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Kangxin New Materials CoSHSE:600076 -0.32%47 Days Payable is 148.57 as of Mar. 2026, which is 116% above its 10-year median of 68.72. GuruFocus rates SHSE:600076 with a GF Score™ of 47/100 and a GF Value™ of ¥2.60 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 276 Forest Products companies, Kangxin New Materials Co ranks better than 61.96% on this metric.
* 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.
SHSE:600076 vs SSD, UFPI, BCC: Days Payable Comparison
For the Lumber & Wood Production subindustry, Kangxin New Materials 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.
Kangxin New Materials Co Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Kangxin New Materials Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Kangxin New Materials Co's Days Payable falls into.
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.
Kangxin New Materials Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Kangxin New Materials Co (SHSE:600076) has a Days Payable of 148.57 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 Kangxin New Materials Co and its competitors. This is 116% above median its historical median of 68.72. Over the past decade, Kangxin New Materials Co's Days Payable has ranged from 34.74 to 124.97. According to the industry distribution chart, Kangxin New Materials Co ranks #105 out of 276 companies in the Forest Products industry, placing it in the top 38%.
Is Kangxin New Materials Co's Days Payable too high?
Kangxin New Materials Co's current Days Payable of 148.57 is 116% above median its 10-year median of 68.72. Over the past 10 years, this metric has ranged from a low of 34.74 to a high of 124.97. The Forest Products industry median Days Payable is 56.79. Kangxin New Materials Co's value of 148.57 is 161.6% above this industry median. Based on the distribution chart, Kangxin New Materials Co ranks #105 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Kangxin New Materials Co has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kangxin New Materials Co's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Kangxin New Materials Co ranks #105 out of 276 companies for Days Payable. This puts Kangxin New Materials Co in the upper half of its industry. The industry median Days Payable is 56.79. Kangxin New Materials Co's value of 148.57 is 161.6% above this benchmark. Historically, Kangxin New Materials Co's own Days Payable has ranged from 34.74 to 124.97 over the past decade. While the company's 10-year median is 68.72 vs. the industry median of 56.79, Kangxin New Materials 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.79, based on 276 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. Kangxin New Materials Co's current Days Payable of 148.57 is 161.6% 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 Kangxin New Materials Co and its competitors. For the Forest Products industry, the median Days Payable is 56.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kangxin New Materials Co's current Days Payable is 148.57, which is 116% above median its own 10-year median of 68.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kangxin New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Kangxin New Materials Co (SHSE:600076) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.60, compared to a current price of ¥3.09 — trading 18.8% above its estimated fair value. The current Days Payable is 148.57, which is 116% above median its 10-year median of 68.72 and 161.6% above the Forest Products industry median of 56.79. Kangxin New Materials Co's overall GF Score™ is 47/100 with 4 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 Kangxin New Materials Co (SHSE:600076), the current Days Payable is 148.57 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 Kangxin New Materials Co (SHSE:600076) Overvalued in 2026?
Based on GuruFocus' analysis, Kangxin New Materials Co stock appears to be overvalued.
The current stock price of ¥3.09 is trading 18.8% above its estimated GF Value™ of ¥2.60.
GuruFocus considers Kangxin New Materials Co to be Modestly Overvalued.
Key valuation signals for SHSE:600076:
Days Payable: 148.57 (116% above median its 10-year median of 68.72)
GF Value™: ¥2.60 vs. price of ¥3.09 (18.8% above fair value)
Industry Position: 161.6% above the Forest Products median (#105 of 276)
No single metric tells the full story. See the SHSE:600076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.
47GF Score
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