Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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.
Zhenhai Petrochemical Engineering Co Days Payable Chart
SHSE:603637 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Zhenhai Petrochemical 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.
Zhenhai Petrochemical Engineering Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Zhenhai Petrochemical Engineering Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhenhai Petrochemical Engineering Co's Days Payable falls into.
Zhenhai Petrochemical 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.
* 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.
Zhenhai Petrochemical Engineering Co (SHSE:603637) has a Days Payable of 434.34 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 Zhenhai Petrochemical Engineering Co and its competitors. This is 118% above median its historical median of 199.51. Over the past decade, Zhenhai Petrochemical Engineering Co's Days Payable has ranged from 106.05 to 428.34. According to the industry distribution chart, Zhenhai Petrochemical Engineering Co ranks #246 out of 1719 companies in the Construction industry, placing it in the top 14.3%.
Is Zhenhai Petrochemical Engineering Co's Days Payable too high?
Zhenhai Petrochemical Engineering Co's current Days Payable of 434.34 is 118% above median its 10-year median of 199.51. Over the past 10 years, this metric has ranged from a low of 106.05 to a high of 428.34. The Construction industry median Days Payable is 76.33. Zhenhai Petrochemical Engineering Co's value of 434.34 is 469% above this industry median. Based on the distribution chart, Zhenhai Petrochemical Engineering Co ranks #246 out of 1719 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Zhenhai Petrochemical Engineering Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhenhai Petrochemical Engineering Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Zhenhai Petrochemical Engineering Co ranks #246 out of 1719 companies for Days Payable. This places Zhenhai Petrochemical Engineering Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.33. Zhenhai Petrochemical Engineering Co's value of 434.34 is 469% above this benchmark. Historically, Zhenhai Petrochemical Engineering Co's own Days Payable has ranged from 106.05 to 428.34 over the past decade. While the company's 10-year median is 199.51 vs. the industry median of 76.33, Zhenhai Petrochemical 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 76.33, based on 1,719 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. Zhenhai Petrochemical Engineering Co's current Days Payable of 434.34 is 469% 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 Zhenhai Petrochemical Engineering Co and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhenhai Petrochemical Engineering Co's current Days Payable is 434.34, which is 118% above median its own 10-year median of 199.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhenhai Petrochemical Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Zhenhai Petrochemical Engineering Co (SHSE:603637) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.82, compared to a current price of ¥12.92 — trading 65.2% above its estimated fair value. The current Days Payable is 434.34, which is 118% above median its 10-year median of 199.51 and 469% above the Construction industry median of 76.33. Zhenhai Petrochemical Engineering Co's overall GF Score™ is 71/100 with 3 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 Zhenhai Petrochemical Engineering Co (SHSE:603637), the current Days Payable is 434.34 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 Zhenhai Petrochemical Engineering Co (SHSE:603637) Overvalued in 2026?
Based on GuruFocus' analysis, Zhenhai Petrochemical Engineering Co stock appears to be overvalued.
The current stock price of ¥12.92 is trading 65.2% above its estimated GF Value™ of ¥7.82.
GuruFocus considers Zhenhai Petrochemical Engineering Co to be Significantly Overvalued.
Key valuation signals for SHSE:603637:
Days Payable: 434.34 (118% above median its 10-year median of 199.51)
GF Value™: ¥7.82 vs. price of ¥12.92 (65.2% above fair value)
Industry Position: 469% above the Construction median (#246 of 1719)
No single metric tells the full story. See the SHSE:603637 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhenhai Petrochemical Engineering Co Ltd provides construction of petrochemical engineering and technical services. Its services include engineering contracting, engineering design, project management, supervision, and engineering consulting project trial price and bidding agency, and other businesses. The company offers various forms of construction services, and technology development and application services; and project contract management services primarily for the petrochemical industry.
71GF Score
Get the complete analysis for SHSE:603637
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603637 has been successfully added to your 
