SDGMF (Shandong Gold Mining Co) Accounts Payable: $2,536 Mil (As of Mar. 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.

SDGMF Shandong Gold Mining Co Ltd SDGMF
60 GF Score
Price $1.60
GF Value $2.81
! 3 Warning Signs
View Full Analysis

What is Shandong Gold Mining Co Accounts Payable?

Shandong Gold Mining Co SDGMF 60 Accounts Payable is $2,536 Mil as of Mar. 2026. GuruFocus rates SDGMF with a GF Score™ of 60/100 and a GF Value™ of $2.81. The stock has 3 warning signs investors should review.

Shandong Gold Mining Co's Accounts Payable for the quarter that ended in Mar. 2026 was $2,536 Mil.

Shandong Gold Mining Co's quarterly Accounts Payable declined from Sep. 2025 ($2,564 Mil) to Dec. 2025 ($2,558 Mil) and declined from Dec. 2025 ($2,558 Mil) to Mar. 2026 ($2,536 Mil).

Shandong Gold Mining Co's annual Accounts Payable increased from Dec. 2023 ($1,478 Mil) to Dec. 2024 ($2,330 Mil) and increased from Dec. 2024 ($2,330 Mil) to Dec. 2025 ($2,558 Mil).


Shandong Gold Mining Co Accounts Payable Related Terms


Shandong Gold Mining Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Shandong Gold Mining Co'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.

Shandong Gold Mining Co Accounts Payable Chart

Shandong Gold Mining Co 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 769.56 1,031.75 1,477.84 2,330.49 2,558.21

Shandong Gold Mining Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,510.61 2,441.51 2,564.34 2,558.21 2,536.43
SDGMF
60GF Score
Shandong Gold Mining Co Ltd SDGMF
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Gold Mining Co 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 $2,536 Mil mean?
Shandong Gold Mining Co (SDGMF) has a Accounts Payable of $2,536 Mil as of Mar. 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 Shandong Gold Mining Co and its competitors.
Is Shandong Gold Mining Co's Accounts Payable too high?
Shandong Gold Mining Co's current Accounts Payable is $2,536 Mil. Overall, Shandong Gold Mining Co has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Mining Co's Accounts Payable compare to NEM and AU?
Shandong Gold Mining Co's Accounts Payable of $2,536 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Payable depends on the Metals & Mining 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 Shandong Gold Mining Co and its competitors. Shandong Gold Mining Co's current Accounts Payable is $2,536 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Mining Co stock overvalued right now?
Shandong Gold Mining Co (SDGMF) has a current Accounts Payable of $2,536 Mil. The stock's GF Value™ is $2.81, compared to a current price of $1.60 — trading 43.1% below its estimated fair value. The current Accounts Payable is $2,536 Mil. Shandong Gold Mining Co's overall GF Score™ is 60/100 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 Shandong Gold Mining Co (SDGMF), the current Accounts Payable is $2,536 Mil as of Mar. 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 Shandong Gold Mining Co (SDGMF) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Gold Mining Co stock appears to be undervalued. The current stock price of $1.60 is trading 43.1% below its estimated GF Value™ of $2.81.

Key valuation signals for SDGMF:

  • Accounts Payable: $2,536 Mil
  • GF Value™: $2.81 vs. price of $1.60 (43.1% below fair value)
  • GF Score™: 60/100 with 3 warning signs

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


Shandong Gold Mining Co Business Description

Address No. 2503, Jingshi Road, Licheng District, Shandong Province, Jinan, CHN, 250100
Shandong Gold Mining Co Ltd is a China-based company mainly engaged in the exploration, mining, beneficiation, and sales of gold and non-ferrous metals. Additionally, it is involved in the production, processing, and sales of specialized equipment for gold mines and construction and decoration materials. The company's main products include standard gold bullions, investment gold bars, alloy gold, and silver ingots. Its portfolio of gold mines comprises Sanshandao Gold Mine, Jiaojia Gold Mine, Xincheng Gold Mine, Veladero Gold Mine, and Qinghai Dachaidan Mining, among others. The company's reporting segments are: Gold, which derives maximum revenue, Silver metal, Copper metal, Iron ore concentrates, Lead metal, Zinc metal, Purchased gold, Small gold bars, and Others.
60GF Score

Get the complete analysis for SDGMF

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

$1.60
Price
$2.81
GF Value