Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) Days Payable: 44.63 (As of Dec. 2025) — 37% Below Median

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HKSE:09609 Hebei Haiwei Electronic New Material Technology Co Ltd HKSE:09609
21 GF Score
Price HK$7.82
! 1 Warning Sign
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What is Hebei Haiwei Electronic New Material Technology Co Days Payable?

Hebei Haiwei Electronic New Material Technology Co HKSE:09609 +2.83% 21 Days Payable is 44.63 as of Dec. 2025, which is 37% below its 10-year median of 71.14. GuruFocus rates HKSE:09609 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 2,441 Hardware companies, Hebei Haiwei Electronic New Material Technology Co ranks worse than 73.04% on this metric.

Hebei Haiwei Electronic New Material Technology Co's average Accounts Payable for the six months ended in Dec. 2025 was HK$31.1 Mil. Hebei Haiwei Electronic New Material Technology Co's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$254.2 Mil. Hence, Hebei Haiwei Electronic New Material Technology Co's Days Payable for the six months ended in Dec. 2025 was 22.32.

The historical rank and industry rank for Hebei Haiwei Electronic New Material Technology Co's Days Payable or its related term are showing as below:

HKSE:09609' s Days Payable Range Over the Past 10 Years
Min: 44.63   Med: 71.14   Max: 166.78
Current: 44.63

During the past 4 years, Hebei Haiwei Electronic New Material Technology Co's highest Days Payable was 166.78. The lowest was 44.63. And the median was 71.14.

HKSE:09609's Days Payable is ranked worse than
73.04% of 2441 companies
in the Hardware industry
Industry Median: 69.55 vs HKSE:09609: 44.63

Hebei Haiwei Electronic New Material Technology Co's Days Payable declined from Dec. 2023 (95.64) to Dec. 2025 (44.63). It may suggest that Hebei Haiwei Electronic New Material Technology Co accelerated paying its suppliers.


Hebei Haiwei Electronic New Material Technology Co Days Payable Related Terms


Hebei Haiwei Electronic New Material Technology Co Days Payable Historical Data

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The historical data trend for Hebei Haiwei Electronic New Material Technology Co'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.

Hebei Haiwei Electronic New Material Technology Co Days Payable Chart

Hebei Haiwei Electronic New Material Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
166.78 95.64 46.63 44.63

Hebei Haiwei Electronic New Material Technology Co Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Days Payable 166.78 95.64 46.63 44.63

HKSE:09609 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Hebei Haiwei Electronic New Material 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.


Hebei Haiwei Electronic New Material Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Hebei Haiwei Electronic New Material Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hebei Haiwei Electronic New Material Technology Co's Days Payable falls into.


HKSE:09609
21GF Score
Hebei Haiwei Electronic New Material Technology Co Ltd HKSE:09609
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hebei Haiwei Electronic New Material 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.

Hebei Haiwei Electronic New Material Technology Co'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
=( (42.958 + 19.199) / 2 ) / 254.151*365
=31.0785 / 254.151*365
=44.63

Hebei Haiwei Electronic New Material Technology Co'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: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (42.958 + 19.199) / 2 ) / 254.151*365 / 2
=31.0785 / 254.151*365 / 2
=22.32

* 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 44.63 mean?
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) has a Days Payable of 44.63 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 Hebei Haiwei Electronic New Material Technology Co and its competitors. This is 37% below median its historical median of 71.14. Over the past decade, Hebei Haiwei Electronic New Material Technology Co's Days Payable has ranged from 44.63 to 166.78. According to the industry distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #1783 out of 2441 companies in the Hardware industry, placing it in the top 73%.
Is Hebei Haiwei Electronic New Material Technology Co's Days Payable too high?
Hebei Haiwei Electronic New Material Technology Co's current Days Payable of 44.63 is 37% below median its 10-year median of 71.14. Over the past 10 years, this metric has ranged from a low of 44.63 to a high of 166.78. The Hardware industry median Days Payable is 69.55. Hebei Haiwei Electronic New Material Technology Co's value of 44.63 is 35.8% below this industry median. Based on the distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #1783 out of 2441 companies in the Hardware industry, which is below the industry midpoint. Overall, Hebei Haiwei Electronic New Material Technology Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hebei Haiwei Electronic New Material Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #1783 out of 2441 companies for Days Payable. This places Hebei Haiwei Electronic New Material Technology Co in the lower half of its industry. The industry median Days Payable is 69.55. Hebei Haiwei Electronic New Material Technology Co's value of 44.63 is 35.8% below this benchmark. Historically, Hebei Haiwei Electronic New Material Technology Co's own Days Payable has ranged from 44.63 to 166.78 over the past decade. While the company's 10-year median is 71.14 vs. the industry median of 69.55, Hebei Haiwei Electronic New Material Technology Co has consistently been below 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 69.55, based on 2,441 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. Hebei Haiwei Electronic New Material Technology Co's current Days Payable of 44.63 is 35.8% below 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 Hebei Haiwei Electronic New Material Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Haiwei Electronic New Material Technology Co's current Days Payable is 44.63, which is 37% below median its own 10-year median of 71.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Haiwei Electronic New Material Technology Co stock overvalued right now?
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) has a current Days Payable of 44.63. The current Days Payable is 44.63, which is 37% below median its 10-year median of 71.14 and 35.8% below the Hardware industry median of 69.55. Hebei Haiwei Electronic New Material Technology Co's overall GF Score™ is 21/100 with 1 warning sign 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 Hebei Haiwei Electronic New Material Technology Co (HKSE:09609), the current Days Payable is 44.63 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.

Hebei Haiwei Electronic New Material Technology Co Business Description

Address Jing County Economic and Technological Development Zone, Hebei Province, Hengshui, CHN
Hebei Haiwei Electronic New Material Technology Co Ltd is a capacitor film manufacturer in China. Its capacitor film products include capacitor base films and metallized films. These products are key components of film capacitors, a type of capacitor known for its outstanding voltage resistance, high-frequency stability, and long lifespan. Film capacitors have a wide range of end-use application scenarios, including new energy vehicles, new energy power systems, industrial equipment, and household appliances. The company's customers include film capacitor manufacturers and BYD, a Chinese new energy vehicle company.
21GF Score

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HK$7.82
Price