Xining Special Steel Co (SHSE:600117) Accounts Payable: ¥1,756 Mil (As of Mar. 2026)

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SHSE:600117 Xining Special Steel Co Ltd SHSE:600117
47 GF Score
Price ¥2.27
GF Value ¥2.19
Valuation Fairly Valued
! 6 Warning Signs
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What is Xining Special Steel Co Accounts Payable?

Xining Special Steel Co SHSE:600117 -1.73% 47 Accounts Payable is ¥1,756 Mil as of Mar. 2026. GuruFocus rates SHSE:600117 with a GF Score™ of 47/100 and a GF Value™ of ¥2.19 (Fairly Valued). The stock has 6 warning signs investors should review.

Xining Special Steel Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥1,756 Mil.

Xining Special Steel Co's quarterly Accounts Payable increased from Sep. 2025 (¥1,311 Mil) to Dec. 2025 (¥1,585 Mil) and increased from Dec. 2025 (¥1,585 Mil) to Mar. 2026 (¥1,756 Mil).

Xining Special Steel Co's annual Accounts Payable declined from Dec. 2023 (¥1,156 Mil) to Dec. 2024 (¥970 Mil) but then increased from Dec. 2024 (¥970 Mil) to Dec. 2025 (¥1,585 Mil).

Xining Special Steel Co Accounts Payable Related Terms

Xining Special Steel Co Accounts Payable Historical Data

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The historical data trend for Xining Special Steel 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.

Xining Special Steel Co Accounts Payable Chart

Xining Special Steel 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 2,312.47 2,364.89 1,156.00 970.36 1,584.76

Xining Special Steel 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 1,119.38 1,279.91 1,310.76 1,584.76 1,755.59
SHSE:600117
47GF Score
Xining Special Steel Co Ltd SHSE:600117
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xining Special Steel 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 ¥1,756 Mil mean?
Xining Special Steel Co (SHSE:600117) has a Accounts Payable of ¥1,756 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 Xining Special Steel Co and its competitors.
Is Xining Special Steel Co's Accounts Payable too high?
Xining Special Steel Co's current Accounts Payable is ¥1,756 Mil. Overall, Xining Special Steel Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xining Special Steel Co's Accounts Payable compare to NUE and STLD?
Xining Special Steel Co's Accounts Payable of ¥1,756 Mil can be compared against companies in the Steel 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 Steel company?
A good Accounts Payable depends on the Steel 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 Xining Special Steel Co and its competitors. Xining Special Steel Co's current Accounts Payable is ¥1,756 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xining Special Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Xining Special Steel Co (SHSE:600117) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.19, compared to a current price of ¥2.27 — trading 3.7% above its estimated fair value. The current Accounts Payable is ¥1,756 Mil. Xining Special Steel Co's overall GF Score™ is 47/100 with 6 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 Xining Special Steel Co (SHSE:600117), the current Accounts Payable is ¥1,756 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 Xining Special Steel Co (SHSE:600117) Overvalued in 2026?

Based on GuruFocus' analysis, Xining Special Steel Co stock appears to be overvalued. The current stock price of ¥2.27 is trading 3.7% above its estimated GF Value™ of ¥2.19. GuruFocus considers Xining Special Steel Co to be Fairly Valued.

Key valuation signals for SHSE:600117:

  • Accounts Payable: ¥1,756 Mil
  • GF Value™: ¥2.19 vs. price of ¥2.27 (3.7% above fair value)
  • GF Score™: 47/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Xining Special Steel Co Business Description

Address No. 52 West Qaidam Road, Qinghai Province, Xining, CHN, 810005
Xining Special Steel Co Ltd is mainly engaged in special steel processing and is Northwest China's steel production enterprise. Products include carbon steel, alloy steel products, die steel, and stainless steel.
47GF Score

Get the complete analysis for SHSE:600117

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

¥2.27
Price
¥2.19
GF Value