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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.
For the Consumer Electronics subindustry, Jinhua Chunguang Technology 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.
Jinhua Chunguang Technology Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Jinhua Chunguang Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Jinhua Chunguang Technology Co's Days Payable falls into.
Jinhua Chunguang Technology 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.
Jinhua Chunguang Technology Co (SHSE:603657) has a Days Payable of 188.34 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 Jinhua Chunguang Technology Co and its competitors. This is 75% above median its historical median of 107.85. Over the past decade, Jinhua Chunguang Technology Co's Days Payable has ranged from 49.49 to 170.54. According to the industry distribution chart, Jinhua Chunguang Technology Co ranks #351 out of 2441 companies in the Hardware industry, placing it in the top 14.4%.
Is Jinhua Chunguang Technology Co's Days Payable too high?
Jinhua Chunguang Technology Co's current Days Payable of 188.34 is 75% above median its 10-year median of 107.85. Over the past 10 years, this metric has ranged from a low of 49.49 to a high of 170.54. The Hardware industry median Days Payable is 70.03. Jinhua Chunguang Technology Co's value of 188.34 is 168.9% above this industry median. Based on the distribution chart, Jinhua Chunguang Technology Co ranks #351 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Jinhua Chunguang Technology Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jinhua Chunguang Technology Co's Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Jinhua Chunguang Technology Co ranks #351 out of 2441 companies for Days Payable. This places Jinhua Chunguang Technology Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.03. Jinhua Chunguang Technology Co's value of 188.34 is 168.9% above this benchmark. Historically, Jinhua Chunguang Technology Co's own Days Payable has ranged from 49.49 to 170.54 over the past decade. While the company's 10-year median is 107.85 vs. the industry median of 70.03, Jinhua Chunguang Technology 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 70.03, 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. Jinhua Chunguang Technology Co's current Days Payable of 188.34 is 168.9% 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 Jinhua Chunguang Technology Co and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinhua Chunguang Technology Co's current Days Payable is 188.34, which is 75% above median its own 10-year median of 107.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhua Chunguang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhua Chunguang Technology Co (SHSE:603657) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.73, compared to a current price of ¥28.50 — trading 31.2% above its estimated fair value. The current Days Payable is 188.34, which is 75% above median its 10-year median of 107.85 and 168.9% above the Hardware industry median of 70.03. Jinhua Chunguang Technology Co's overall GF Score™ is 81/100 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 Jinhua Chunguang Technology Co (SHSE:603657), the current Days Payable is 188.34 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 Jinhua Chunguang Technology Co (SHSE:603657) Overvalued in 2026?
Based on GuruFocus' analysis, Jinhua Chunguang Technology Co stock appears to be overvalued.
The current stock price of ¥28.50 is trading 31.2% above its estimated GF Value™ of ¥21.73.
GuruFocus considers Jinhua Chunguang Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603657:
Days Payable: 188.34 (75% above median its 10-year median of 107.85)
GF Value™: ¥21.73 vs. price of ¥28.50 (31.2% above fair value)
Industry Position: 168.9% above the Hardware median (#351 of 2441)
No single metric tells the full story. See the SHSE:603657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jinhua Chunguang Technology Co Ltd is a research and development, and manufacturing company of hose assemblies for cleaning appliances. The products of the company include central vacuum cleaner hoses series, steel wire, extrusion hose, blow mould hose, wet vacuum hose, and vacuum cleaner accessories for the home.
81GF Score
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