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.
Ningbo Shimao Energy CoSHSE:605028 -0.63%69 Days Payable is 169.07 as of Mar. 2026, which is 33% above its 10-year median of 126.81. GuruFocus rates SHSE:605028 with a GF Score™ of 69/100 and a GF Value™ of ¥14.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Ningbo Shimao Energy Co ranks better than 73.42% on this metric.
The historical rank and industry rank for Ningbo Shimao Energy Co's Days Payable or its related term are showing as below:
SHSE:605028'
s Days Payable Range Over the Past 10 Years
Min: 66.25 Med: 126.81 Max: 318.02
Current: 194.42
During the past 10 years, Ningbo Shimao Energy Co's highest Days Payable was 318.02. The lowest was 66.25. And the median was 126.81.
SHSE:605028's Days Payable is ranked better than 73.42% of 395
companies
in the Utilities - Independent Power Producers industry
Industry Median: 80.03
vs SHSE:605028: 194.42
* 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.
Ningbo Shimao Energy Co Days Payable Competitor Comparison
For the Utilities - Renewable subindustry, Ningbo Shimao Energy 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.
Ningbo Shimao Energy Co Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ningbo Shimao Energy Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ningbo Shimao Energy Co's Days Payable falls into.
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.
Ningbo Shimao Energy Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Ningbo Shimao Energy Co (SHSE:605028) has a Days Payable of 169.07 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 Ningbo Shimao Energy Co and its competitors. This is 33% above median its historical median of 126.81. Over the past decade, Ningbo Shimao Energy Co's Days Payable has ranged from 66.25 to 318.02. According to the industry distribution chart, Ningbo Shimao Energy Co ranks #105 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.6%.
Is Ningbo Shimao Energy Co's Days Payable too high?
Ningbo Shimao Energy Co's current Days Payable of 169.07 is 33% above median its 10-year median of 126.81. Over the past 10 years, this metric has ranged from a low of 66.25 to a high of 318.02. The Utilities - Independent Power Producers industry median Days Payable is 80.03. Ningbo Shimao Energy Co's value of 169.07 is 111.3% above this industry median. Based on the distribution chart, Ningbo Shimao Energy Co ranks #105 out of 395 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Ningbo Shimao Energy Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shimao Energy Co's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ningbo Shimao Energy Co ranks #105 out of 395 companies for Days Payable. This puts Ningbo Shimao Energy Co in the upper half of its industry. The industry median Days Payable is 80.03. Ningbo Shimao Energy Co's value of 169.07 is 111.3% above this benchmark. Historically, Ningbo Shimao Energy Co's own Days Payable has ranged from 66.25 to 318.02 over the past decade. While the company's 10-year median is 126.81 vs. the industry median of 80.03, Ningbo Shimao Energy 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 80.03, based on 395 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. Ningbo Shimao Energy Co's current Days Payable of 169.07 is 111.3% 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 Ningbo Shimao Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 80.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Shimao Energy Co's current Days Payable is 169.07, which is 33% above median its own 10-year median of 126.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shimao Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Shimao Energy Co (SHSE:605028) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.83, compared to a current price of ¥26.90 — trading 81.4% above its estimated fair value. The current Days Payable is 169.07, which is 33% above median its 10-year median of 126.81 and 111.3% above the Utilities - Independent Power Producers industry median of 80.03. Ningbo Shimao Energy Co's overall GF Score™ is 69/100 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 Ningbo Shimao Energy Co (SHSE:605028), the current Days Payable is 169.07 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 Ningbo Shimao Energy Co (SHSE:605028) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Shimao Energy Co stock appears to be overvalued.
The current stock price of ¥26.90 is trading 81.4% above its estimated GF Value™ of ¥14.83.
GuruFocus considers Ningbo Shimao Energy Co to be Significantly Overvalued.
Key valuation signals for SHSE:605028:
Days Payable: 169.07 (33% above median its 10-year median of 126.81)
GF Value™: ¥14.83 vs. price of ¥26.90 (81.4% above fair value)
Industry Position: 111.3% above the Utilities - Independent Power Producers median (#105 of 395)
No single metric tells the full story. See the SHSE:605028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Shimao Energy Co Ltd is a cogeneration company with domestic waste and coal as the main raw materials. It provides central heating for the Sino-Italian Ningbo Ecological Park and the surrounding electroplating and food parks for the only regional cogeneration company in the area.
69GF Score
Get the complete analysis for SHSE:605028
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:605028 has been successfully added to your 
