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Yuneng Technology CoSHSE:688348 -3.38%73 Days Payable is 314.42 as of Mar. 2026, which is 96% above its 10-year median of 160.47. GuruFocus rates SHSE:688348 with a GF Score™ of 73/100 and a GF Value™ of ¥53.79 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,443 Hardware companies, Yuneng Technology Co ranks better than 83.09% on this metric.
The historical rank and industry rank for Yuneng Technology Co's Days Payable or its related term are showing as below:
SHSE:688348'
s Days Payable Range Over the Past 10 Years
Min: 74.11 Med: 160.47 Max: 265.46
Current: 148.93
During the past 8 years, Yuneng Technology Co's highest Days Payable was 265.46. The lowest was 74.11. And the median was 160.47.
SHSE:688348's Days Payable is ranked better than 83.09% of 2443
companies
in the Hardware industry
Industry Median: 69.89
vs SHSE:688348: 148.93
Yuneng Technology Co's Days Payable
increased
from Mar. 2025 (285.40) to Mar. 2026 (314.42).
It may suggest that Yuneng Technology Codelayed paying its suppliers.
Yuneng Technology Co Days Payable Related Terms
Yuneng Technology Co Days Payable Historical Data
* Premium members only.
The historical data trend for Yuneng Technology Co's Days Payable can be seen below:
* 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:688348 vs CSCO, CIEN, MSI: Days Payable Comparison
For the Communication Equipment subindustry, Yuneng 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.
Yuneng Technology Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Yuneng Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Yuneng Technology 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.
Yuneng Technology 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.
Yuneng Technology Co (SHSE:688348) has a Days Payable of 314.42 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 Yuneng Technology Co and its competitors. This is 96% above median its historical median of 160.47. Over the past decade, Yuneng Technology Co's Days Payable has ranged from 74.11 to 265.46. According to the industry distribution chart, Yuneng Technology Co ranks #413 out of 2443 companies in the Hardware industry, placing it in the top 16.9%.
Is Yuneng Technology Co's Days Payable too high?
Yuneng Technology Co's current Days Payable of 314.42 is 96% above median its 10-year median of 160.47. Over the past 10 years, this metric has ranged from a low of 74.11 to a high of 265.46. The Hardware industry median Days Payable is 69.89. Yuneng Technology Co's value of 314.42 is 349.9% above this industry median. Based on the distribution chart, Yuneng Technology Co ranks #413 out of 2443 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Yuneng Technology Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yuneng Technology Co's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Yuneng Technology Co ranks #413 out of 2443 companies for Days Payable. This places Yuneng Technology Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Yuneng Technology Co's value of 314.42 is 349.9% above this benchmark. Historically, Yuneng Technology Co's own Days Payable has ranged from 74.11 to 265.46 over the past decade. While the company's 10-year median is 160.47 vs. the industry median of 69.89, Yuneng 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 69.89, based on 2,443 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. Yuneng Technology Co's current Days Payable of 314.42 is 349.9% 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 Yuneng Technology 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. Yuneng Technology Co's current Days Payable is 314.42, which is 96% above median its own 10-year median of 160.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuneng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Yuneng Technology Co (SHSE:688348) is currently considered Possible Value Trap. The stock's GF Value™ is ¥53.79, compared to a current price of ¥29.99 — trading 44.2% below its estimated fair value. The current Days Payable is 314.42, which is 96% above median its 10-year median of 160.47 and 349.9% above the Hardware industry median of 69.89. Yuneng Technology Co's overall GF Score™ is 73/100 with 5 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 Yuneng Technology Co (SHSE:688348), the current Days Payable is 314.42 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 Yuneng Technology Co (SHSE:688348) Overvalued in 2026?
Based on GuruFocus' analysis, Yuneng Technology Co stock appears to be undervalued.
The current stock price of ¥29.99 is trading 44.2% below its estimated GF Value™ of ¥53.79.
GuruFocus considers Yuneng Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:688348:
Days Payable: 314.42 (96% above median its 10-year median of 160.47)
GF Value™: ¥53.79 vs. price of ¥29.99 (44.2% below fair value)
Industry Position: 349.9% above the Hardware median (#413 of 2443)
No single metric tells the full story. See the SHSE:688348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yuneng Technology Co Ltd is engaged in the research and development, production and sales of component-level power electronic equipment in distributed photovoltaic power generation systems.
73GF Score
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