Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Days Payable: 329.48 (As of Mar. 2026) — 72% Above Median


SHSE:600348 Shan Xi Hua Yang Group New Energy Co Ltd SHSE:600348
73 GF Score
Price ¥8.51
GF Value ¥6.25
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shan Xi Hua Yang Group New Energy Co Days Payable?

Shan Xi Hua Yang Group New Energy Co SHSE:600348 +4.03% 73 Days Payable is 329.48 as of Mar. 2026, which is 72% above its 10-year median of 191.63. GuruFocus rates SHSE:600348 with a GF Score™ of 73/100 and a GF Value™ of ¥6.25 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 128 Other Energy Sources companies, Shan Xi Hua Yang Group New Energy Co ranks better than 85.16% on this metric.

Shan Xi Hua Yang Group New Energy Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥10,438 Mil. Shan Xi Hua Yang Group New Energy Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,891 Mil. Hence, Shan Xi Hua Yang Group New Energy Co's Days Payable for the three months ended in Mar. 2026 was 329.48.

The historical rank and industry rank for Shan Xi Hua Yang Group New Energy Co's Days Payable or its related term are showing as below:

SHSE:600348' s Days Payable Range Over the Past 10 Years
Min: 120.54   Med: 191.63   Max: 342.37
Current: 302.24

During the past 13 years, Shan Xi Hua Yang Group New Energy Co's highest Days Payable was 342.37. The lowest was 120.54. And the median was 191.63.

SHSE:600348's Days Payable is ranked better than
85.16% of 128 companies
in the Other Energy Sources industry
Industry Median: 66.315 vs SHSE:600348: 302.24

Shan Xi Hua Yang Group New Energy Co's Days Payable increased from Mar. 2025 (278.84) to Mar. 2026 (329.48). It may suggest that Shan Xi Hua Yang Group New Energy Co delayed paying its suppliers.


Shan Xi Hua Yang Group New Energy Co Days Payable Related Terms


Shan Xi Hua Yang Group New Energy Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shan Xi Hua Yang Group New 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.

Shan Xi Hua Yang Group New Energy Co Days Payable Chart

Shan Xi Hua Yang Group New Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.83 222.51 260.20 265.14 342.37

Shan Xi Hua Yang Group New Energy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 278.84 241.18 230.69 576.55 329.48

Shan Xi Hua Yang Group New Energy Co Days Payable Competitor Comparison

For the Thermal Coal subindustry, Shan Xi Hua Yang Group New 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.


Shan Xi Hua Yang Group New Energy Co Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's Days Payable falls into.


SHSE:600348
73GF Score
Shan Xi Hua Yang Group New Energy Co Ltd SHSE:600348
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shan Xi Hua Yang Group New Energy 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.

Shan Xi Hua Yang Group New Energy Co'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
=( (12499.779 + 11859.127) / 2 ) / 12984.313*365
=12179.453 / 12984.313*365
=342.37

Shan Xi Hua Yang Group New Energy Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (11859.127 + 9016.306) / 2 ) / 2890.776*365 / 4
=10437.7165 / 2890.776*365 / 4
=329.48

* 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 329.48 mean?
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) has a Days Payable of 329.48 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 Shan Xi Hua Yang Group New Energy Co and its competitors. This is 72% above median its historical median of 191.63. Over the past decade, Shan Xi Hua Yang Group New Energy Co's Days Payable has ranged from 120.54 to 342.37. According to the industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #19 out of 128 companies in the Other Energy Sources industry, placing it in the top 14.8%.
Is Shan Xi Hua Yang Group New Energy Co's Days Payable too high?
Shan Xi Hua Yang Group New Energy Co's current Days Payable of 329.48 is 72% above median its 10-year median of 191.63. Over the past 10 years, this metric has ranged from a low of 120.54 to a high of 342.37. The Other Energy Sources industry median Days Payable is 66.32. Shan Xi Hua Yang Group New Energy Co's value of 329.48 is 396.8% above this industry median. Based on the distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #19 out of 128 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Shan Xi Hua Yang Group New Energy Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shan Xi Hua Yang Group New Energy Co's Days Payable compare to competitors?
According to the Other Energy Sources industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #19 out of 128 companies for Days Payable. This places Shan Xi Hua Yang Group New Energy Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.32. Shan Xi Hua Yang Group New Energy Co's value of 329.48 is 396.8% above this benchmark. Historically, Shan Xi Hua Yang Group New Energy Co's own Days Payable has ranged from 120.54 to 342.37 over the past decade. While the company's 10-year median is 191.63 vs. the industry median of 66.32, Shan Xi Hua Yang Group New 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 Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 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. Shan Xi Hua Yang Group New Energy Co's current Days Payable of 329.48 is 396.8% 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 Shan Xi Hua Yang Group New Energy Co and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shan Xi Hua Yang Group New Energy Co's current Days Payable is 329.48, which is 72% above median its own 10-year median of 191.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shan Xi Hua Yang Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co (SHSE:600348) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.25, compared to a current price of ¥8.51 — trading 36.2% above its estimated fair value. The current Days Payable is 329.48, which is 72% above median its 10-year median of 191.63 and 396.8% above the Other Energy Sources industry median of 66.32. Shan Xi Hua Yang Group New Energy Co's overall GF Score™ is 73/100 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348), the current Days Payable is 329.48 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Overvalued in 2026?

Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co stock appears to be overvalued. The current stock price of ¥8.51 is trading 36.2% above its estimated GF Value™ of ¥6.25. GuruFocus considers Shan Xi Hua Yang Group New Energy Co to be Significantly Overvalued.

Key valuation signals for SHSE:600348:

  • Days Payable: 329.48 (72% above median its 10-year median of 191.63)
  • GF Value™: ¥6.25 vs. price of ¥8.51 (36.2% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 396.8% above the Other Energy Sources median (#19 of 128)

No single metric tells the full story. See the SHSE:600348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shan Xi Hua Yang Group New Energy Co Business Description

Address No. 2, Taobei West Street, Kuang-qu, Shanxi Province, Yangquan, CHN, 045008
Shan Xi Hua Yang Group New Energy Co Ltd is mainly engaged in coal mining, processing, and distribution, as well as power generation and heat supply. The company mainly produces smokeless coal, which is widely applied across various sectors including power generation, fertilizer manufacturing, metallurgy, machinery, and construction materials. Its power supply business serves both industrial operations and household consumption, while its heating services support industrial processes and urban residential heating needs.
73GF Score

Get the complete analysis for SHSE:600348

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

¥8.51
Price
¥6.25
GF Value