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* 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.
SHSE:603228 vs APH, GLW, TEL: Days Payable Comparison
For the Electronic Components subindustry, Shenzhen Kinwong Electronic 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.
Shenzhen Kinwong Electronic Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Shenzhen Kinwong Electronic Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shenzhen Kinwong Electronic Co's Days Payable falls into.
Shenzhen Kinwong Electronic 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.
Shenzhen Kinwong Electronic Co (SHSE:603228) has a Days Payable of 195.32 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 Shenzhen Kinwong Electronic Co and its competitors. This is 14% above median its historical median of 171.92. Over the past decade, Shenzhen Kinwong Electronic Co's Days Payable has ranged from 132.28 to 190.51. According to the industry distribution chart, Shenzhen Kinwong Electronic Co ranks #297 out of 2441 companies in the Hardware industry, placing it in the top 12.2%.
Is Shenzhen Kinwong Electronic Co's Days Payable too high?
Shenzhen Kinwong Electronic Co's current Days Payable of 195.32 is 14% above median its 10-year median of 171.92. Over the past 10 years, this metric has ranged from a low of 132.28 to a high of 190.51. The Hardware industry median Days Payable is 69.89. Shenzhen Kinwong Electronic Co's value of 195.32 is 179.5% above this industry median. Based on the distribution chart, Shenzhen Kinwong Electronic Co ranks #297 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Kinwong Electronic Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kinwong Electronic Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Kinwong Electronic Co ranks #297 out of 2441 companies for Days Payable. This places Shenzhen Kinwong Electronic Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Shenzhen Kinwong Electronic Co's value of 195.32 is 179.5% above this benchmark. Historically, Shenzhen Kinwong Electronic Co's own Days Payable has ranged from 132.28 to 190.51 over the past decade. While the company's 10-year median is 171.92 vs. the industry median of 69.89, Shenzhen Kinwong Electronic 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,441 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. Shenzhen Kinwong Electronic Co's current Days Payable of 195.32 is 179.5% 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 Shenzhen Kinwong Electronic Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Kinwong Electronic Co's current Days Payable is 195.32, which is 14% above median its own 10-year median of 171.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kinwong Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Kinwong Electronic Co (SHSE:603228) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.41, compared to a current price of ¥75.32 — trading 112.7% above its estimated fair value. The current Days Payable is 195.32, which is 14% above median its 10-year median of 171.92 and 179.5% above the Hardware industry median of 69.89. Shenzhen Kinwong Electronic Co's overall GF Score™ is 83/100 with 12 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 Shenzhen Kinwong Electronic Co (SHSE:603228), the current Days Payable is 195.32 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 Shenzhen Kinwong Electronic Co (SHSE:603228) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Kinwong Electronic Co stock appears to be overvalued.
The current stock price of ¥75.32 is trading 112.7% above its estimated GF Value™ of ¥35.41.
GuruFocus considers Shenzhen Kinwong Electronic Co to be Significantly Overvalued.
Key valuation signals for SHSE:603228:
Days Payable: 195.32 (14% above median its 10-year median of 171.92)
GF Value™: ¥35.41 vs. price of ¥75.32 (112.7% above fair value)
Industry Position: 179.5% above the Hardware median (#297 of 2441)
No single metric tells the full story. See the SHSE:603228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Kinwong Electronic Co Business Description
Shenzhen Kinwong Electronic Co Ltd is engaged in manufacturing and sale of Printed Circuit Boards (PCB). The group offers multi-layer PCB and flexible PCB. The products of the company are applied in consumer electronics, automotive, controller and equipment, network telecommunication and IT & PC peripheral. The firm has built a strategic partnership with global top brands such as Microsoft, Hitachi, Sanyo, Foxconn, Emerson, Honeywell, Logitech, and so on. Geographically operates through the Chinese market.
83GF Score
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