Chenqi Technology (HKSE:09680) Accounts Payable: HK$173 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:09680 Chenqi Technology Ltd HKSE:09680
11 GF Score
Price HK$7.87
! 2 Warning Signs
View Full Analysis

What is Chenqi Technology Accounts Payable?

Chenqi Technology HKSE:09680 +11.47% 11 Accounts Payable is HK$173 Mil as of Dec. 2025. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review.

Chenqi Technology's Accounts Payable for the quarter that ended in Dec. 2025 was HK$173 Mil.

Chenqi Technology's quarterly Accounts Payable increased from Dec. 2024 (HK$71 Mil) to Jun. 2025 (HK$102 Mil) and increased from Jun. 2025 (HK$102 Mil) to Dec. 2025 (HK$173 Mil).

Chenqi Technology's annual Accounts Payable declined from Dec. 2023 (HK$85 Mil) to Dec. 2024 (HK$71 Mil) but then increased from Dec. 2024 (HK$71 Mil) to Dec. 2025 (HK$173 Mil).

Chenqi Technology Accounts Payable Related Terms

Chenqi Technology Accounts Payable Historical Data

* Premium members only.

The historical data trend for Chenqi 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.

Chenqi Technology Accounts Payable Chart

Chenqi Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
64.71 64.85 85.50 71.36 172.71

Chenqi Technology Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Accounts Payable Get a 7-Day Free Trial Premium Member Only 86.21 71.36 101.78 172.71 247.65
HKSE:09680
11GF Score
Chenqi Technology Ltd HKSE:09680
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chenqi 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$173 Mil mean?
Chenqi Technology (HKSE:09680) has a Accounts Payable of HK$173 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 Chenqi Technology and its competitors.
Is Chenqi Technology's Accounts Payable too high?
Chenqi Technology's current Accounts Payable is HK$173 Mil. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's Accounts Payable compare to URI and SUNB?
Chenqi Technology's Accounts Payable of HK$173 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Accounts Payable depends on the Business Services 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 Chenqi Technology and its competitors. Chenqi Technology's current Accounts Payable is HK$173 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current Accounts Payable of HK$173 Mil. The current Accounts Payable is HK$173 Mil. Chenqi Technology's overall GF Score™ is 11/100 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 Chenqi Technology (HKSE:09680), the current Accounts Payable is HK$173 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.

Chenqi Technology Business Description

Address Kaitai Avenue, No. 30-4, Huangpu District, Guangdong Province, Guangzhou, CHN
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
11GF Score

Get the complete analysis for HKSE:09680

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

HK$7.87
Price