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Hengli Petrochemical Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥21,415 Mil.
Hengli Petrochemical Co's quarterly Accounts Payable
declined
from Sep. 2025 (¥16,563 Mil) to Dec. 2025 (¥14,794 Mil) but then
increased
from Dec. 2025 (¥14,794 Mil) to Mar. 2026 (¥21,415 Mil).
Hengli Petrochemical Co's annual Accounts Payable
declined
from Dec. 2023 (¥27,601 Mil) to Dec. 2024 (¥20,937 Mil) and
declined
from Dec. 2024 (¥20,937 Mil) to Dec. 2025 (¥14,794 Mil).
* 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.
Hengli Petrochemical 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.
Hengli Petrochemical Co (SHSE:600346) has a Accounts Payable of ¥21,415 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 Hengli Petrochemical Co and its competitors.
Is Hengli Petrochemical Co's Accounts Payable too high?
Hengli Petrochemical Co's current Accounts Payable is ¥21,415 Mil. Overall, Hengli Petrochemical Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengli Petrochemical Co's Accounts Payable compare to DOW?
Hengli Petrochemical Co's Accounts Payable of ¥21,415 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Accounts Payable depends on the Chemicals 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 Hengli Petrochemical Co and its competitors. Hengli Petrochemical Co's current Accounts Payable is ¥21,415 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengli Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Hengli Petrochemical Co (SHSE:600346) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥14.22, compared to a current price of ¥16.72 — trading 17.6% above its estimated fair value. The current Accounts Payable is ¥21,415 Mil. Hengli Petrochemical Co's overall GF Score™ is 77/100 with 9 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 Hengli Petrochemical Co (SHSE:600346), the current Accounts Payable is ¥21,415 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 Hengli Petrochemical Co (SHSE:600346) Overvalued in 2026?
Based on GuruFocus' analysis, Hengli Petrochemical Co stock appears to be overvalued.
The current stock price of ¥16.72 is trading 17.6% above its estimated GF Value™ of ¥14.22.
GuruFocus considers Hengli Petrochemical Co to be Modestly Overvalued.
Key valuation signals for SHSE:600346:
Accounts Payable: ¥21,415 Mil
GF Value™: ¥14.22 vs. price of ¥16.72 (17.6% above fair value)
No single metric tells the full story. See the SHSE:600346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengli Petrochemical Co Ltd engages in the petrochemical industry. Its principal activities include: the production and sales of chemical fibers; sales of purified terephthalic acid; and import and export of goods. The company's main products include oil refining products, chemical products, PTA, polyester chips, polyester fibers, and films, among others. The company mainly operates in three business segments: the Petrochemical business segment, the Polyester business segment, and the Headquarters and other business segments. Maximum revenue is generated from the Petrochemical segment. Geographically, the company earns maximum revenue from overseas markets through exports.
77GF Score
Get the complete analysis for SHSE:600346
Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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