Sino Splendid Holdings (HKSE:08006) Accounts Payable: HK$38.13 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:08006 Sino Splendid Holdings Ltd HKSE:08006
38 GF Score
Price HK$0.11
GF Value HK$0.09
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sino Splendid Holdings Accounts Payable?

Sino Splendid Holdings HKSE:08006 38 Accounts Payable is HK$38.13 Mil as of Dec. 2025. GuruFocus rates HKSE:08006 with a GF Score™ of 38/100 and a GF Value™ of HK$0.09 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Sino Splendid Holdings's Accounts Payable for the quarter that ended in Dec. 2025 was HK$38.13 Mil.

Sino Splendid Holdings's quarterly Accounts Payable increased from Dec. 2024 (HK$38.34 Mil) to Jun. 2025 (HK$47.19 Mil) but then declined from Jun. 2025 (HK$47.19 Mil) to Dec. 2025 (HK$38.13 Mil).

Sino Splendid Holdings's annual Accounts Payable increased from Dec. 2023 (HK$29.22 Mil) to Dec. 2024 (HK$38.34 Mil) but then declined from Dec. 2024 (HK$38.34 Mil) to Dec. 2025 (HK$38.13 Mil).


Sino Splendid Holdings Accounts Payable Related Terms


Sino Splendid Holdings Accounts Payable Historical Data

* Premium members only.

The historical data trend for Sino Splendid 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.

Sino Splendid Holdings Accounts Payable Chart

Sino Splendid 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 1.11 0.02 29.22 38.34 38.13

Sino Splendid 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 29.22 0.00 38.34 47.19 38.13
HKSE:08006
38GF Score
Sino Splendid Holdings Ltd HKSE:08006
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sino Splendid 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$38.13 Mil mean?
Sino Splendid Holdings (HKSE:08006) has a Accounts Payable of HK$38.13 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 Sino Splendid Holdings and its competitors.
Is Sino Splendid Holdings' Accounts Payable too high?
Sino Splendid Holdings' current Accounts Payable is HK$38.13 Mil. Overall, Sino Splendid Holdings has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sino Splendid Holdings' Accounts Payable compare to NYT and WLY?
Sino Splendid Holdings' Accounts Payable of HK$38.13 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 Sino Splendid Holdings and its competitors. Sino Splendid Holdings's current Accounts Payable is HK$38.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Splendid Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sino Splendid Holdings (HKSE:08006) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.11 — trading 17.8% above its estimated fair value. The current Accounts Payable is HK$38.13 Mil. Sino Splendid Holdings' overall GF Score™ is 38/100 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 Sino Splendid Holdings (HKSE:08006), the current Accounts Payable is HK$38.13 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 Sino Splendid Holdings (HKSE:08006) Overvalued in 2026?

Based on GuruFocus' analysis, Sino Splendid Holdings stock appears to be overvalued. The current stock price of HK$0.11 is trading 17.8% above its estimated GF Value™ of HK$0.09. GuruFocus considers Sino Splendid Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:08006:

  • Accounts Payable: HK$38.13 Mil
  • GF Value™: HK$0.09 vs. price of HK$0.11 (17.8% above fair value)
  • GF Score™: 38/100 with 3 warning signs

No single metric tells the full story. See the HKSE:08006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sino Splendid Holdings Business Description

Other Exchanges HKM2:Germany
Address 18 Queen’s Road Central, Unit 506, 5th Floor, New World Tower 1, Central, Hong Kong, HKG
Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities, virtual reality business, and money lending business. The company operates in five segments namely Travel media operations; Provision of contents and advertising services; Investment in securities; Money Lending; and Virtual reality business. It derives revenue from Financial Magazine and Other Media Business segment.
38GF Score

Get the complete analysis for HKSE:08006

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

HK$0.11
Price
HK$0.09
GF Value