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What is China First Heavy Industries Co Days Payable?
China First Heavy Industries CoSHSE:601106 -3.96%39 Days Payable is 271.80 as of Mar. 2026, which is 39% above its 10-year median of 195.14. GuruFocus rates SHSE:601106 with a GF Score™ of 39/100 and a GF Value™ of ¥1.59 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,994 Industrial Products companies, China First Heavy Industries Co ranks better than 94.29% on this metric.
The historical rank and industry rank for China First Heavy Industries Co's Days Payable or its related term are showing as below:
SHSE:601106'
s Days Payable Range Over the Past 10 Years
Min: 121.28 Med: 195.14 Max: 398.45
Current: 291.52
During the past 13 years, China First Heavy Industries Co's highest Days Payable was 398.45. The lowest was 121.28. And the median was 195.14.
SHSE:601106's Days Payable is ranked better than 94.29% of 2994
companies
in the Industrial Products industry
Industry Median: 78.045
vs SHSE:601106: 291.52
* 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.
China First Heavy Industries Co Days Payable Chart
SHSE:601106 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, China First Heavy Industries 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.
China First Heavy Industries Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, China First Heavy Industries Co's Days Payable distribution charts can be found below:
* The bar in red indicates where China First Heavy Industries Co's Days Payable falls into.
China First Heavy Industries 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.
* 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.
China First Heavy Industries Co (SHSE:601106) has a Days Payable of 271.80 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 China First Heavy Industries Co and its competitors. This is 39% above median its historical median of 195.14. Over the past decade, China First Heavy Industries Co's Days Payable has ranged from 121.28 to 398.45. According to the industry distribution chart, China First Heavy Industries Co ranks #171 out of 2994 companies in the Industrial Products industry, placing it in the top 5.7%.
Is China First Heavy Industries Co's Days Payable too high?
China First Heavy Industries Co's current Days Payable of 271.80 is 39% above median its 10-year median of 195.14. Over the past 10 years, this metric has ranged from a low of 121.28 to a high of 398.45. The Industrial Products industry median Days Payable is 78.05. China First Heavy Industries Co's value of 271.80 is 248.3% above this industry median. Based on the distribution chart, China First Heavy Industries Co ranks #171 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, China First Heavy Industries Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China First Heavy Industries Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, China First Heavy Industries Co ranks #171 out of 2994 companies for Days Payable. This places China First Heavy Industries Co in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. China First Heavy Industries Co's value of 271.80 is 248.3% above this benchmark. Historically, China First Heavy Industries Co's own Days Payable has ranged from 121.28 to 398.45 over the past decade. While the company's 10-year median is 195.14 vs. the industry median of 78.05, China First Heavy Industries 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. China First Heavy Industries Co's current Days Payable of 271.80 is 248.3% 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 China First Heavy Industries Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China First Heavy Industries Co's current Days Payable is 271.80, which is 39% above median its own 10-year median of 195.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China First Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, China First Heavy Industries Co (SHSE:601106) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.59, compared to a current price of ¥2.91 — trading 83% above its estimated fair value. The current Days Payable is 271.80, which is 39% above median its 10-year median of 195.14 and 248.3% above the Industrial Products industry median of 78.05. China First Heavy Industries Co's overall GF Score™ is 39/100 with 8 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 China First Heavy Industries Co (SHSE:601106), the current Days Payable is 271.80 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 China First Heavy Industries Co (SHSE:601106) Overvalued in 2026?
Based on GuruFocus' analysis, China First Heavy Industries Co stock appears to be overvalued.
The current stock price of ¥2.91 is trading 83% above its estimated GF Value™ of ¥1.59.
GuruFocus considers China First Heavy Industries Co to be Significantly Overvalued.
Key valuation signals for SHSE:601106:
Days Payable: 271.80 (39% above median its 10-year median of 195.14)
GF Value™: ¥1.59 vs. price of ¥2.91 (83% above fair value)
Industry Position: 248.3% above the Industrial Products median (#171 of 2994)
No single metric tells the full story. See the SHSE:601106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China First Heavy Industries Co Business Description
China First Heavy Industries Co Ltd manufactures and sells heavy-duty equipment in the People's Republic of China and internationally. It offers energy equipment, including civilian nuclear energy, petrol-chemistry, coal chemistry, common chemistry, ocean engineering, seawater desalination, mining excavator and transportation, and offshore high power generating equipment.
39GF Score
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