Ajisen (China) Holdings (HKSE:00538) Accounts Payable: HK$116 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:00538 Ajisen (China) Holdings Ltd HKSE:00538
69 GF Score
Price HK$0.79
GF Value HK$1.05
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ajisen (China) Holdings Accounts Payable?

Ajisen (China) Holdings HKSE:00538 69 Accounts Payable is HK$116 Mil as of Dec. 2025. GuruFocus rates HKSE:00538 with a GF Score™ of 69/100 and a GF Value™ of HK$1.05 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Ajisen (China) Holdings's Accounts Payable for the quarter that ended in Dec. 2025 was HK$116 Mil.

Ajisen (China) Holdings's quarterly Accounts Payable declined from Dec. 2024 (HK$104 Mil) to Jun. 2025 (HK$92 Mil) but then increased from Jun. 2025 (HK$92 Mil) to Dec. 2025 (HK$116 Mil).

Ajisen (China) Holdings's annual Accounts Payable declined from Dec. 2023 (HK$105 Mil) to Dec. 2024 (HK$104 Mil) but then increased from Dec. 2024 (HK$104 Mil) to Dec. 2025 (HK$116 Mil).


Ajisen (China) Holdings Accounts Payable Related Terms


Ajisen (China) Holdings Accounts Payable Historical Data

* Premium members only.

The historical data trend for Ajisen (China) 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.

Ajisen (China) Holdings Accounts Payable Chart

Ajisen (China) 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 143.90 103.95 104.62 103.98 115.64

Ajisen (China) Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 83.54 103.98 91.96 115.64 94.76
HKSE:00538
69GF Score
Ajisen (China) Holdings Ltd HKSE:00538
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ajisen (China) 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$116 Mil mean?
Ajisen (China) Holdings (HKSE:00538) has a Accounts Payable of HK$116 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 Ajisen (China) Holdings and its competitors.
Is Ajisen (China) Holdings' Accounts Payable too high?
Ajisen (China) Holdings' current Accounts Payable is HK$116 Mil. Overall, Ajisen (China) Holdings has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ajisen (China) Holdings' Accounts Payable compare to MCD and SBUX?
Ajisen (China) Holdings' Accounts Payable of HK$116 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Accounts Payable depends on the Restaurants 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 Ajisen (China) Holdings and its competitors. Ajisen (China) Holdings's current Accounts Payable is HK$116 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajisen (China) Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ajisen (China) Holdings (HKSE:00538) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.05, compared to a current price of HK$0.79 — trading 25.2% below its estimated fair value. The current Accounts Payable is HK$116 Mil. Ajisen (China) Holdings' 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 Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Ajisen (China) Holdings (HKSE:00538), the current Accounts Payable is HK$116 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 Ajisen (China) Holdings (HKSE:00538) Overvalued in 2026?

Based on GuruFocus' analysis, Ajisen (China) Holdings stock appears to be undervalued. The current stock price of HK$0.79 is trading 25.2% below its estimated GF Value™ of HK$1.05. GuruFocus considers Ajisen (China) Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:00538:

  • Accounts Payable: HK$116 Mil
  • GF Value™: HK$1.05 vs. price of HK$0.79 (25.2% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajisen (China) Holdings Business Description

Other Exchanges AJN:Germany
Address 24 - 26 Sze Shan Street, Block B, 6th Floor, Ajisen Group Tower, Yau Tong, Kowloon, Hong Kong, HKG
Ajisen (China) Holdings Ltd is a fast-casual restaurant chain operator selling Japanese ramen and Japanese-style dishes in Hong Kong and China. The Group has three operating segments: the operation of Restaurants segment, which includes the operation of restaurants in Mainland China and Hong Kong; the Manufacture and sales of noodles and related products segment, which includes the manufacture and sales of noodles and related products in Mainland China and Hong Kong; and the Investment holding segment, which includes investments in property interests, investments in financial instruments and interests in associates and a joint venture. Maximum revenue is derived from the Operation of the restaurants segment. Geographically, the Group generates maximum revenue from Mainland China.
69GF Score

Get the complete analysis for HKSE:00538

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

HK$0.79
Price
HK$1.05
GF Value