China Shipbuilding Industry Group Power Co (SHSE:600482) Days Payable: 155.24 (As of Mar. 2026) — 14% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:600482 China Shipbuilding Industry Group Power Co Ltd SHSE:600482
88 GF Score
Price ¥30.67
GF Value ¥26.77
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is China Shipbuilding Industry Group Power Co Days Payable?

China Shipbuilding Industry Group Power Co SHSE:600482 -2.57% 88 Days Payable is 155.24 as of Mar. 2026, which is 14% above its 10-year median of 136.54. GuruFocus rates SHSE:600482 with a GF Score™ of 88/100 and a GF Value™ of ¥26.77 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,992 Industrial Products companies, China Shipbuilding Industry Group Power Co ranks better than 73.76% on this metric.

China Shipbuilding Industry Group Power Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥17,742 Mil. China Shipbuilding Industry Group Power Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥10,428 Mil. Hence, China Shipbuilding Industry Group Power Co's Days Payable for the three months ended in Mar. 2026 was 155.24.

The historical rank and industry rank for China Shipbuilding Industry Group Power Co's Days Payable or its related term are showing as below:

SHSE:600482' s Days Payable Range Over the Past 10 Years
Min: 96.28   Med: 136.54   Max: 150.13
Current: 140.67

During the past 13 years, China Shipbuilding Industry Group Power Co's highest Days Payable was 150.13. The lowest was 96.28. And the median was 136.54.

SHSE:600482's Days Payable is ranked better than
73.76% of 2992 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:600482: 140.67

China Shipbuilding Industry Group Power Co's Days Payable declined from Mar. 2025 (164.87) to Mar. 2026 (155.24). It may suggest that China Shipbuilding Industry Group Power Co accelerated paying its suppliers.


China Shipbuilding Industry Group Power Co Days Payable Related Terms


China Shipbuilding Industry Group Power Co Days Payable Historical Data

* Premium members only.

The historical data trend for China Shipbuilding Industry Group Power 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.

China Shipbuilding Industry Group Power Co Days Payable Chart

China Shipbuilding Industry Group Power 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 137.54 150.13 144.73 148.94 135.53

China Shipbuilding Industry Group Power 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 164.87 138.28 156.58 118.54 155.24

SHSE:600482 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, China Shipbuilding Industry Group Power 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.


China Shipbuilding Industry Group Power Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Shipbuilding Industry Group Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Shipbuilding Industry Group Power Co's Days Payable falls into.


SHSE:600482
88GF Score
China Shipbuilding Industry Group Power Co Ltd SHSE:600482
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Shipbuilding Industry Group Power 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.

China Shipbuilding Industry Group Power 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
=( (18849.618 + 16821.446) / 2 ) / 48031.816*365
=17835.532 / 48031.816*365
=135.53

China Shipbuilding Industry Group Power 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
=( (16821.446 + 18662.012) / 2 ) / 10428.286*365 / 4
=17741.729 / 10428.286*365 / 4
=155.24

* 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 155.24 mean?
China Shipbuilding Industry Group Power Co (SHSE:600482) has a Days Payable of 155.24 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 China Shipbuilding Industry Group Power Co and its competitors. This is 14% above median its historical median of 136.54. Over the past decade, China Shipbuilding Industry Group Power Co's Days Payable has ranged from 96.28 to 150.13. According to the industry distribution chart, China Shipbuilding Industry Group Power Co ranks #785 out of 2992 companies in the Industrial Products industry, placing it in the top 26.2%.
Is China Shipbuilding Industry Group Power Co's Days Payable too high?
China Shipbuilding Industry Group Power Co's current Days Payable of 155.24 is 14% above median its 10-year median of 136.54. Over the past 10 years, this metric has ranged from a low of 96.28 to a high of 150.13. The Industrial Products industry median Days Payable is 78.05. China Shipbuilding Industry Group Power Co's value of 155.24 is 98.9% above this industry median. Based on the distribution chart, China Shipbuilding Industry Group Power Co ranks #785 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, China Shipbuilding Industry Group Power Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Shipbuilding Industry Group Power Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, China Shipbuilding Industry Group Power Co ranks #785 out of 2992 companies for Days Payable. This puts China Shipbuilding Industry Group Power Co in the upper half of its industry. The industry median Days Payable is 78.05. China Shipbuilding Industry Group Power Co's value of 155.24 is 98.9% above this benchmark. Historically, China Shipbuilding Industry Group Power Co's own Days Payable has ranged from 96.28 to 150.13 over the past decade. While the company's 10-year median is 136.54 vs. the industry median of 78.05, China Shipbuilding Industry Group Power 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. China Shipbuilding Industry Group Power Co's current Days Payable of 155.24 is 98.9% 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 China Shipbuilding Industry Group Power 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. China Shipbuilding Industry Group Power Co's current Days Payable is 155.24, which is 14% above median its own 10-year median of 136.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Shipbuilding Industry Group Power Co stock overvalued right now?
Based on GuruFocus' analysis, China Shipbuilding Industry Group Power Co (SHSE:600482) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥26.77, compared to a current price of ¥30.67 — trading 14.6% above its estimated fair value. The current Days Payable is 155.24, which is 14% above median its 10-year median of 136.54 and 98.9% above the Industrial Products industry median of 78.05. China Shipbuilding Industry Group Power Co's overall GF Score™ is 88/100 with 3 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 China Shipbuilding Industry Group Power Co (SHSE:600482), the current Days Payable is 155.24 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 China Shipbuilding Industry Group Power Co (SHSE:600482) Overvalued in 2026?

Based on GuruFocus' analysis, China Shipbuilding Industry Group Power Co stock appears to be overvalued. The current stock price of ¥30.67 is trading 14.6% above its estimated GF Value™ of ¥26.77. GuruFocus considers China Shipbuilding Industry Group Power Co to be Modestly Overvalued.

Key valuation signals for SHSE:600482:

  • Days Payable: 155.24 (14% above median its 10-year median of 136.54)
  • GF Value™: ¥26.77 vs. price of ¥30.67 (14.6% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 98.9% above the Industrial Products median (#785 of 2992)

No single metric tells the full story. See the SHSE:600482 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Shipbuilding Industry Group Power Co Business Description

Address Number 8 Fuchang Road, Hebei, Baoding, CHN, 071057
China Shipbuilding Industry Group Power Co Ltd is engaged in manufacturing and supplying power equipment in China and internationally. Its products include diesel engine, gas, steam, heat engine, electric, chemical, marine nuclear, other power equipment, as well as related auxiliary machinery. The company's products are used in automobiles, ships and marine engineering, engineering, machinery, and land-use power plants, as well as petrochemical, civil nuclear power, distributed energy, and other industries.
88GF Score

Get the complete analysis for SHSE:600482

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

¥30.67
Price
¥26.77
GF Value