Tengda Construction Group Co (SHSE:600512) Days Payable: 413.54 (As of Jun. 2026) — 158% Above Median

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SHSE:600512 Tengda Construction Group Co Ltd SHSE:600512
56 GF Score
Price ¥2.09
GF Value ¥2.64
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tengda Construction Group Co Days Payable?

Tengda Construction Group Co SHSE:600512 56 Days Payable is 413.54 as of Jun. 2026, which is 158% above its 10-year median of 160.05. GuruFocus rates SHSE:600512 with a GF Score™ of 56/100 and a GF Value™ of ¥2.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,718 Construction companies, Tengda Construction Group Co ranks better than 84.75% on this metric.

Tengda Construction Group Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥2,880 Mil. Tengda Construction Group Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥635 Mil. Hence, Tengda Construction Group Co's Days Payable for the three months ended in Jun. 2026 was 413.54.

The historical rank and industry rank for Tengda Construction Group Co's Days Payable or its related term are showing as below:

SHSE:600512' s Days Payable Range Over the Past 10 Years
Min: 112.75   Med: 160.05   Max: 324.92
Current: 250.57

During the past 13 years, Tengda Construction Group Co's highest Days Payable was 324.92. The lowest was 112.75. And the median was 160.05.

SHSE:600512's Days Payable is ranked better than
84.75% of 1718 companies
in the Construction industry
Industry Median: 76.81 vs SHSE:600512: 250.57

Tengda Construction Group Co's Days Payable increased from Jun. 2025 (286.31) to Jun. 2026 (413.54). It may suggest that Tengda Construction Group Co delayed paying its suppliers.


Tengda Construction Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tengda Construction Group 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.

Tengda Construction Group Co Days Payable Chart

Tengda Construction Group 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 145.00 197.45 299.77 324.92 261.71

Tengda Construction Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 286.31 290.76 136.66 393.88 413.54

SHSE:600512 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Tengda Construction Group 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.


Tengda Construction Group Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Tengda Construction Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tengda Construction Group Co's Days Payable falls into.


SHSE:600512
56GF Score
Tengda Construction Group Co Ltd SHSE:600512
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tengda Construction Group 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.

Tengda Construction Group 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
=( (2841.788 + 3304.123) / 2 ) / 4285.759*365
=3072.9555 / 4285.759*365
=261.71

Tengda Construction Group Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (2967.419 + 2791.633) / 2 ) / 635.381*365 / 4
=2879.526 / 635.381*365 / 4
=413.54

* 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 413.54 mean?
Tengda Construction Group Co (SHSE:600512) has a Days Payable of 413.54 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tengda Construction Group Co and its competitors. This is 158% above median its historical median of 160.05. Over the past decade, Tengda Construction Group Co's Days Payable has ranged from 112.75 to 324.92. According to the industry distribution chart, Tengda Construction Group Co ranks #262 out of 1718 companies in the Construction industry, placing it in the top 15.3%.
Is Tengda Construction Group Co's Days Payable too high?
Tengda Construction Group Co's current Days Payable of 413.54 is 158% above median its 10-year median of 160.05. Over the past 10 years, this metric has ranged from a low of 112.75 to a high of 324.92. The Construction industry median Days Payable is 76.81. Tengda Construction Group Co's value of 413.54 is 438.4% above this industry median. Based on the distribution chart, Tengda Construction Group Co ranks #262 out of 1718 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tengda Construction Group Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tengda Construction Group Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Tengda Construction Group Co ranks #262 out of 1718 companies for Days Payable. This places Tengda Construction Group Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.81. Tengda Construction Group Co's value of 413.54 is 438.4% above this benchmark. Historically, Tengda Construction Group Co's own Days Payable has ranged from 112.75 to 324.92 over the past decade. While the company's 10-year median is 160.05 vs. the industry median of 76.81, Tengda Construction Group 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 a Construction company?
The median Days Payable among Construction companies is 76.81, based on 1,718 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. Tengda Construction Group Co's current Days Payable of 413.54 is 438.4% 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 Tengda Construction Group Co and its competitors. For the Construction industry, the median Days Payable is 76.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tengda Construction Group Co's current Days Payable is 413.54, which is 158% above median its own 10-year median of 160.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tengda Construction Group Co stock overvalued right now?
Based on GuruFocus' analysis, Tengda Construction Group Co (SHSE:600512) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.64, compared to a current price of ¥2.09 — trading 20.8% below its estimated fair value. The current Days Payable is 413.54, which is 158% above median its 10-year median of 160.05 and 438.4% above the Construction industry median of 76.81. Tengda Construction Group Co's overall GF Score™ is 56/100 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 Tengda Construction Group Co (SHSE:600512), the current Days Payable is 413.54 as of Jun. 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 Tengda Construction Group Co (SHSE:600512) Overvalued in 2026?

Based on GuruFocus' analysis, Tengda Construction Group Co stock appears to be undervalued. The current stock price of ¥2.09 is trading 20.8% below its estimated GF Value™ of ¥2.64. GuruFocus considers Tengda Construction Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600512:

  • Days Payable: 413.54 (158% above median its 10-year median of 160.05)
  • GF Value™: ¥2.64 vs. price of ¥2.09 (20.8% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 438.4% above the Construction median (#262 of 1718)

No single metric tells the full story. See the SHSE:600512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tengda Construction Group Co Business Description

Address No. 1 Luqiao Avenue East, Luqiao District, Taizhou, Zhejiang, CHN, 318050
Tengda Construction Group Co Ltd is a China-based company engaged in construction engineering and operation of railways, roads, and bridges. It is mainly engaged in urban roads, bridges, elevated roads, rail transit, sewage treatment, highways, housing construction and other projects. The company conducts its businesses primarily in domestic markets.
56GF Score

Get the complete analysis for SHSE:600512

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

¥2.09
Price
¥2.64
GF Value