Sinoma International Engineering Co (SHSE:600970) Days Payable: 205.57 (As of Mar. 2026) — 49% Above Median

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SHSE:600970 Sinoma International Engineering Co Ltd SHSE:600970
82 GF Score
Price ¥7.71
GF Value ¥10.92
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sinoma International Engineering Co Days Payable?

Sinoma International Engineering Co SHSE:600970 -0.90% 82 Days Payable is 205.57 as of Mar. 2026, which is 49% above its 10-year median of 137.62. GuruFocus rates SHSE:600970 with a GF Score™ of 82/100 and a GF Value™ of ¥10.92 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,718 Construction companies, Sinoma International Engineering Co ranks better than 76.78% on this metric.

Sinoma International Engineering Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥17,894 Mil. Sinoma International Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥7,943 Mil. Hence, Sinoma International Engineering Co's Days Payable for the three months ended in Mar. 2026 was 205.57.

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

SHSE:600970' s Days Payable Range Over the Past 10 Years
Min: 116.78   Med: 137.62   Max: 158.98
Current: 158.98

During the past 13 years, Sinoma International Engineering Co's highest Days Payable was 158.98. The lowest was 116.78. And the median was 137.62.

SHSE:600970's Days Payable is ranked better than
76.78% of 1718 companies
in the Construction industry
Industry Median: 76.61 vs SHSE:600970: 158.98

Sinoma International Engineering Co's Days Payable increased from Mar. 2025 (181.74) to Mar. 2026 (205.57). It may suggest that Sinoma International Engineering Co delayed paying its suppliers.


Sinoma International Engineering Co Days Payable Related Terms


Sinoma International Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for Sinoma International Engineering 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.

Sinoma International Engineering Co Days Payable Chart

Sinoma International Engineering 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 118.86 118.89 133.48 154.19 157.65

Sinoma International Engineering 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 181.74 161.20 170.28 122.34 205.57

SHSE:600970 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Sinoma International Engineering 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.


Sinoma International Engineering Co Days Payable vs Construction Industry

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

* The bar in red indicates where Sinoma International Engineering Co's Days Payable falls into.


SHSE:600970
82GF Score
Sinoma International Engineering Co Ltd SHSE:600970
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinoma International Engineering 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.

Sinoma International Engineering 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
=( (16988.825 + 17929.036) / 2 ) / 40421.146*365
=17458.9305 / 40421.146*365
=157.65

Sinoma International Engineering 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
=( (17929.036 + 17859.763) / 2 ) / 7943.265*365 / 4
=17894.3995 / 7943.265*365 / 4
=205.57

* 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 205.57 mean?
Sinoma International Engineering Co (SHSE:600970) has a Days Payable of 205.57 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 Sinoma International Engineering Co and its competitors. This is 49% above median its historical median of 137.62. Over the past decade, Sinoma International Engineering Co's Days Payable has ranged from 116.78 to 158.98. According to the industry distribution chart, Sinoma International Engineering Co ranks #399 out of 1718 companies in the Construction industry, placing it in the top 23.2%.
Is Sinoma International Engineering Co's Days Payable too high?
Sinoma International Engineering Co's current Days Payable of 205.57 is 49% above median its 10-year median of 137.62. Over the past 10 years, this metric has ranged from a low of 116.78 to a high of 158.98. The Construction industry median Days Payable is 76.61. Sinoma International Engineering Co's value of 205.57 is 168.3% above this industry median. Based on the distribution chart, Sinoma International Engineering Co ranks #399 out of 1718 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Sinoma International Engineering Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinoma International Engineering Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Sinoma International Engineering Co ranks #399 out of 1718 companies for Days Payable. This places Sinoma International Engineering Co in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.61. Sinoma International Engineering Co's value of 205.57 is 168.3% above this benchmark. Historically, Sinoma International Engineering Co's own Days Payable has ranged from 116.78 to 158.98 over the past decade. While the company's 10-year median is 137.62 vs. the industry median of 76.61, Sinoma International Engineering 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 76.61, 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. Sinoma International Engineering Co's current Days Payable of 205.57 is 168.3% 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 Sinoma International Engineering Co and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinoma International Engineering Co's current Days Payable is 205.57, which is 49% above median its own 10-year median of 137.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinoma International Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Sinoma International Engineering Co (SHSE:600970) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.92, compared to a current price of ¥7.71 — trading 29.4% below its estimated fair value. The current Days Payable is 205.57, which is 49% above median its 10-year median of 137.62 and 168.3% above the Construction industry median of 76.61. Sinoma International Engineering Co's overall GF Score™ is 82/100 with 2 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 Sinoma International Engineering Co (SHSE:600970), the current Days Payable is 205.57 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 Sinoma International Engineering Co (SHSE:600970) Overvalued in 2026?

Based on GuruFocus' analysis, Sinoma International Engineering Co stock appears to be undervalued. The current stock price of ¥7.71 is trading 29.4% below its estimated GF Value™ of ¥10.92. GuruFocus considers Sinoma International Engineering Co to be Modestly Undervalued.

Key valuation signals for SHSE:600970:

  • Days Payable: 205.57 (49% above median its 10-year median of 137.62)
  • GF Value™: ¥10.92 vs. price of ¥7.71 (29.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 168.3% above the Construction median (#399 of 1718)

No single metric tells the full story. See the SHSE:600970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinoma International Engineering Co Business Description

Address No. 16, Wangjing North Road, Sinoma International Building, Chaoyang District, Beijing, CHN, 100102
Sinoma International Engineering Co Ltd is a supplier of the complete industry chain for cement engineering, offering full-line general contracting service, from engineering design, technology and equipment research & development, equipment manufacture and supply, civil construction, equipment installation and plant commissioning to operation & maintenance. The company's main business covers cement technology & equipment and engineering, integrating premium resources of technology, talent, management, and platform.
82GF Score

Get the complete analysis for SHSE:600970

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

¥7.71
Price
¥10.92
GF Value