Shandong Hi-Speed Co (SHSE:600350) Accounts Payable: ¥16,234 Mil (As of Mar. 2026)

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SHSE:600350 Shandong Hi-Speed Co Ltd SHSE:600350
68 GF Score
Price ¥10.51
GF Value ¥8.22
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Shandong Hi-Speed Co Accounts Payable?

Shandong Hi-Speed Co SHSE:600350 -0.10% 68 Accounts Payable is ¥16,234 Mil as of Mar. 2026. GuruFocus rates SHSE:600350 with a GF Score™ of 68/100 and a GF Value™ of ¥8.22 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Shandong Hi-Speed Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥16,234 Mil.

Shandong Hi-Speed Co's quarterly Accounts Payable increased from Sep. 2025 (¥16,823 Mil) to Dec. 2025 (¥17,317 Mil) but then declined from Dec. 2025 (¥17,317 Mil) to Mar. 2026 (¥16,234 Mil).

Shandong Hi-Speed Co's annual Accounts Payable increased from Dec. 2023 (¥14,763 Mil) to Dec. 2024 (¥17,832 Mil) but then declined from Dec. 2024 (¥17,832 Mil) to Dec. 2025 (¥17,317 Mil).


Shandong Hi-Speed Co Accounts Payable Related Terms


Shandong Hi-Speed Co Accounts Payable Historical Data

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The historical data trend for Shandong Hi-Speed 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 Hi-Speed Co Accounts Payable Chart

Shandong Hi-Speed 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 10,520.02 13,557.61 14,763.43 17,832.27 17,317.04

Shandong Hi-Speed 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 16,080.50 16,300.02 16,822.59 17,317.04 16,234.14
SHSE:600350
68GF Score
Shandong Hi-Speed Co Ltd SHSE:600350
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Hi-Speed 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 ¥16,234 Mil mean?
Shandong Hi-Speed Co (SHSE:600350) has a Accounts Payable of ¥16,234 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 Hi-Speed Co and its competitors.
Is Shandong Hi-Speed Co's Accounts Payable too high?
Shandong Hi-Speed Co's current Accounts Payable is ¥16,234 Mil. Overall, Shandong Hi-Speed Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hi-Speed Co's Accounts Payable compare to competitors?
Shandong Hi-Speed Co's Accounts Payable of ¥16,234 Mil can be compared against companies in the Construction 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 Construction company?
A good Accounts Payable depends on the Construction 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 Hi-Speed Co and its competitors. Shandong Hi-Speed Co's current Accounts Payable is ¥16,234 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hi-Speed Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hi-Speed Co (SHSE:600350) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.22, compared to a current price of ¥10.51 — trading 27.9% above its estimated fair value. The current Accounts Payable is ¥16,234 Mil. Shandong Hi-Speed Co's overall GF Score™ is 68/100 with 7 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 Hi-Speed Co (SHSE:600350), the current Accounts Payable is ¥16,234 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 Hi-Speed Co (SHSE:600350) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hi-Speed Co stock appears to be overvalued. The current stock price of ¥10.51 is trading 27.9% above its estimated GF Value™ of ¥8.22. GuruFocus considers Shandong Hi-Speed Co to be Modestly Overvalued.

Key valuation signals for SHSE:600350:

  • Accounts Payable: ¥16,234 Mil
  • GF Value™: ¥8.22 vs. price of ¥10.51 (27.9% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Hi-Speed Co Business Description

Address No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.
68GF Score

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

¥10.51
Price
¥8.22
GF Value