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Zhongmin Energy CoSHSE:600163 +1.45%80 Days Payable is 402.59 as of Mar. 2026, which is 8% below its 10-year median of 435.24. GuruFocus rates SHSE:600163 with a GF Score™ of 80/100 and a GF Value™ of ¥5.19 (Fairly Valued). The stock has 5 warning signs investors should review. Among 391 Utilities - Independent Power Producers companies, Zhongmin Energy Co ranks better than 85.93% on this metric.
The historical rank and industry rank for Zhongmin Energy Co's Days Payable or its related term are showing as below:
SHSE:600163'
s Days Payable Range Over the Past 10 Years
Min: 305.25 Med: 435.24 Max: 1271.19
Current: 383.22
During the past 13 years, Zhongmin Energy Co's highest Days Payable was 1271.19. The lowest was 305.25. And the median was 435.24.
SHSE:600163's Days Payable is ranked better than 85.93% of 391
companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.51
vs SHSE:600163: 383.22
Zhongmin Energy Co's Days Payable
declined
from Mar. 2025 (468.58) to Mar. 2026 (402.59).
It may suggest that Zhongmin Energy Coaccelerated paying its suppliers.
Zhongmin Energy Co Days Payable Related Terms
Zhongmin Energy Co Days Payable Historical Data
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The historical data trend for Zhongmin Energy 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.
Zhongmin Energy Co Days Payable Competitor Comparison
For the Utilities - Renewable subindustry, Zhongmin Energy 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.
Zhongmin Energy Co Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zhongmin Energy Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhongmin Energy 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.
Zhongmin Energy 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.
Zhongmin Energy Co (SHSE:600163) has a Days Payable of 402.59 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 Zhongmin Energy Co and its competitors. This is near median its historical median of 435.24. Over the past decade, Zhongmin Energy Co's Days Payable has ranged from 305.25 to 1,271.19. According to the industry distribution chart, Zhongmin Energy Co ranks #55 out of 391 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.1%.
Is Zhongmin Energy Co's Days Payable too high?
Zhongmin Energy Co's current Days Payable of 402.59 is near median its 10-year median of 435.24. Over the past 10 years, this metric has ranged from a low of 305.25 to a high of 1,271.19. The Utilities - Independent Power Producers industry median Days Payable is 79.51. Zhongmin Energy Co's value of 402.59 is 406.3% above this industry median. Based on the distribution chart, Zhongmin Energy Co ranks #55 out of 391 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Zhongmin Energy Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongmin Energy Co's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhongmin Energy Co ranks #55 out of 391 companies for Days Payable. This places Zhongmin Energy Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.51. Zhongmin Energy Co's value of 402.59 is 406.3% above this benchmark. Historically, Zhongmin Energy Co's own Days Payable has ranged from 305.25 to 1,271.19 over the past decade. While the company's 10-year median is 435.24 vs. the industry median of 79.51, Zhongmin Energy 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.51, based on 391 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. Zhongmin Energy Co's current Days Payable of 402.59 is 406.3% 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 Zhongmin Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongmin Energy Co's current Days Payable is 402.59, which is near median its own 10-year median of 435.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongmin Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongmin Energy Co (SHSE:600163) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.19, compared to a current price of ¥4.90 — trading 5.6% below its estimated fair value. The current Days Payable is 402.59, which is near median its 10-year median of 435.24 and 406.3% above the Utilities - Independent Power Producers industry median of 79.51. Zhongmin Energy Co's overall GF Score™ is 80/100 with 5 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 Zhongmin Energy Co (SHSE:600163), the current Days Payable is 402.59 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 Zhongmin Energy Co (SHSE:600163) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongmin Energy Co stock appears to be undervalued.
The current stock price of ¥4.90 is trading 5.6% below its estimated GF Value™ of ¥5.19.
GuruFocus considers Zhongmin Energy Co to be Fairly Valued.
Key valuation signals for SHSE:600163:
Days Payable: 402.59 (near median its 10-year median of 435.24)
GF Value™: ¥5.19 vs. price of ¥4.90 (5.6% below fair value)
Industry Position: 406.3% above the Utilities - Independent Power Producers median (#55 of 391)
No single metric tells the full story. See the SHSE:600163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.
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