Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) Accounts Payable: ¥15,902 Mil (As of Mar. 2026)

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SHSE:600307 Gansu Jiu Steel Group Hongxing Iron And Steel Co Ltd SHSE:600307
39 GF Score
Price ¥1.47
GF Value ¥1.23
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Gansu Jiu Steel Group Hongxing Iron And Steel Co Accounts Payable?

Gansu Jiu Steel Group Hongxing Iron And Steel Co SHSE:600307 -0.68% 39 Accounts Payable is ¥15,902 Mil as of Mar. 2026. GuruFocus rates SHSE:600307 with a GF Score™ of 39/100 and a GF Value™ of ¥1.23 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Gansu Jiu Steel Group Hongxing Iron And Steel Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥15,902 Mil.

Gansu Jiu Steel Group Hongxing Iron And Steel Co's quarterly Accounts Payable increased from Sep. 2025 (¥14,225 Mil) to Dec. 2025 (¥14,801 Mil) and increased from Dec. 2025 (¥14,801 Mil) to Mar. 2026 (¥15,902 Mil).

Gansu Jiu Steel Group Hongxing Iron And Steel Co's annual Accounts Payable increased from Dec. 2023 (¥13,983 Mil) to Dec. 2024 (¥15,303 Mil) but then declined from Dec. 2024 (¥15,303 Mil) to Dec. 2025 (¥14,801 Mil).


Gansu Jiu Steel Group Hongxing Iron And Steel Co Accounts Payable Related Terms


Gansu Jiu Steel Group Hongxing Iron And Steel Co Accounts Payable Historical Data

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The historical data trend for Gansu Jiu Steel Group Hongxing Iron And 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.

Gansu Jiu Steel Group Hongxing Iron And Steel Co Accounts Payable Chart

Gansu Jiu Steel Group Hongxing Iron And 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 11,321.29 11,275.14 13,983.07 15,303.29 14,801.30

Gansu Jiu Steel Group Hongxing Iron And 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 16,625.46 15,953.52 14,225.26 14,801.30 15,901.93
SHSE:600307
39GF Score
Gansu Jiu Steel Group Hongxing Iron And Steel Co Ltd SHSE:600307
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gansu Jiu Steel Group Hongxing Iron And 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 ¥15,902 Mil mean?
Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) has a Accounts Payable of ¥15,902 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 Gansu Jiu Steel Group Hongxing Iron And Steel Co and its competitors.
Is Gansu Jiu Steel Group Hongxing Iron And Steel Co's Accounts Payable too high?
Gansu Jiu Steel Group Hongxing Iron And Steel Co's current Accounts Payable is ¥15,902 Mil. Overall, Gansu Jiu Steel Group Hongxing Iron And Steel Co has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gansu Jiu Steel Group Hongxing Iron And Steel Co's Accounts Payable compare to NUE and STLD?
Gansu Jiu Steel Group Hongxing Iron And Steel Co's Accounts Payable of ¥15,902 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 Gansu Jiu Steel Group Hongxing Iron And Steel Co and its competitors. Gansu Jiu Steel Group Hongxing Iron And Steel Co's current Accounts Payable is ¥15,902 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gansu Jiu Steel Group Hongxing Iron And Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.23, compared to a current price of ¥1.47 — trading 19.5% above its estimated fair value. The current Accounts Payable is ¥15,902 Mil. Gansu Jiu Steel Group Hongxing Iron And Steel Co's overall GF Score™ is 39/100 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 Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307), the current Accounts Payable is ¥15,902 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 Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) Overvalued in 2026?

Based on GuruFocus' analysis, Gansu Jiu Steel Group Hongxing Iron And Steel Co stock appears to be overvalued. The current stock price of ¥1.47 is trading 19.5% above its estimated GF Value™ of ¥1.23. GuruFocus considers Gansu Jiu Steel Group Hongxing Iron And Steel Co to be Modestly Overvalued.

Key valuation signals for SHSE:600307:

  • Accounts Payable: ¥15,902 Mil
  • GF Value™: ¥1.23 vs. price of ¥1.47 (19.5% above fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gansu Jiu Steel Group Hongxing Iron And Steel Co Business Description

Address No. 12 Xiongguang East Road, Gansu Province, Jiayuguan, CHN, 715300
Gansu Jiu Steel Group Hongxing Iron And Steel Co Ltd is a China-based company engaged in the business of production and sale of carbon steel and stainless steel production systems. The company's carbon steel products cover four major series of wires, rods, plates, and belts whereas the stainless steel products include ferrite, austenite, martensite, and duplex stainless steel. It sells the products in China and also exports it to other international countries.
39GF Score

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

¥1.47
Price
¥1.23
GF Value