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SHSE:600320'
s Days Payable Range Over the Past 10 Years
Min: 131.96 Med: 176.44 Max: 213.07
Current: 193.85
During the past 13 years, Shanghai Zhenhua Heavy Industries Co's highest Days Payable was 213.07. The lowest was 131.96. And the median was 176.44.
SHSE:600320's Days Payable is ranked better than 85.09% of 2992
companies
in the Industrial Products industry
Industry Median: 78.045
vs SHSE:600320: 193.85
* 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.
Shanghai Zhenhua Heavy Industries Co Days Payable Chart
SHSE:600320 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Zhenhua Heavy Industries Co's Days Payable falls into.
Shanghai Zhenhua Heavy Industries 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.
* 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.
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a Days Payable of 210.11 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 Shanghai Zhenhua Heavy Industries Co and its competitors. This is 19% above median its historical median of 176.44. Over the past decade, Shanghai Zhenhua Heavy Industries Co's Days Payable has ranged from 131.96 to 213.07. According to the industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #446 out of 2992 companies in the Industrial Products industry, placing it in the top 14.9%.
Is Shanghai Zhenhua Heavy Industries Co's Days Payable too high?
Shanghai Zhenhua Heavy Industries Co's current Days Payable of 210.11 is 19% above median its 10-year median of 176.44. Over the past 10 years, this metric has ranged from a low of 131.96 to a high of 213.07. The Industrial Products industry median Days Payable is 78.05. Shanghai Zhenhua Heavy Industries Co's value of 210.11 is 169.2% above this industry median. Based on the distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #446 out of 2992 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #446 out of 2992 companies for Days Payable. This places Shanghai Zhenhua Heavy Industries Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Shanghai Zhenhua Heavy Industries Co's value of 210.11 is 169.2% above this benchmark. Historically, Shanghai Zhenhua Heavy Industries Co's own Days Payable has ranged from 131.96 to 213.07 over the past decade. While the company's 10-year median is 176.44 vs. the industry median of 78.05, Shanghai Zhenhua Heavy Industries 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,992 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. Shanghai Zhenhua Heavy Industries Co's current Days Payable of 210.11 is 169.2% 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 Shanghai Zhenhua Heavy Industries Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhenhua Heavy Industries Co's current Days Payable is 210.11, which is 19% above median its own 10-year median of 176.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.61, compared to a current price of ¥4.14 — trading 10.2% below its estimated fair value. The current Days Payable is 210.11, which is 19% above median its 10-year median of 176.44 and 169.2% above the Industrial Products industry median of 78.05. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 78/100 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current Days Payable is 210.11 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued.
The current stock price of ¥4.14 is trading 10.2% below its estimated GF Value™ of ¥4.61.
GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Modestly Undervalued.
Key valuation signals for SHSE:600320:
Days Payable: 210.11 (19% above median its 10-year median of 176.44)
GF Value™: ¥4.61 vs. price of ¥4.14 (10.2% below fair value)
Industry Position: 169.2% above the Industrial Products median (#446 of 2992)
No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Zhenhua Heavy Industries Co Business Description
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
78GF Score
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