Qian Xun Technology (HKSE:01640) Accounts Payable: HK$119 Mil (As of Dec. 2025)

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HKSE:01640 Qian Xun Technology Ltd HKSE:01640
69 GF Score
Price HK$0.43
GF Value HK$5.18
Valuation Possible Value Trap
! 6 Warning Signs
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What is Qian Xun Technology Accounts Payable?

Qian Xun Technology HKSE:01640 -8.51% 69 Accounts Payable is HK$119 Mil as of Dec. 2025. GuruFocus rates HKSE:01640 with a GF Score™ of 69/100 and a GF Value™ of HK$5.18 (Possible Value Trap). The stock has 6 warning signs investors should review.

Qian Xun Technology's Accounts Payable for the quarter that ended in Dec. 2025 was HK$119 Mil.

Qian Xun Technology's quarterly Accounts Payable declined from Dec. 2024 (HK$104 Mil) to Jun. 2025 (HK$104 Mil) but then increased from Jun. 2025 (HK$104 Mil) to Dec. 2025 (HK$119 Mil).

Qian Xun Technology's annual Accounts Payable declined from Dec. 2023 (HK$214 Mil) to Dec. 2024 (HK$104 Mil) but then increased from Dec. 2024 (HK$104 Mil) to Dec. 2025 (HK$119 Mil).

Qian Xun Technology Accounts Payable Related Terms

Qian Xun Technology Accounts Payable Historical Data

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The historical data trend for Qian Xun Technology'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.

Qian Xun Technology Accounts Payable Chart

Qian Xun Technology 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 39.43 223.53 213.81 104.50 118.56

Qian Xun Technology Semi-Annual Data
Dec16 Dec17 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 140.67 104.50 104.37 118.56 94.07
HKSE:01640
69GF Score
Qian Xun Technology Ltd HKSE:01640
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Qian Xun Technology 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$119 Mil mean?
Qian Xun Technology (HKSE:01640) has a Accounts Payable of HK$119 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 Qian Xun Technology and its competitors.
Is Qian Xun Technology's Accounts Payable too high?
Qian Xun Technology's current Accounts Payable is HK$119 Mil. Overall, Qian Xun Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qian Xun Technology's Accounts Payable compare to APP and OMC?
Qian Xun Technology's Accounts Payable of HK$119 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Accounts Payable depends on the Media - Diversified 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 Qian Xun Technology and its competitors. Qian Xun Technology's current Accounts Payable is HK$119 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qian Xun Technology stock overvalued right now?
Based on GuruFocus' analysis, Qian Xun Technology (HKSE:01640) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.18, compared to a current price of HK$0.43 — trading 91.7% below its estimated fair value. The current Accounts Payable is HK$119 Mil. Qian Xun Technology's overall GF Score™ is 69/100 with 6 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 Qian Xun Technology (HKSE:01640), the current Accounts Payable is HK$119 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 Qian Xun Technology (HKSE:01640) Overvalued in 2026?

Based on GuruFocus' analysis, Qian Xun Technology stock appears to be undervalued. The current stock price of HK$0.43 is trading 91.7% below its estimated GF Value™ of HK$5.18. GuruFocus considers Qian Xun Technology to be Possible Value Trap.

Key valuation signals for HKSE:01640:

  • Accounts Payable: HK$119 Mil
  • GF Value™: HK$5.18 vs. price of HK$0.43 (91.7% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Qian Xun Technology Business Description

Address No. 32 Liangmaqiao Road, 1716-01, 15th Floor, Chaoyang District, Beijing, CHN
Qian Xun Technology Ltd is a service provider in the pre-owned digital device trading sector, dedicated to secondhand electronics transactions through AI technology and SaaS platforms, addressing surging market demand amid value-conscious consumption trends. Company has two reportable segments Advertisement segment and Pre-owned E-commerce segment which includes recycling of pre-owned 3C products via multiple channels, including its online platform, self-service kiosks at partner locations, and company-owned retail stores. Leveraging AI and SaaS capabilities, it delivers end-to-end solutions such as precision pricing, intelligent omnichannel distribution, and inventory optimization, enhancing transaction efficiency and profitability margins across the ecosystem.
69GF Score

Get the complete analysis for HKSE:01640

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

HK$0.43
Price
HK$5.18
GF Value