Fountain Set (Holdings) (HKSE:00420) Accounts Payable: HK$439 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:00420 Fountain Set (Holdings) Ltd HKSE:00420
50 GF Score
Price HK$0.62
GF Value HK$0.53
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Fountain Set (Holdings) Accounts Payable?

Fountain Set (Holdings) HKSE:00420 50 Accounts Payable is HK$439 Mil as of Dec. 2025. GuruFocus rates HKSE:00420 with a GF Score™ of 50/100 and a GF Value™ of HK$0.53 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Fountain Set (Holdings)'s Accounts Payable for the quarter that ended in Dec. 2025 was HK$439 Mil.

Fountain Set (Holdings)'s quarterly Accounts Payable increased from Dec. 2024 (HK$563 Mil) to Jun. 2025 (HK$602 Mil) but then declined from Jun. 2025 (HK$602 Mil) to Dec. 2025 (HK$439 Mil).

Fountain Set (Holdings)'s annual Accounts Payable declined from Dec. 2023 (HK$652 Mil) to Dec. 2024 (HK$563 Mil) and declined from Dec. 2024 (HK$563 Mil) to Dec. 2025 (HK$439 Mil).

Fountain Set (Holdings) Accounts Payable Related Terms

Fountain Set (Holdings) Accounts Payable Historical Data

* Premium members only.

The historical data trend for Fountain Set (Holdings)'s Accounts 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.

Fountain Set (Holdings) Accounts Payable Chart

Fountain Set (Holdings) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 956.45 491.30 651.57 562.54 439.46

Fountain Set (Holdings) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 651.57 668.15 562.54 601.81 439.46
HKSE:00420
50GF Score
Fountain Set (Holdings) Ltd HKSE:00420
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fountain Set (Holdings) Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of HK$439 Mil mean?
Fountain Set (Holdings) (HKSE:00420) has a Accounts Payable of HK$439 Mil as of Dec. 2025. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Fountain Set (Holdings) and its competitors.
Is Fountain Set (Holdings)'s Accounts Payable too high?
Fountain Set (Holdings)'s current Accounts Payable is HK$439 Mil. Overall, Fountain Set (Holdings) has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fountain Set (Holdings)'s Accounts Payable compare to competitors?
Fountain Set (Holdings)'s Accounts Payable of HK$439 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Manufacturing - Apparel & Accessories company?
A good Accounts Payable depends on the Manufacturing - Apparel & Accessories industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Fountain Set (Holdings) and its competitors. Fountain Set (Holdings)'s current Accounts Payable is HK$439 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fountain Set (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Fountain Set (Holdings) (HKSE:00420) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.53, compared to a current price of HK$0.62 — trading 17% above its estimated fair value. The current Accounts Payable is HK$439 Mil. Fountain Set (Holdings)'s overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Fountain Set (Holdings) (HKSE:00420), the current Accounts Payable is HK$439 Mil as of Dec. 2025. 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 Fountain Set (Holdings) (HKSE:00420) Overvalued in 2026?

Based on GuruFocus' analysis, Fountain Set (Holdings) stock appears to be overvalued. The current stock price of HK$0.62 is trading 17% above its estimated GF Value™ of HK$0.53. GuruFocus considers Fountain Set (Holdings) to be Modestly Overvalued.

Key valuation signals for HKSE:00420:

  • Accounts Payable: HK$439 Mil
  • GF Value™: HK$0.53 vs. price of HK$0.62 (17% above fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00420 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fountain Set (Holdings) Business Description

Address 29-39 Kwai Cheong Road, Block A, 6th Floor, Eastern Sea Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Fountain Set (Holdings) Ltd and its subsidiaries are circularly knitted fabric manufacturers. It provides vertically integrated operations in fabric knitting, dyeing, printing, and finishing. In addition, the group's product range also includes garments. The company supplies knitted fabric to garment manufacturers for apparel products like sportswear, casual wear, sleepwear, and innerwear. The operating segments of the company are the production and sales of dyed fabrics and yarns, and the Production and sales of garments. The group operates in Hong Kong, China, Taiwan, Korea, Sri Lanka, America, Europe, Vietnam and Others, of which maximum revenue is generated from The PRC.
50GF Score

Get the complete analysis for HKSE:00420

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.62
Price
HK$0.53
GF Value