Longjian Road & Bridge Co (SHSE:600853) Days Payable: 554.80 (As of Mar. 2026) — 172% Above Median

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SHSE:600853 Longjian Road & Bridge Co Ltd SHSE:600853
62 GF Score
Price ¥3.08
GF Value ¥3.91
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Longjian Road & Bridge Co Days Payable?

Longjian Road & Bridge Co SHSE:600853 -1.28% 62 Days Payable is 554.80 as of Mar. 2026, which is 172% above its 10-year median of 204.13. GuruFocus rates SHSE:600853 with a GF Score™ of 62/100 and a GF Value™ of ¥3.91 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,716 Construction companies, Longjian Road & Bridge Co ranks better than 83.74% on this metric.

Longjian Road & Bridge Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥9,667 Mil. Longjian Road & Bridge Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,590 Mil. Hence, Longjian Road & Bridge Co's Days Payable for the three months ended in Mar. 2026 was 554.80.

The historical rank and industry rank for Longjian Road & Bridge Co's Days Payable or its related term are showing as below:

SHSE:600853' s Days Payable Range Over the Past 10 Years
Min: 154.37   Med: 204.13   Max: 268.43
Current: 222.22

During the past 13 years, Longjian Road & Bridge Co's highest Days Payable was 268.43. The lowest was 154.37. And the median was 204.13.

SHSE:600853's Days Payable is ranked better than
83.74% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs SHSE:600853: 222.22

Longjian Road & Bridge Co's Days Payable declined from Mar. 2025 (590.03) to Mar. 2026 (554.80). It may suggest that Longjian Road & Bridge Co accelerated paying its suppliers.


Longjian Road & Bridge Co Days Payable Historical Data

* Premium members only.

The historical data trend for Longjian Road & Bridge 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.

Longjian Road & Bridge Co Days Payable Chart

Longjian Road & Bridge 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 205.09 199.67 239.14 261.52 268.43

Longjian Road & Bridge 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 590.03 297.49 178.09 154.83 554.80

SHSE:600853 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Longjian Road & Bridge 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.


Longjian Road & Bridge Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Longjian Road & Bridge Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Longjian Road & Bridge Co's Days Payable falls into.


SHSE:600853
62GF Score
Longjian Road & Bridge Co Ltd SHSE:600853
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Longjian Road & Bridge 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.

Longjian Road & Bridge 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
=( (11829.063 + 11069.624) / 2 ) / 15568.568*365
=11449.3435 / 15568.568*365
=268.43

Longjian Road & Bridge 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
=( (11069.624 + 8263.826) / 2 ) / 1589.921*365 / 4
=9666.725 / 1589.921*365 / 4
=554.80

* 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 554.80 mean?
Longjian Road & Bridge Co (SHSE:600853) has a Days Payable of 554.80 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 Longjian Road & Bridge Co and its competitors. This is 172% above median its historical median of 204.13. Over the past decade, Longjian Road & Bridge Co's Days Payable has ranged from 154.37 to 268.43. According to the industry distribution chart, Longjian Road & Bridge Co ranks #279 out of 1716 companies in the Construction industry, placing it in the top 16.3%.
Is Longjian Road & Bridge Co's Days Payable too high?
Longjian Road & Bridge Co's current Days Payable of 554.80 is 172% above median its 10-year median of 204.13. Over the past 10 years, this metric has ranged from a low of 154.37 to a high of 268.43. The Construction industry median Days Payable is 76.55. Longjian Road & Bridge Co's value of 554.80 is 624.8% above this industry median. Based on the distribution chart, Longjian Road & Bridge Co ranks #279 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Longjian Road & Bridge Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Longjian Road & Bridge Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Longjian Road & Bridge Co ranks #279 out of 1716 companies for Days Payable. This places Longjian Road & Bridge Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.55. Longjian Road & Bridge Co's value of 554.80 is 624.8% above this benchmark. Historically, Longjian Road & Bridge Co's own Days Payable has ranged from 154.37 to 268.43 over the past decade. While the company's 10-year median is 204.13 vs. the industry median of 76.55, Longjian Road & Bridge 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 76.55, based on 1,716 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. Longjian Road & Bridge Co's current Days Payable of 554.80 is 624.8% 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 Longjian Road & Bridge Co and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Longjian Road & Bridge Co's current Days Payable is 554.80, which is 172% above median its own 10-year median of 204.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Longjian Road & Bridge Co stock overvalued right now?
Based on GuruFocus' analysis, Longjian Road & Bridge Co (SHSE:600853) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.91, compared to a current price of ¥3.08 — trading 21.2% below its estimated fair value. The current Days Payable is 554.80, which is 172% above median its 10-year median of 204.13 and 624.8% above the Construction industry median of 76.55. Longjian Road & Bridge Co's overall GF Score™ is 62/100 with 7 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 Longjian Road & Bridge Co (SHSE:600853), the current Days Payable is 554.80 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 Longjian Road & Bridge Co (SHSE:600853) Overvalued in 2026?

Based on GuruFocus' analysis, Longjian Road & Bridge Co stock appears to be undervalued. The current stock price of ¥3.08 is trading 21.2% below its estimated GF Value™ of ¥3.91. GuruFocus considers Longjian Road & Bridge Co to be Modestly Undervalued.

Key valuation signals for SHSE:600853:

  • Days Payable: 554.80 (172% above median its 10-year median of 204.13)
  • GF Value™: ¥3.91 vs. price of ¥3.08 (21.2% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 624.8% above the Construction median (#279 of 1716)

No single metric tells the full story. See the SHSE:600853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Longjian Road & Bridge Co Business Description

Address No. 368, Changjiang Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150009
Longjian Road & Bridge Co Ltd is engaged in road and bridge construction. It is also involved in other businesses such as e-commerce platform for green and organic food, green energy resources, investment and trade, financial services, and others. The company's main business comprises of Road Engineering, Bridge Engineering, Municipal Engineering, Tunnel Engineering, Metro Engineering, Engineering Design, and Overseas Business. It provides its construction services to Bangladesh, Sudan, Kenya, Sri Lanka, India, Ethiopia, Surinam, Ghana, Uganda, Mongolia, and other countries.
62GF Score

Get the complete analysis for SHSE:600853

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

¥3.08
Price
¥3.91
GF Value