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Bright Smart Securitiesmmodities Group's quarterly Accounts Payable
increased
from Mar. 2025 (HK$1,664 Mil) to Sep. 2025 (HK$2,595 Mil) but then
declined
from Sep. 2025 (HK$2,595 Mil) to Mar. 2026 (HK$2,410 Mil).
Bright Smart Securitiesmmodities Group's annual Accounts Payable
declined
from Mar. 2024 (HK$1,703 Mil) to Mar. 2025 (HK$1,664 Mil) but then
increased
from Mar. 2025 (HK$1,664 Mil) to Mar. 2026 (HK$2,410 Mil).
* 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.
Bright Smart Securitiesmmodities Group Accounts Payable Chart
Bright Smart Securitiesmmodities Group Annual Data
Bright Smart Securitiesmmodities Group 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.
What does a Accounts Payable of HK$2,410 Mil mean?
Bright Smart Securitiesmmodities Group (HKSE:01428) has a Accounts Payable of HK$2,410 Mil as of Mar. 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 Bright Smart Securitiesmmodities Group and its competitors.
Is Bright Smart Securitiesmmodities Group's Accounts Payable too high?
Bright Smart Securitiesmmodities Group's current Accounts Payable is HK$2,410 Mil. Overall, Bright Smart Securitiesmmodities Group has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Smart Securitiesmmodities Group's Accounts Payable compare to MS and GS?
Bright Smart Securitiesmmodities Group's Accounts Payable of HK$2,410 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Accounts Payable depends on the Capital Markets 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 Bright Smart Securitiesmmodities Group and its competitors. Bright Smart Securitiesmmodities Group's current Accounts Payable is HK$2,410 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Smart Securitiesmmodities Group stock overvalued right now?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group (HKSE:01428) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.88, compared to a current price of HK$7.65 — trading 165.6% above its estimated fair value. The current Accounts Payable is HK$2,410 Mil. Bright Smart Securitiesmmodities Group's overall GF Score™ is 51/100 with 7 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 Bright Smart Securitiesmmodities Group (HKSE:01428), the current Accounts Payable is HK$2,410 Mil 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 Bright Smart Securitiesmmodities Group (HKSE:01428) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group stock appears to be overvalued.
The current stock price of HK$7.65 is trading 165.6% above its estimated GF Value™ of HK$2.88.
GuruFocus considers Bright Smart Securitiesmmodities Group to be Significantly Overvalued.
Key valuation signals for HKSE:01428:
Accounts Payable: HK$2,410 Mil
GF Value™: HK$2.88 vs. price of HK$7.65 (165.6% above fair value)
No single metric tells the full story. See the HKSE:01428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.
51GF Score
Get the complete analysis for HKSE:01428
Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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