Ningxia Baofeng Energy Group Co (SHSE:600989) Days Payable: 25.44 (As of Mar. 2026) — 28% Below Median

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SHSE:600989 Ningxia Baofeng Energy Group Co Ltd SHSE:600989
92 GF Score
Price ¥22.07
GF Value ¥26.93
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ningxia Baofeng Energy Group Co Days Payable?

Ningxia Baofeng Energy Group Co SHSE:600989 +6.52% 92 Days Payable is 25.44 as of Mar. 2026, which is 28% below its 10-year median of 35.32. GuruFocus rates SHSE:600989 with a GF Score™ of 92/100 and a GF Value™ of ¥26.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,552 Chemicals companies, Ningxia Baofeng Energy Group Co ranks worse than 89.3% on this metric.

Ningxia Baofeng Energy Group Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,310 Mil. Ningxia Baofeng Energy Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥8,286 Mil. Hence, Ningxia Baofeng Energy Group Co's Days Payable for the three months ended in Mar. 2026 was 25.44.

The historical rank and industry rank for Ningxia Baofeng Energy Group Co's Days Payable or its related term are showing as below:

SHSE:600989' s Days Payable Range Over the Past 10 Years
Min: 21.27   Med: 35.32   Max: 219.93
Current: 21.27

During the past 13 years, Ningxia Baofeng Energy Group Co's highest Days Payable was 219.93. The lowest was 21.27. And the median was 35.32.

SHSE:600989's Days Payable is ranked worse than
89.3% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs SHSE:600989: 21.27

Ningxia Baofeng Energy Group Co's Days Payable increased from Mar. 2025 (18.51) to Mar. 2026 (25.44). It may suggest that Ningxia Baofeng Energy Group Co delayed paying its suppliers.


Ningxia Baofeng Energy Group Co Days Payable Related Terms


Ningxia Baofeng Energy Group Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ningxia Baofeng Energy Group 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.

Ningxia Baofeng Energy Group Co Days Payable Chart

Ningxia Baofeng Energy Group 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 22.53 24.60 32.64 28.45 23.11

Ningxia Baofeng Energy Group 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 18.51 17.69 19.76 22.78 25.44

SHSE:600989 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Ningxia Baofeng Energy Group 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.


Ningxia Baofeng Energy Group Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningxia Baofeng Energy Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningxia Baofeng Energy Group Co's Days Payable falls into.


SHSE:600989
92GF Score
Ningxia Baofeng Energy Group Co Ltd SHSE:600989
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningxia Baofeng Energy Group 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.

Ningxia Baofeng Energy Group 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
=( (1489.154 + 2409.435) / 2 ) / 30784.449*365
=1949.2945 / 30784.449*365
=23.11

Ningxia Baofeng Energy Group 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
=( (2409.435 + 2210.983) / 2 ) / 8285.655*365 / 4
=2310.209 / 8285.655*365 / 4
=25.44

* 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 25.44 mean?
Ningxia Baofeng Energy Group Co (SHSE:600989) has a Days Payable of 25.44 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 Ningxia Baofeng Energy Group Co and its competitors. This is 28% below median its historical median of 35.32. Over the past decade, Ningxia Baofeng Energy Group Co's Days Payable has ranged from 21.27 to 219.93. According to the industry distribution chart, Ningxia Baofeng Energy Group Co ranks #1386 out of 1552 companies in the Chemicals industry, placing it in the top 89.3%.
Is Ningxia Baofeng Energy Group Co's Days Payable too high?
Ningxia Baofeng Energy Group Co's current Days Payable of 25.44 is 28% below median its 10-year median of 35.32. Over the past 10 years, this metric has ranged from a low of 21.27 to a high of 219.93. The Chemicals industry median Days Payable is 59.65. Ningxia Baofeng Energy Group Co's value of 25.44 is 57.3% below this industry median. Based on the distribution chart, Ningxia Baofeng Energy Group Co ranks #1386 out of 1552 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ningxia Baofeng Energy Group Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Baofeng Energy Group Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Ningxia Baofeng Energy Group Co ranks #1386 out of 1552 companies for Days Payable. This places Ningxia Baofeng Energy Group Co in the lower half of its industry. The industry median Days Payable is 59.65. Ningxia Baofeng Energy Group Co's value of 25.44 is 57.3% below this benchmark. Historically, Ningxia Baofeng Energy Group Co's own Days Payable has ranged from 21.27 to 219.93 over the past decade. While the company's 10-year median is 35.32 vs. the industry median of 59.65, Ningxia Baofeng Energy Group Co 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.65, based on 1,552 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. Ningxia Baofeng Energy Group Co's current Days Payable of 25.44 is 57.3% 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 Ningxia Baofeng Energy Group Co and its competitors. For the Chemicals industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningxia Baofeng Energy Group Co's current Days Payable is 25.44, which is 28% below median its own 10-year median of 35.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Baofeng Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co (SHSE:600989) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥26.93, compared to a current price of ¥22.07 — trading 18% below its estimated fair value. The current Days Payable is 25.44, which is 28% below median its 10-year median of 35.32 and 57.3% below the Chemicals industry median of 59.65. Ningxia Baofeng Energy Group Co's overall GF Score™ is 92/100 with 4 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 Ningxia Baofeng Energy Group Co (SHSE:600989), the current Days Payable is 25.44 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 Ningxia Baofeng Energy Group Co (SHSE:600989) Overvalued in 2026?

Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co stock appears to be undervalued. The current stock price of ¥22.07 is trading 18% below its estimated GF Value™ of ¥26.93. GuruFocus considers Ningxia Baofeng Energy Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600989:

  • Days Payable: 25.44 (28% below median its 10-year median of 35.32)
  • GF Value™: ¥26.93 vs. price of ¥22.07 (18% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 57.3% below the Chemicals median (#1386 of 1552)

No single metric tells the full story. See the SHSE:600989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningxia Baofeng Energy Group Co Business Description

Address Baofeng Circular Economy Industrial Park, Ningdong Energy and Chemical Industry Base, Ningxia Hui Autonomous Region, Yinchuan, CHN, 750411
Ningxia Baofeng Energy Group Co Ltd is engaged in the production and sales of modern coal chemical products. The company operates through four segments. The Coking Products segment covers coal mining, washing, and coking activities. The Fine Chemical Products segment focuses on coal tar, crude benzene, and C4 deep-processed products. The Olefin Products segment is involved in the production of methanol and olefins. The Headquarters and Other Product segment manages investment, financing, and support services, alongside the activities of its commercial service companies. It generates the majority of its revenue from the Olefin Products segment.
92GF Score

Get the complete analysis for SHSE:600989

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

¥22.07
Price
¥26.93
GF Value