Central China New Life (HKSE:09983) Days Payable: 215.80 (As of Dec. 2025) — 111% Above Median

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HKSE:09983 Central China New Life Ltd HKSE:09983
68 GF Score
Price HK$0.32
GF Value HK$1.28
Valuation Possible Value Trap
! 6 Warning Signs
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What is Central China New Life Days Payable?

Central China New Life HKSE:09983 68 Days Payable is 215.80 as of Dec. 2025, which is 111% above its 10-year median of 102.04. GuruFocus rates HKSE:09983 with a GF Score™ of 68/100 and a GF Value™ of HK$1.28 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,573 Real Estate companies, Central China New Life ranks better than 72.35% on this metric.

Central China New Life's average Accounts Payable for the six months ended in Dec. 2025 was HK$1,423 Mil. Central China New Life's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$1,203 Mil. Hence, Central China New Life's Days Payable for the six months ended in Dec. 2025 was 215.80.

The historical rank and industry rank for Central China New Life's Days Payable or its related term are showing as below:

HKSE:09983' s Days Payable Range Over the Past 10 Years
Min: 29.92   Med: 102.04   Max: 232.16
Current: 213.92

During the past 9 years, Central China New Life's highest Days Payable was 232.16. The lowest was 29.92. And the median was 102.04.

HKSE:09983's Days Payable is ranked better than
72.35% of 1573 companies
in the Real Estate industry
Industry Median: 92.71 vs HKSE:09983: 213.92

Central China New Life's Days Payable increased from Dec. 2024 (151.58) to Dec. 2025 (215.80). It may suggest that Central China New Life delayed paying its suppliers.


Central China New Life Days Payable Historical Data

* Premium members only.

The historical data trend for Central China New Life'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.

Central China New Life Days Payable Chart

Central China New Life Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 102.04 208.05 232.16 219.30 213.39

Central China New Life Semi-Annual Data
Dec17 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 163.54 157.77 151.58 211.49 215.80

HKSE:09983 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Central China New Life'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.


Central China New Life Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China New Life's Days Payable distribution charts can be found below:

* The bar in red indicates where Central China New Life's Days Payable falls into.


HKSE:09983
68GF Score
Central China New Life Ltd HKSE:09983
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Central China New Life 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.

Central China New Life'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
=( (1451.42 + 1421.936) / 2 ) / 2457.463*365
=1436.678 / 2457.463*365
=213.39

Central China New Life'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
=( (1424.237 + 1421.936) / 2 ) / 1203.478*365 / 2
=1423.0865 / 1203.478*365 / 2
=215.80

* 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 215.80 mean?
Central China New Life (HKSE:09983) has a Days Payable of 215.80 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 Central China New Life and its competitors. This is 111% above median its historical median of 102.04. Over the past decade, Central China New Life's Days Payable has ranged from 29.92 to 232.16. According to the industry distribution chart, Central China New Life ranks #435 out of 1573 companies in the Real Estate industry, placing it in the top 27.7%.
Is Central China New Life's Days Payable too high?
Central China New Life's current Days Payable of 215.80 is 111% above median its 10-year median of 102.04. Over the past 10 years, this metric has ranged from a low of 29.92 to a high of 232.16. The Real Estate industry median Days Payable is 92.71. Central China New Life's value of 215.80 is 132.8% above this industry median. Based on the distribution chart, Central China New Life ranks #435 out of 1573 companies in the Real Estate industry, which is above the industry midpoint. Overall, Central China New Life has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central China New Life's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Central China New Life ranks #435 out of 1573 companies for Days Payable. This puts Central China New Life in the upper half of its industry. The industry median Days Payable is 92.71. Central China New Life's value of 215.80 is 132.8% above this benchmark. Historically, Central China New Life's own Days Payable has ranged from 29.92 to 232.16 over the past decade. While the company's 10-year median is 102.04 vs. the industry median of 92.71, Central China New Life 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 92.71, based on 1,573 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. Central China New Life's current Days Payable of 215.80 is 132.8% 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 Central China New Life and its competitors. For the Real Estate industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central China New Life's current Days Payable is 215.80, which is 111% above median its own 10-year median of 102.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central China New Life stock overvalued right now?
Based on GuruFocus' analysis, Central China New Life (HKSE:09983) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.28, compared to a current price of HK$0.32 — trading 75% below its estimated fair value. The current Days Payable is 215.80, which is 111% above median its 10-year median of 102.04 and 132.8% above the Real Estate industry median of 92.71. Central China New Life's overall GF Score™ is 68/100 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 Central China New Life (HKSE:09983), the current Days Payable is 215.80 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 Central China New Life (HKSE:09983) Overvalued in 2026?

Based on GuruFocus' analysis, Central China New Life stock appears to be undervalued. The current stock price of HK$0.32 is trading 75% below its estimated GF Value™ of HK$1.28. GuruFocus considers Central China New Life to be Possible Value Trap.

Key valuation signals for HKSE:09983:

  • Days Payable: 215.80 (111% above median its 10-year median of 102.04)
  • GF Value™: HK$1.28 vs. price of HK$0.32 (75% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 132.8% above the Real Estate median (#435 of 1573)

No single metric tells the full story. See the HKSE:09983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central China New Life Business Description

Address No. 19 Dirun Road, Room 411, 4th Floor, Building 2, Jianye Office Building, Zhengdong New District, Henan Province, Zhengzhou, CHN
Central China New Life Ltd is a property management company in central China with a geographical focus in Henan province. The revenue of the Group was generated from three main business lines: property management services; community value-added services; and value-added services to non-property owners. The company generates the majority of its revenue from property management services. The Group mainly operates its businesses in the PRC and earns substantially all of the revenue from customers in the PRC region.
68GF Score

Get the complete analysis for HKSE:09983

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

HK$0.32
Price
HK$1.28
GF Value