90 92.58 67.53 34.25 74.93

HKSE:08071 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, China Netcom Technology 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.


China Netcom Technology Holdings Days Payable vs Software Industry

For the Software industry and Technology sector, China Netcom Technology Holdings's Days Payable distribution charts can be found below:

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


HKSE:08071
55GF Score
China Netcom Technology Holdings Ltd HKSE:08071
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Netcom Technology 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.

China Netcom Technology 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
=( (0.204 + 11.94) / 2 ) / 31.292*365
=6.072 / 31.292*365
=70.83

China Netcom Technology 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
=( (4.175 + 11.94) / 2 ) / 19.626*365 / 2
=8.0575 / 19.626*365 / 2
=74.93

* 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 74.93 mean?
China Netcom Technology Holdings (HKSE:08071) has a Days Payable of 74.93 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 Netcom Technology Holdings and its competitors. This is 16% below median its historical median of 89.11. Over the past decade, China Netcom Technology Holdings' Days Payable has ranged from 23.02 to 819.30. According to the industry distribution chart, China Netcom Technology Holdings ranks #1156 out of 2611 companies in the Software industry, placing it in the top 44.3%.
Is China Netcom Technology Holdings' Days Payable too high?
China Netcom Technology Holdings' current Days Payable of 74.93 is 16% below median its 10-year median of 89.11. Over the past 10 years, this metric has ranged from a low of 23.02 to a high of 819.30. The Software industry median Days Payable is 52.78. China Netcom Technology Holdings' value of 74.93 is 42% above this industry median. Based on the distribution chart, China Netcom Technology Holdings ranks #1156 out of 2611 companies in the Software industry, which is above the industry midpoint. Overall, China Netcom Technology Holdings has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Netcom Technology Holdings' Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, China Netcom Technology Holdings ranks #1156 out of 2611 companies for Days Payable. This puts China Netcom Technology Holdings in the upper half of its industry. The industry median Days Payable is 52.78. China Netcom Technology Holdings' value of 74.93 is 42% above this benchmark. Historically, China Netcom Technology Holdings' own Days Payable has ranged from 23.02 to 819.30 over the past decade. While the company's 10-year median is 89.11 vs. the industry median of 52.78, China Netcom Technology 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,611 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 Netcom Technology Holdings's current Days Payable of 74.93 is 42% 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 Netcom Technology Holdings and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Netcom Technology Holdings's current Days Payable is 74.93, which is 16% below median its own 10-year median of 89.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Netcom Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Netcom Technology Holdings (HKSE:08071) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.16, compared to a current price of HK$0.43 — trading 80.1% below its estimated fair value. The current Days Payable is 74.93, which is 16% below median its 10-year median of 89.11 and 42% above the Software industry median of 52.78. China Netcom Technology Holdings' overall GF Score™ is 55/100 with 7 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 Netcom Technology Holdings (HKSE:08071), the current Days Payable is 74.93 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 Netcom Technology Holdings (HKSE:08071) Overvalued in 2026?

Based on GuruFocus' analysis, China Netcom Technology Holdings stock appears to be undervalued. The current stock price of HK$0.43 is trading 80.1% below its estimated GF Value™ of HK$2.16. GuruFocus considers China Netcom Technology Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08071:

  • Days Payable: 74.93 (16% below median its 10-year median of 89.11)
  • GF Value™: HK$2.16 vs. price of HK$0.43 (80.1% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 42% above the Software median (#1156 of 2611)

No single metric tells the full story. See the HKSE:08071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Netcom Technology Holdings Business Description

Address 18 Harcourt Road, 8th Floor, Tower 2, Admiralty Centre, Hong Kong, HKG
China Netcom Technology Holdings Ltd and its subsidiaries are engaged in the Smart Retail Business and Automotive Culture Business. The vast majority of its revenue is generated from Smart Retail Business, which is into the provision of new retail digital transformation solutions and new retail integrated software service platform to chain retailers and merchants, and extended services such as cloud services, omnichannel payment services, and SMS marketing services, etc. Geographically, the company has business operations in the PRC and Hong Kong, of which key revenue is derived from the PRC.
55GF Score

Get the complete analysis for HKSE:08071

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.43
Price
HK$2.16
GF Value