China Railway Hi-tech Industry (SHSE:600528) Days Payable: 351.01 (As of Mar. 2026) — 48% Above Median

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SHSE:600528 China Railway Hi-tech Industry Corp Ltd SHSE:600528
82 GF Score
Price ¥7.01
GF Value ¥7.98
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China Railway Hi-tech Industry Days Payable?

China Railway Hi-tech Industry SHSE:600528 +1.59% 82 Days Payable is 351.01 as of Mar. 2026, which is 48% above its 10-year median of 237.27. GuruFocus rates SHSE:600528 with a GF Score™ of 82/100 and a GF Value™ of ¥7.98 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,713 Construction companies, China Railway Hi-tech Industry ranks better than 90.31% on this metric.

China Railway Hi-tech Industry's average Accounts Payable for the three months ended in Mar. 2026 was ¥20,738 Mil. China Railway Hi-tech Industry's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥5,391 Mil. Hence, China Railway Hi-tech Industry's Days Payable for the three months ended in Mar. 2026 was 351.01.

The historical rank and industry rank for China Railway Hi-tech Industry's Days Payable or its related term are showing as below:

SHSE:600528' s Days Payable Range Over the Past 10 Years
Min: 144.58   Med: 237.27   Max: 351.81
Current: 338.9

During the past 13 years, China Railway Hi-tech Industry's highest Days Payable was 351.81. The lowest was 144.58. And the median was 237.27.

SHSE:600528's Days Payable is ranked better than
90.31% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs SHSE:600528: 338.90

China Railway Hi-tech Industry's Days Payable declined from Mar. 2025 (365.96) to Mar. 2026 (351.01). It may suggest that China Railway Hi-tech Industry accelerated paying its suppliers.


China Railway Hi-tech Industry Days Payable Historical Data

* Premium members only.

The historical data trend for China Railway Hi-tech Industry'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 Railway Hi-tech Industry Days Payable Chart

China Railway Hi-tech Industry 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 215.37 240.67 264.58 314.14 351.81

China Railway Hi-tech Industry 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 365.96 326.54 379.31 317.66 351.01

SHSE:600528 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, China Railway Hi-tech Industry'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 Railway Hi-tech Industry Days Payable vs Construction Industry

For the Construction industry and Industrials sector, China Railway Hi-tech Industry's Days Payable distribution charts can be found below:

* The bar in red indicates where China Railway Hi-tech Industry's Days Payable falls into.


SHSE:600528
82GF Score
China Railway Hi-tech Industry Corp Ltd SHSE:600528
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Railway Hi-tech Industry 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 Railway Hi-tech Industry'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
=( (21862.65 + 21518.272) / 2 ) / 22503.841*365
=21690.461 / 22503.841*365
=351.81

China Railway Hi-tech Industry'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
=( (21518.272 + 19958.62) / 2 ) / 5391.273*365 / 4
=20738.446 / 5391.273*365 / 4
=351.01

* 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 351.01 mean?
China Railway Hi-tech Industry (SHSE:600528) has a Days Payable of 351.01 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 Railway Hi-tech Industry and its competitors. This is 48% above median its historical median of 237.27. Over the past decade, China Railway Hi-tech Industry's Days Payable has ranged from 144.58 to 351.81. According to the industry distribution chart, China Railway Hi-tech Industry ranks #166 out of 1713 companies in the Construction industry, placing it in the top 9.7%.
Is China Railway Hi-tech Industry's Days Payable too high?
China Railway Hi-tech Industry's current Days Payable of 351.01 is 48% above median its 10-year median of 237.27. Over the past 10 years, this metric has ranged from a low of 144.58 to a high of 351.81. The Construction industry median Days Payable is 76.49. China Railway Hi-tech Industry's value of 351.01 is 358.9% above this industry median. Based on the distribution chart, China Railway Hi-tech Industry ranks #166 out of 1713 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, China Railway Hi-tech Industry has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Railway Hi-tech Industry's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, China Railway Hi-tech Industry ranks #166 out of 1713 companies for Days Payable. This places China Railway Hi-tech Industry in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.49. China Railway Hi-tech Industry's value of 351.01 is 358.9% above this benchmark. Historically, China Railway Hi-tech Industry's own Days Payable has ranged from 144.58 to 351.81 over the past decade. While the company's 10-year median is 237.27 vs. the industry median of 76.49, China Railway Hi-tech Industry 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 76.49, based on 1,713 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 Railway Hi-tech Industry's current Days Payable of 351.01 is 358.9% 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 Railway Hi-tech Industry and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Railway Hi-tech Industry's current Days Payable is 351.01, which is 48% above median its own 10-year median of 237.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Hi-tech Industry stock overvalued right now?
Based on GuruFocus' analysis, China Railway Hi-tech Industry (SHSE:600528) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.98, compared to a current price of ¥7.01 — trading 12.2% below its estimated fair value. The current Days Payable is 351.01, which is 48% above median its 10-year median of 237.27 and 358.9% above the Construction industry median of 76.49. China Railway Hi-tech Industry's overall GF Score™ is 82/100 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 China Railway Hi-tech Industry (SHSE:600528), the current Days Payable is 351.01 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 Railway Hi-tech Industry (SHSE:600528) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway Hi-tech Industry stock appears to be undervalued. The current stock price of ¥7.01 is trading 12.2% below its estimated GF Value™ of ¥7.98. GuruFocus considers China Railway Hi-tech Industry to be Modestly Undervalued.

Key valuation signals for SHSE:600528:

  • Days Payable: 351.01 (48% above median its 10-year median of 237.27)
  • GF Value™: ¥7.98 vs. price of ¥7.01 (12.2% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 358.9% above the Construction median (#166 of 1713)

No single metric tells the full story. See the SHSE:600528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Railway Hi-tech Industry Business Description

Address South Fourth Ring Road West, Building 11, Noord Center, Fengtai District, Beijing, CHN, 610031
China Railway Hi-tech Industry Corp Ltd is engaged in the construction of railway projects, housing, road works and municipal public works.
82GF Score

Get the complete analysis for SHSE:600528

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

¥7.01
Price
¥7.98
GF Value