Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) Accounts Payable: ¥907 Mil (As of Mar. 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:600579 Sinochem Equipment Technology (Qingdao) Co Ltd SHSE:600579
44 GF Score
Price ¥7.26
GF Value ¥1.01
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sinochem Equipment Technology (Qingdao) Co Accounts Payable?

Sinochem Equipment Technology (Qingdao) Co SHSE:600579 +0.69% 44 Accounts Payable is ¥907 Mil as of Mar. 2026. GuruFocus rates SHSE:600579 with a GF Score™ of 44/100 and a GF Value™ of ¥1.01 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Sinochem Equipment Technology (Qingdao) Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥907 Mil.

Sinochem Equipment Technology (Qingdao) Co's quarterly Accounts Payable increased from Sep. 2025 (¥604 Mil) to Dec. 2025 (¥824 Mil) and increased from Dec. 2025 (¥824 Mil) to Mar. 2026 (¥907 Mil).

Sinochem Equipment Technology (Qingdao) Co's annual Accounts Payable declined from Dec. 2023 (¥2,279 Mil) to Dec. 2024 (¥739 Mil) but then increased from Dec. 2024 (¥739 Mil) to Dec. 2025 (¥824 Mil).

Sinochem Equipment Technology (Qingdao) Co Accounts Payable Related Terms

Sinochem Equipment Technology (Qingdao) Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Sinochem Equipment Technology (Qingdao) 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.

Sinochem Equipment Technology (Qingdao) Co Accounts Payable Chart

Sinochem Equipment Technology (Qingdao) 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 2,542.87 2,874.98 2,279.38 739.05 824.49

Sinochem Equipment Technology (Qingdao) 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 708.73 704.65 603.57 824.49 906.74
SHSE:600579
44GF Score
Sinochem Equipment Technology (Qingdao) Co Ltd SHSE:600579
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinochem Equipment Technology (Qingdao) 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 ¥907 Mil mean?
Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) has a Accounts Payable of ¥907 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 Sinochem Equipment Technology (Qingdao) Co and its competitors.
Is Sinochem Equipment Technology (Qingdao) Co's Accounts Payable too high?
Sinochem Equipment Technology (Qingdao) Co's current Accounts Payable is ¥907 Mil. Overall, Sinochem Equipment Technology (Qingdao) Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinochem Equipment Technology (Qingdao) Co's Accounts Payable compare to GEV and ETN?
Sinochem Equipment Technology (Qingdao) Co's Accounts Payable of ¥907 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Accounts Payable depends on the Industrial Products 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 Sinochem Equipment Technology (Qingdao) Co and its competitors. Sinochem Equipment Technology (Qingdao) Co's current Accounts Payable is ¥907 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinochem Equipment Technology (Qingdao) Co stock overvalued right now?
Based on GuruFocus' analysis, Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.01, compared to a current price of ¥7.26 — trading 618.8% above its estimated fair value. The current Accounts Payable is ¥907 Mil. Sinochem Equipment Technology (Qingdao) Co's overall GF Score™ is 44/100 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 Sinochem Equipment Technology (Qingdao) Co (SHSE:600579), the current Accounts Payable is ¥907 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 Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) Overvalued in 2026?

Based on GuruFocus' analysis, Sinochem Equipment Technology (Qingdao) Co stock appears to be overvalued. The current stock price of ¥7.26 is trading 618.8% above its estimated GF Value™ of ¥1.01. GuruFocus considers Sinochem Equipment Technology (Qingdao) Co to be Significantly Overvalued.

Key valuation signals for SHSE:600579:

  • Accounts Payable: ¥907 Mil
  • GF Value™: ¥1.01 vs. price of ¥7.26 (618.8% above fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sinochem Equipment Technology (Qingdao) Co Business Description

Address No. 9 Beitucheng West Road, China National Bluestar Headquarters Building, Chaoyang District, Beijing, CHN, 100029
Sinochem Equipment Technology (Qingdao) Co Ltd is engaged in the Chemical equipment business and rubber machinery business.
44GF Score

Get the complete analysis for SHSE:600579

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

¥7.26
Price
¥1.01
GF Value