MNMXF (MiniMax Group) Accounts Payable: $57.68 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.

MNMXF MiniMax Group Inc MNMXF
10 GF Score
Price $38.00
! 2 Warning Signs
View Full Analysis

What is MiniMax Group Accounts Payable?

MiniMax Group MNMXF -52.50% 10 Accounts Payable is $57.68 Mil as of Dec. 2025. GuruFocus rates MNMXF with a GF Score™ of 10/100. The stock has 2 warning signs investors should review.

MiniMax Group's Accounts Payable for the quarter that ended in Dec. 2025 was $57.68 Mil.

MiniMax Group's quarterly Accounts Payable increased from Dec. 2024 ($51.21 Mil) to Sep. 2025 ($70.22 Mil) but then declined from Sep. 2025 ($70.22 Mil) to Dec. 2025 ($57.68 Mil).

MiniMax Group's annual Accounts Payable increased from Dec. 2023 ($17.24 Mil) to Dec. 2024 ($51.21 Mil) and increased from Dec. 2024 ($51.21 Mil) to Dec. 2025 ($57.68 Mil).

MiniMax Group Accounts Payable Related Terms

MiniMax Group Accounts Payable Historical Data

* Premium members only.

The historical data trend for MiniMax Group'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.

MiniMax Group Accounts Payable Chart

MiniMax Group Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Accounts Payable
2.39 17.24 51.21 57.68

MiniMax Group Quarterly Data
Dec22 Dec23 Dec24 Sep25 Dec25
Accounts Payable 2.39 17.24 51.21 70.22 57.68
MNMXF
10GF Score
MiniMax Group Inc MNMXF
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MiniMax 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.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $57.68 Mil mean?
MiniMax Group (MNMXF) has a Accounts Payable of $57.68 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 MiniMax Group and its competitors.
Is MiniMax Group's Accounts Payable too high?
MiniMax Group's current Accounts Payable is $57.68 Mil. Overall, MiniMax Group has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does MiniMax Group's Accounts Payable compare to ?
MiniMax Group's Accounts Payable of $57.68 Mil can be compared against companies in the Software 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 Software company?
A good Accounts Payable depends on the Software 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 MiniMax Group and its competitors. MiniMax Group's current Accounts Payable is $57.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MiniMax Group stock overvalued right now?
MiniMax Group (MNMXF) has a current Accounts Payable of $57.68 Mil. The current Accounts Payable is $57.68 Mil. MiniMax Group's overall GF Score™ is 10/100 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 MiniMax Group (MNMXF), the current Accounts Payable is $57.68 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.

MiniMax Group Business Description

Comparable Companies
Other Exchanges 00100:Hong KongE5A:Germany
Address No. 65 Guiqing Road, 11th Floor, Building B, Xinyan Mansion, Xuhui District, Shanghai, CHN
MiniMax Group Inc is a AI foundation model company. It is committed to driving AI innovation towards performing the full range of human intellectual tasks, from learning and reasoning to planning and generalizing knowledge across diverse domains. Its proprietary foundation model suite, led by MiniMax-M2, Hailuo-02, and Speech-02, has long context processing capacity and can understand, generate, and integrate a wide range of modalities, including text, video, and audio. These models power its AI-native products - including MiniMax, Hailuo AI, MiniMax Audio, Talkie/Xingye, and its enterprise and developer-facing Open Platform, delivering intelligent and dynamic experiences to users globally.
10GF Score

Get the complete analysis for MNMXF

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

$38.00
Price