Jiangsu Soho High Hope Group (SHSE:600981) Days Payable: 28.01 (As of Mar. 2026) — 15% Below Median

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SHSE:600981 Jiangsu Soho High Hope Group Corp SHSE:600981
65 GF Score
Price ¥2.24
GF Value ¥3.07
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jiangsu Soho High Hope Group Days Payable?

Jiangsu Soho High Hope Group SHSE:600981 -3.03% 65 Days Payable is 28.01 as of Mar. 2026, which is 15% below its 10-year median of 33.13. GuruFocus rates SHSE:600981 with a GF Score™ of 65/100 and a GF Value™ of ¥3.07 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 509 Conglomerates companies, Jiangsu Soho High Hope Group ranks worse than 88.21% on this metric.

Jiangsu Soho High Hope Group's average Accounts Payable for the three months ended in Mar. 2026 was ¥3,839 Mil. Jiangsu Soho High Hope Group's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥12,505 Mil. Hence, Jiangsu Soho High Hope Group's Days Payable for the three months ended in Mar. 2026 was 28.01.

The historical rank and industry rank for Jiangsu Soho High Hope Group's Days Payable or its related term are showing as below:

SHSE:600981' s Days Payable Range Over the Past 10 Years
Min: 22.12   Med: 33.13   Max: 51.12
Current: 23.47

During the past 13 years, Jiangsu Soho High Hope Group's highest Days Payable was 51.12. The lowest was 22.12. And the median was 33.13.

SHSE:600981's Days Payable is ranked worse than
88.21% of 509 companies
in the Conglomerates industry
Industry Median: 56.18 vs SHSE:600981: 23.47

Jiangsu Soho High Hope Group's Days Payable declined from Mar. 2025 (31.11) to Mar. 2026 (28.01). It may suggest that Jiangsu Soho High Hope Group accelerated paying its suppliers.


Jiangsu Soho High Hope Group Days Payable Historical Data

* Premium members only.

The historical data trend for Jiangsu Soho High Hope Group'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.

Jiangsu Soho High Hope Group Days Payable Chart

Jiangsu Soho High Hope Group 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 27.83 22.69 22.12 23.83 25.36

Jiangsu Soho High Hope Group 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 31.11 23.52 22.51 19.56 28.01

SHSE:600981 vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Jiangsu Soho High Hope Group'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.


Jiangsu Soho High Hope Group Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jiangsu Soho High Hope Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Soho High Hope Group's Days Payable falls into.


SHSE:600981
65GF Score
Jiangsu Soho High Hope Group Corp SHSE:600981
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Soho High Hope Group 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.

Jiangsu Soho High Hope Group'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
=( (3775.78 + 3679.884) / 2 ) / 53657.536*365
=3727.832 / 53657.536*365
=25.36

Jiangsu Soho High Hope Group'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
=( (3679.884 + 3998.182) / 2 ) / 12505.326*365 / 4
=3839.033 / 12505.326*365 / 4
=28.01

* 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 28.01 mean?
Jiangsu Soho High Hope Group (SHSE:600981) has a Days Payable of 28.01 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 Jiangsu Soho High Hope Group and its competitors. This is 15% below median its historical median of 33.13. Over the past decade, Jiangsu Soho High Hope Group's Days Payable has ranged from 22.12 to 51.12. According to the industry distribution chart, Jiangsu Soho High Hope Group ranks #449 out of 509 companies in the Conglomerates industry, placing it in the top 88.2%.
Is Jiangsu Soho High Hope Group's Days Payable too high?
Jiangsu Soho High Hope Group's current Days Payable of 28.01 is 15% below median its 10-year median of 33.13. Over the past 10 years, this metric has ranged from a low of 22.12 to a high of 51.12. The Conglomerates industry median Days Payable is 56.18. Jiangsu Soho High Hope Group's value of 28.01 is 50.1% below this industry median. Based on the distribution chart, Jiangsu Soho High Hope Group ranks #449 out of 509 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Soho High Hope Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Soho High Hope Group's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Jiangsu Soho High Hope Group ranks #449 out of 509 companies for Days Payable. This places Jiangsu Soho High Hope Group in the lower half of its industry. The industry median Days Payable is 56.18. Jiangsu Soho High Hope Group's value of 28.01 is 50.1% below this benchmark. Historically, Jiangsu Soho High Hope Group's own Days Payable has ranged from 22.12 to 51.12 over the past decade. While the company's 10-year median is 33.13 vs. the industry median of 56.18, Jiangsu Soho High Hope Group has consistently been below 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.18, based on 509 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. Jiangsu Soho High Hope Group's current Days Payable of 28.01 is 50.1% below 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 Jiangsu Soho High Hope Group and its competitors. For the Conglomerates industry, the median Days Payable is 56.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Soho High Hope Group's current Days Payable is 28.01, which is 15% below median its own 10-year median of 33.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Soho High Hope Group stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Soho High Hope Group (SHSE:600981) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.07, compared to a current price of ¥2.24 — trading 27% below its estimated fair value. The current Days Payable is 28.01, which is 15% below median its 10-year median of 33.13 and 50.1% below the Conglomerates industry median of 56.18. Jiangsu Soho High Hope Group's overall GF Score™ is 65/100 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 Jiangsu Soho High Hope Group (SHSE:600981), the current Days Payable is 28.01 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 Jiangsu Soho High Hope Group (SHSE:600981) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Soho High Hope Group stock appears to be undervalued. The current stock price of ¥2.24 is trading 27% below its estimated GF Value™ of ¥3.07. GuruFocus considers Jiangsu Soho High Hope Group to be Modestly Undervalued.

Key valuation signals for SHSE:600981:

  • Days Payable: 28.01 (15% below median its 10-year median of 33.13)
  • GF Value™: ¥3.07 vs. price of ¥2.24 (27% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 50.1% below the Conglomerates median (#449 of 509)

No single metric tells the full story. See the SHSE:600981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Soho High Hope Group Business Description

Address No. 91 Baiye Road, High Hope Mansion, Nanjing, CHN, 210002
Jiangsu Soho High Hope Group Corp specializes in international trade, logistics, investment, real estate, and financial services.
65GF Score

Get the complete analysis for SHSE:600981

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

¥2.24
Price
¥3.07
GF Value