Mingfa Group (International) Co (HKSE:00846) Accounts Payable: HK$17,497 Mil (As of Jun. 2026)

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.

What is Mingfa Group (International) Co Accounts Payable?

Mingfa Group (International) Co HKSE:00846 Accounts Payable is HK$17,497 Mil as of Jun. 2026. The stock has 4 warning signs investors should review.

Mingfa Group (International) Co's Accounts Payable for the quarter that ended in Jun. 2026 was HK$17,497 Mil.

Mingfa Group (International) Co's quarterly Accounts Payable increased from Jun. 2025 (HK$16,018 Mil) to Dec. 2025 (HK$17,312 Mil) and increased from Dec. 2025 (HK$17,312 Mil) to Jun. 2026 (HK$17,497 Mil).

Mingfa Group (International) Co's annual Accounts Payable declined from Dec. 2023 (HK$18,037 Mil) to Dec. 2024 (HK$16,245 Mil) but then increased from Dec. 2024 (HK$16,245 Mil) to Dec. 2025 (HK$17,312 Mil).

Mingfa Group (International) Co Accounts Payable Related Terms

Mingfa Group (International) Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Mingfa Group (International) Co'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.

Mingfa Group (International) Co Accounts Payable Chart

Mingfa Group (International) Co 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 16,179.44 16,338.30 18,037.13 16,245.42 17,311.82

Mingfa Group (International) Co 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 15,849.98 16,245.42 16,018.01 17,311.82 17,496.65

Mingfa Group (International) Co 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$17,497 Mil mean?
Mingfa Group (International) Co (HKSE:00846) has a Accounts Payable of HK$17,497 Mil as of Jun. 2026. 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 Mingfa Group (International) Co and its competitors.
Is Mingfa Group (International) Co's Accounts Payable too high?
Mingfa Group (International) Co's current Accounts Payable is HK$17,497 Mil.
How does Mingfa Group (International) Co's Accounts Payable compare to competitors?
Mingfa Group (International) Co's Accounts Payable of HK$17,497 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Accounts Payable depends on the Real Estate 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 Mingfa Group (International) Co and its competitors. Mingfa Group (International) Co's current Accounts Payable is HK$17,497 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mingfa Group (International) Co stock overvalued right now?
Based on GuruFocus' analysis, Mingfa Group (International) Co (HKSE:00846) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.07 — trading 5.7% above its estimated fair value. The current Accounts Payable is HK$17,497 Mil. 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 Mingfa Group (International) Co (HKSE:00846), the current Accounts Payable is HK$17,497 Mil as of Jun. 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.

Mingfa Group (International) Co Business Description

Address No. 88 Pudong North Road, Jiangsu Mingfa Business Park, Pukou, Jiangsu Province, Nanjing, CHN
Mingfa Group (International) Co Ltd is an investment holding company. The principal activities of the company include property development, leasing, and hotel management. The company's operating segments include property development, hotel, property investment and management, and others. The Property Development segment is engaged in real estate development and is further subdivided into commercial and residential. The Hotel segment is engaged in hotel operations. Its Property investment and management segment invests in properties for their rental income potential and for capital appreciation, and provides management. The company generates maximum revenue from the property development segment. Geographically, it derives revenue from the PRC.