Hunan Chendian International Development Co (SHSE:600969) Days Payable: 132.36 (As of Mar. 2026) — 251% Above Median

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SHSE:600969 Hunan Chendian International Development Co Ltd SHSE:600969
68 GF Score
Price ¥8.09
GF Value ¥7.12
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hunan Chendian International Development Co Days Payable?

Hunan Chendian International Development Co SHSE:600969 +3.06% 68 Days Payable is 132.36 as of Mar. 2026, which is 251% above its 10-year median of 37.74. GuruFocus rates SHSE:600969 with a GF Score™ of 68/100 and a GF Value™ of ¥7.12 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 482 Utilities - Regulated companies, Hunan Chendian International Development Co ranks better than 70.33% on this metric.

Hunan Chendian International Development Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥1,445 Mil. Hunan Chendian International Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥996 Mil. Hence, Hunan Chendian International Development Co's Days Payable for the three months ended in Mar. 2026 was 132.36.

The historical rank and industry rank for Hunan Chendian International Development Co's Days Payable or its related term are showing as below:

SHSE:600969' s Days Payable Range Over the Past 10 Years
Min: 29.81   Med: 37.74   Max: 114.78
Current: 114.78

During the past 13 years, Hunan Chendian International Development Co's highest Days Payable was 114.78. The lowest was 29.81. And the median was 37.74.

SHSE:600969's Days Payable is ranked better than
70.33% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.105 vs SHSE:600969: 114.78

Hunan Chendian International Development Co's Days Payable increased from Mar. 2025 (83.12) to Mar. 2026 (132.36). It may suggest that Hunan Chendian International Development Co delayed paying its suppliers.


Hunan Chendian International Development Co Days Payable Related Terms


Hunan Chendian International Development Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hunan Chendian International Development 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.

Hunan Chendian International Development Co Days Payable Chart

Hunan Chendian International Development 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 36.29 52.94 75.19 79.32 109.35

Hunan Chendian International Development 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 83.12 97.65 102.73 126.23 132.36

SHSE:600969 vs SRE, AES: Days Payable Comparison

For the Utilities - Diversified subindustry, Hunan Chendian International Development 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.


Hunan Chendian International Development Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hunan Chendian International Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Chendian International Development Co's Days Payable falls into.


SHSE:600969
68GF Score
Hunan Chendian International Development Co Ltd SHSE:600969
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hunan Chendian International Development 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.

Hunan Chendian International Development 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
=( (858.854 + 1391.287) / 2 ) / 3755.391*365
=1125.0705 / 3755.391*365
=109.35

Hunan Chendian International Development 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
=( (1391.287 + 1497.858) / 2 ) / 995.926*365 / 4
=1444.5725 / 995.926*365 / 4
=132.36

* 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 132.36 mean?
Hunan Chendian International Development Co (SHSE:600969) has a Days Payable of 132.36 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 Hunan Chendian International Development Co and its competitors. This is 251% above median its historical median of 37.74. Over the past decade, Hunan Chendian International Development Co's Days Payable has ranged from 29.81 to 114.78. According to the industry distribution chart, Hunan Chendian International Development Co ranks #143 out of 482 companies in the Utilities - Regulated industry, placing it in the top 29.7%.
Is Hunan Chendian International Development Co's Days Payable too high?
Hunan Chendian International Development Co's current Days Payable of 132.36 is 251% above median its 10-year median of 37.74. Over the past 10 years, this metric has ranged from a low of 29.81 to a high of 114.78. The Utilities - Regulated industry median Days Payable is 70.11. Hunan Chendian International Development Co's value of 132.36 is 88.8% above this industry median. Based on the distribution chart, Hunan Chendian International Development Co ranks #143 out of 482 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hunan Chendian International Development Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Chendian International Development Co's Days Payable compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Hunan Chendian International Development Co ranks #143 out of 482 companies for Days Payable. This puts Hunan Chendian International Development Co in the upper half of its industry. The industry median Days Payable is 70.11. Hunan Chendian International Development Co's value of 132.36 is 88.8% above this benchmark. Historically, Hunan Chendian International Development Co's own Days Payable has ranged from 29.81 to 114.78 over the past decade. While the company's 10-year median is 37.74 vs. the industry median of 70.11, Hunan Chendian International Development 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 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. Hunan Chendian International Development Co's current Days Payable of 132.36 is 88.8% 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 Hunan Chendian International Development Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Chendian International Development Co's current Days Payable is 132.36, which is 251% above median its own 10-year median of 37.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Chendian International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Chendian International Development Co (SHSE:600969) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.12, compared to a current price of ¥8.09 — trading 13.6% above its estimated fair value. The current Days Payable is 132.36, which is 251% above median its 10-year median of 37.74 and 88.8% above the Utilities - Regulated industry median of 70.11. Hunan Chendian International Development Co's overall GF Score™ is 68/100 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 Hunan Chendian International Development Co (SHSE:600969), the current Days Payable is 132.36 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 Hunan Chendian International Development Co (SHSE:600969) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan Chendian International Development Co stock appears to be overvalued. The current stock price of ¥8.09 is trading 13.6% above its estimated GF Value™ of ¥7.12. GuruFocus considers Hunan Chendian International Development Co to be Modestly Overvalued.

Key valuation signals for SHSE:600969:

  • Days Payable: 132.36 (251% above median its 10-year median of 37.74)
  • GF Value™: ¥7.12 vs. price of ¥8.09 (13.6% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 88.8% above the Utilities - Regulated median (#143 of 482)

No single metric tells the full story. See the SHSE:600969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hunan Chendian International Development Co Business Description

Address Wanuo Building, No. 5 Youth Avenue, Hunan Province, Quzhou, CHN, 423000
Hunan Chendian International Development Co Ltd is a China-based company. Its business activities are divided into five divisions including Power supply business that purchases electricity from hydropower, power grid and China Southern Power Grid in the power supply area, and sells electricity to terminal power users through its transmission and power-distribution network, Water supply business mainly produces and sells tap water, Industrial gases provide gas supply services for large and medium-sized steel enterprises., Hydropower development is engaged in investment development and operation management of hydropower stations, and Sewage treatment invests in construction of operating sewage.
68GF Score

Get the complete analysis for SHSE:600969

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

¥8.09
Price
¥7.12
GF Value