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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.
Shanxi Changcheng Microlight Equipment Co Days Payable Chart
Shanxi Changcheng Microlight Equipment Co Annual Data
HKSE:08286 vs CSCO, CIEN, MSI: Days Payable Comparison
For the Communication Equipment subindustry, Shanxi Changcheng Microlight Equipment 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.
Shanxi Changcheng Microlight Equipment Co Days Payable vs Hardware Industry
Shanxi Changcheng Microlight Equipment 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.
Shanxi Changcheng Microlight Equipment Co (HKSE:08286) has a Days Payable of 236.75 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 Shanxi Changcheng Microlight Equipment Co and its competitors. This is 10% below median its historical median of 264.13. Over the past decade, Shanxi Changcheng Microlight Equipment Co's Days Payable has ranged from 161.30 to 364.77. According to the industry distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #144 out of 2442 companies in the Hardware industry, placing it in the top 5.9%.
Is Shanxi Changcheng Microlight Equipment Co's Days Payable too high?
Shanxi Changcheng Microlight Equipment Co's current Days Payable of 236.75 is 10% below median its 10-year median of 264.13. Over the past 10 years, this metric has ranged from a low of 161.30 to a high of 364.77. The Hardware industry median Days Payable is 69.89. Shanxi Changcheng Microlight Equipment Co's value of 236.75 is 238.7% above this industry median. Based on the distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #144 out of 2442 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Changcheng Microlight Equipment Co has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Changcheng Microlight Equipment Co's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #144 out of 2442 companies for Days Payable. This places Shanxi Changcheng Microlight Equipment Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Shanxi Changcheng Microlight Equipment Co's value of 236.75 is 238.7% above this benchmark. Historically, Shanxi Changcheng Microlight Equipment Co's own Days Payable has ranged from 161.30 to 364.77 over the past decade. While the company's 10-year median is 264.13 vs. the industry median of 69.89, Shanxi Changcheng Microlight Equipment 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. Shanxi Changcheng Microlight Equipment Co's current Days Payable of 236.75 is 238.7% 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 Shanxi Changcheng Microlight Equipment Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Changcheng Microlight Equipment Co's current Days Payable is 236.75, which is 10% below median its own 10-year median of 264.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Changcheng Microlight Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Changcheng Microlight Equipment Co (HKSE:08286) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.11 — trading 10% below its estimated fair value. The current Days Payable is 236.75, which is 10% below median its 10-year median of 264.13 and 238.7% above the Hardware industry median of 69.89. Shanxi Changcheng Microlight Equipment Co's overall GF Score™ is 40/100 with 3 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 Shanxi Changcheng Microlight Equipment Co (HKSE:08286), the current Days Payable is 236.75 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 Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Changcheng Microlight Equipment Co stock appears to be undervalued.
The current stock price of HK$0.11 is trading 10% below its estimated GF Value™ of HK$0.12.
GuruFocus considers Shanxi Changcheng Microlight Equipment Co to be Modestly Undervalued.
Key valuation signals for HKSE:08286:
Days Payable: 236.75 (10% below median its 10-year median of 264.13)
GF Value™: HK$0.12 vs. price of HK$0.11 (10% below fair value)
Industry Position: 238.7% above the Hardware median (#144 of 2442)
No single metric tells the full story. See the HKSE:08286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Changcheng Microlight Equipment Co Business Description
Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates. The company geographically operates in PRC, Russia, Europe and Hong Kong, out of which PRC derives maximum revenue.
40GF Score
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