China Hongguang Holdings (HKSE:08646) Accounts Payable: HK$2.7 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.

HKSE:08646 China Hongguang Holdings Ltd HKSE:08646
60 GF Score
Price HK$0.27
GF Value HK$0.18
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is China Hongguang Holdings Accounts Payable?

China Hongguang Holdings HKSE:08646 -1.82% 60 Accounts Payable is HK$2.7 Mil as of Jun. 2026. GuruFocus rates HKSE:08646 with a GF Score™ of 60/100 and a GF Value™ of HK$0.18 (Significantly Overvalued). The stock has 2 warning signs investors should review.

China Hongguang Holdings's Accounts Payable for the quarter that ended in Jun. 2026 was HK$2.7 Mil.

China Hongguang Holdings's quarterly Accounts Payable increased from Jun. 2025 (HK$2.0 Mil) to Dec. 2025 (HK$5.2 Mil) but then declined from Dec. 2025 (HK$5.2 Mil) to Jun. 2026 (HK$2.7 Mil).

China Hongguang Holdings's annual Accounts Payable increased from Dec. 2023 (HK$2.3 Mil) to Dec. 2024 (HK$6.9 Mil) but then declined from Dec. 2024 (HK$6.9 Mil) to Dec. 2025 (HK$5.2 Mil).

China Hongguang Holdings Accounts Payable Related Terms

China Hongguang Holdings Accounts Payable Historical Data

* Premium members only.

The historical data trend for China Hongguang 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.

China Hongguang Holdings Accounts Payable Chart

China Hongguang Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only 47.66 15.82 2.35 6.89 5.15

China Hongguang Holdings Semi-Annual Data
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 3.49 6.89 2.00 5.15 2.69
HKSE:08646
60GF Score
China Hongguang Holdings Ltd HKSE:08646
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Hongguang 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$2.7 Mil mean?
China Hongguang Holdings (HKSE:08646) has a Accounts Payable of HK$2.7 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 China Hongguang Holdings and its competitors.
Is China Hongguang Holdings' Accounts Payable too high?
China Hongguang Holdings' current Accounts Payable is HK$2.7 Mil. Overall, China Hongguang Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Hongguang Holdings' Accounts Payable compare to TT and JCI?
China Hongguang Holdings' Accounts Payable of HK$2.7 Mil can be compared against companies in the Construction 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 Construction company?
A good Accounts Payable depends on the Construction 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 China Hongguang Holdings and its competitors. China Hongguang Holdings's current Accounts Payable is HK$2.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Hongguang Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Hongguang Holdings (HKSE:08646) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.27 — trading 50% above its estimated fair value. The current Accounts Payable is HK$2.7 Mil. China Hongguang Holdings' overall GF Score™ is 60/100 with 2 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 China Hongguang Holdings (HKSE:08646), the current Accounts Payable is HK$2.7 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.

Is China Hongguang Holdings (HKSE:08646) Overvalued in 2026?

Based on GuruFocus' analysis, China Hongguang Holdings stock appears to be overvalued. The current stock price of HK$0.27 is trading 50% above its estimated GF Value™ of HK$0.18. GuruFocus considers China Hongguang Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08646:

  • Accounts Payable: HK$2.7 Mil
  • GF Value™: HK$0.18 vs. price of HK$0.27 (50% above fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the HKSE:08646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Hongguang Holdings Business Description

Address Eastside of Middle of Rongchi Road, Xianqiao, Rongcheng, Guangdong Province, Jieyang, CHN
China Hongguang Holdings Ltd is principally engaged in the manufacture and sale of glass products in the People's Republic of China. The Group operates in Southern China and, leveraging its technological advancements, particularly in coating technologies, has been actively transforming its business. Its coated glass products, including ITO conductive glass manufactured through fully automated magnetron sputtering production lines, are increasingly applied in the broader optoelectronic sector, such as mobile consumer electronics, display technologies, optical lenses, and automotive applications. The Group generates revenue from the PRC.
60GF Score

Get the complete analysis for HKSE:08646

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

HK$0.27
Price
HK$0.18
GF Value