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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.
Zhejiang Huada New Materials Co Days Payable Chart
SHSE:605158 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Zhejiang Huada New Materials 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.
Zhejiang Huada New Materials Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Zhejiang Huada New Materials Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Zhejiang Huada New Materials Co's Days Payable falls into.
Zhejiang Huada New Materials 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.
Zhejiang Huada New Materials Co (SHSE:605158) has a Days Payable of 219.21 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 Zhejiang Huada New Materials Co and its competitors. This is 533% above median its historical median of 34.63. Over the past decade, Zhejiang Huada New Materials Co's Days Payable has ranged from 16.93 to 164.51. According to the industry distribution chart, Zhejiang Huada New Materials Co ranks #43 out of 599 companies in the Steel industry, placing it in the top 7.2%.
Is Zhejiang Huada New Materials Co's Days Payable too high?
Zhejiang Huada New Materials Co's current Days Payable of 219.21 is 533% above median its 10-year median of 34.63. Over the past 10 years, this metric has ranged from a low of 16.93 to a high of 164.51. The Steel industry median Days Payable is 41.36. Zhejiang Huada New Materials Co's value of 219.21 is 430% above this industry median. Based on the distribution chart, Zhejiang Huada New Materials Co ranks #43 out of 599 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Huada New Materials Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huada New Materials Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Zhejiang Huada New Materials Co ranks #43 out of 599 companies for Days Payable. This places Zhejiang Huada New Materials Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.36. Zhejiang Huada New Materials Co's value of 219.21 is 430% above this benchmark. Historically, Zhejiang Huada New Materials Co's own Days Payable has ranged from 16.93 to 164.51 over the past decade. While the company's 10-year median is 34.63 vs. the industry median of 41.36, Zhejiang Huada New Materials 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 Steel company?
The median Days Payable among Steel companies is 41.36, based on 599 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. Zhejiang Huada New Materials Co's current Days Payable of 219.21 is 430% 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 Zhejiang Huada New Materials Co and its competitors. For the Steel industry, the median Days Payable is 41.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huada New Materials Co's current Days Payable is 219.21, which is 533% above median its own 10-year median of 34.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huada New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huada New Materials Co (SHSE:605158) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.05, compared to a current price of ¥6.65 — trading 17.4% below its estimated fair value. The current Days Payable is 219.21, which is 533% above median its 10-year median of 34.63 and 430% above the Steel industry median of 41.36. Zhejiang Huada New Materials Co's overall GF Score™ is 71/100 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 Zhejiang Huada New Materials Co (SHSE:605158), the current Days Payable is 219.21 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 Zhejiang Huada New Materials Co (SHSE:605158) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Huada New Materials Co stock appears to be undervalued.
The current stock price of ¥6.65 is trading 17.4% below its estimated GF Value™ of ¥8.05.
GuruFocus considers Zhejiang Huada New Materials Co to be Modestly Undervalued.
Key valuation signals for SHSE:605158:
Days Payable: 219.21 (533% above median its 10-year median of 34.63)
GF Value™: ¥8.05 vs. price of ¥6.65 (17.4% below fair value)
Industry Position: 430% above the Steel median (#43 of 599)
No single metric tells the full story. See the SHSE:605158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Huada New Materials Co Business Description
Zhejiang Huada New Materials Co Ltd is engaged in the research and development, production and sales of ultra-fine crystal cold-rolled steel plate, high-strength corrosion-resistant hot-dip zinc steel plate, color steel plate and coated color printing plate.
71GF Score
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