Qingdao Citymedia Co (SHSE:600229) Accounts Payable: ¥593 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.

SHSE:600229 Qingdao Citymedia Co Ltd SHSE:600229
60 GF Score
Price ¥5.41
GF Value ¥5.06
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Qingdao Citymedia Co Accounts Payable?

Qingdao Citymedia Co SHSE:600229 -3.05% 60 Accounts Payable is ¥593 Mil as of Jun. 2026. GuruFocus rates SHSE:600229 with a GF Score™ of 60/100 and a GF Value™ of ¥5.06 (Fairly Valued). The stock has 2 warning signs investors should review.

Qingdao Citymedia Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥593 Mil.

Qingdao Citymedia Co's quarterly Accounts Payable increased from Dec. 2025 (¥582 Mil) to Mar. 2026 (¥701 Mil) but then declined from Mar. 2026 (¥701 Mil) to Jun. 2026 (¥593 Mil).

Qingdao Citymedia Co's annual Accounts Payable declined from Dec. 2023 (¥720 Mil) to Dec. 2024 (¥673 Mil) and declined from Dec. 2024 (¥673 Mil) to Dec. 2025 (¥582 Mil).

Qingdao Citymedia Co Accounts Payable Related Terms

Qingdao Citymedia Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Qingdao Citymedia 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.

Qingdao Citymedia Co Accounts Payable Chart

Qingdao Citymedia 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 606.70 679.90 720.12 672.64 581.91

Qingdao Citymedia Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 Premium Member Only Premium Member Only 686.08 669.13 581.91 700.97 593.35
SHSE:600229
60GF Score
Qingdao Citymedia Co Ltd SHSE:600229
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qingdao Citymedia 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 ¥593 Mil mean?
Qingdao Citymedia Co (SHSE:600229) has a Accounts Payable of ¥593 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 Qingdao Citymedia Co and its competitors.
Is Qingdao Citymedia Co's Accounts Payable too high?
Qingdao Citymedia Co's current Accounts Payable is ¥593 Mil. Overall, Qingdao Citymedia Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Citymedia Co's Accounts Payable compare to NYT and WLY?
Qingdao Citymedia Co's Accounts Payable of ¥593 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Accounts Payable depends on the Media - Diversified 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 Qingdao Citymedia Co and its competitors. Qingdao Citymedia Co's current Accounts Payable is ¥593 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Citymedia Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Citymedia Co (SHSE:600229) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.06, compared to a current price of ¥5.41 — trading 6.9% above its estimated fair value. The current Accounts Payable is ¥593 Mil. Qingdao Citymedia Co's 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 Qingdao Citymedia Co (SHSE:600229), the current Accounts Payable is ¥593 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 Qingdao Citymedia Co (SHSE:600229) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Citymedia Co stock appears to be overvalued. The current stock price of ¥5.41 is trading 6.9% above its estimated GF Value™ of ¥5.06. GuruFocus considers Qingdao Citymedia Co to be Fairly Valued.

Key valuation signals for SHSE:600229:

  • Accounts Payable: ¥593 Mil
  • GF Value™: ¥5.06 vs. price of ¥5.41 (6.9% above fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Qingdao Citymedia Co Business Description

Address No.182 Haier Road, Publishing Building, Laoshan District, Qingdao, Shandong, CHN, 266061
Qingdao Citymedia Co Ltd is engaged in the publishing business. The company publishes books, periodicals, electronic audio, and video. Geographically the activities are carried out through China.
60GF Score

Get the complete analysis for SHSE:600229

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

¥5.41
Price
¥5.06
GF Value