Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Minfeng Special Paper CoSHSE:600235 -3.09%48 Days Payable is 51.33 as of Mar. 2026, which is 42% above its 10-year median of 36.18. GuruFocus rates SHSE:600235 with a GF Score™ of 48/100 and a GF Value™ of ¥4.98 (Fairly Valued). The stock has 8 warning signs investors should review. Among 276 Forest Products companies, Minfeng Special Paper Co ranks better than 61.23% 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.
Minfeng Special Paper Co Days Payable Competitor Comparison
For the Paper & Paper Products subindustry, Minfeng Special Paper 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.
Minfeng Special Paper Co Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Minfeng Special Paper Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Minfeng Special Paper 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.
Minfeng Special Paper 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.
Minfeng Special Paper Co (SHSE:600235) has a Days Payable of 51.33 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 Minfeng Special Paper Co and its competitors. This is 42% above median its historical median of 36.18. Over the past decade, Minfeng Special Paper Co's Days Payable has ranged from 21.77 to 82.71. According to the industry distribution chart, Minfeng Special Paper Co ranks #107 out of 276 companies in the Forest Products industry, placing it in the top 38.8%.
Is Minfeng Special Paper Co's Days Payable too high?
Minfeng Special Paper Co's current Days Payable of 51.33 is 42% above median its 10-year median of 36.18. Over the past 10 years, this metric has ranged from a low of 21.77 to a high of 82.71. The Forest Products industry median Days Payable is 56.48. Minfeng Special Paper Co's value of 51.33 is 9.1% below this industry median. Based on the distribution chart, Minfeng Special Paper Co ranks #107 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Minfeng Special Paper Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minfeng Special Paper Co's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Minfeng Special Paper Co ranks #107 out of 276 companies for Days Payable. This puts Minfeng Special Paper Co in the upper half of its industry. The industry median Days Payable is 56.48. Minfeng Special Paper Co's value of 51.33 is 9.1% below this benchmark. Historically, Minfeng Special Paper Co's own Days Payable has ranged from 21.77 to 82.71 over the past decade. While the company's 10-year median is 36.18 vs. the industry median of 56.48, Minfeng Special Paper 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.48, 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. Minfeng Special Paper Co's current Days Payable of 51.33 is 9.1% 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 Minfeng Special Paper Co and its competitors. For the Forest Products industry, the median Days Payable is 56.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minfeng Special Paper Co's current Days Payable is 51.33, which is 42% above median its own 10-year median of 36.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minfeng Special Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Minfeng Special Paper Co (SHSE:600235) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.98, compared to a current price of ¥5.01 — trading 0.6% above its estimated fair value. The current Days Payable is 51.33, which is 42% above median its 10-year median of 36.18 and 9.1% below the Forest Products industry median of 56.48. Minfeng Special Paper Co's overall GF Score™ is 48/100 with 8 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 Minfeng Special Paper Co (SHSE:600235), the current Days Payable is 51.33 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 Minfeng Special Paper Co (SHSE:600235) Overvalued in 2026?
Based on GuruFocus' analysis, Minfeng Special Paper Co stock appears to be overvalued.
The current stock price of ¥5.01 is trading 0.6% above its estimated GF Value™ of ¥4.98.
GuruFocus considers Minfeng Special Paper Co to be Fairly Valued.
Key valuation signals for SHSE:600235:
Days Payable: 51.33 (42% above median its 10-year median of 36.18)
GF Value™: ¥4.98 vs. price of ¥5.01 (0.6% above fair value)
Industry Position: 9.1% below the Forest Products median (#107 of 276)
No single metric tells the full story. See the SHSE:600235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.
48GF Score
Get the complete analysis for SHSE:600235
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600235 has been successfully added to your 
