Shanghai Shibei Hi-Tech Co (SHSE:600604) Accounts Payable: ¥364.9 Mil (As of Mar. 2026)

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SHSE:600604 Shanghai Shibei Hi-Tech Co Ltd SHSE:600604
59 GF Score
Price ¥4.58
GF Value ¥4.12
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Shanghai Shibei Hi-Tech Co Accounts Payable?

Shanghai Shibei Hi-Tech Co SHSE:600604 +1.78% 59 Accounts Payable is ¥364.9 Mil as of Mar. 2026. GuruFocus rates SHSE:600604 with a GF Score™ of 59/100 and a GF Value™ of ¥4.12 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Shanghai Shibei Hi-Tech Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥364.9 Mil.

Shanghai Shibei Hi-Tech Co's quarterly Accounts Payable declined from Sep. 2025 (¥864.8 Mil) to Dec. 2025 (¥850.6 Mil) and declined from Dec. 2025 (¥850.6 Mil) to Mar. 2026 (¥364.9 Mil).

Shanghai Shibei Hi-Tech Co's annual Accounts Payable declined from Dec. 2023 (¥1,130.6 Mil) to Dec. 2024 (¥1,059.5 Mil) and declined from Dec. 2024 (¥1,059.5 Mil) to Dec. 2025 (¥850.6 Mil).

Shanghai Shibei Hi-Tech Co Accounts Payable Related Terms

Shanghai Shibei Hi-Tech Co Accounts Payable Historical Data

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The historical data trend for Shanghai Shibei Hi-Tech 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.

Shanghai Shibei Hi-Tech Co Accounts Payable Chart

Shanghai Shibei Hi-Tech 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 1,057.15 1,211.73 1,130.57 1,059.53 850.57

Shanghai Shibei Hi-Tech 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 865.34 860.73 864.80 850.57 364.91
SHSE:600604
59GF Score
Shanghai Shibei Hi-Tech Co Ltd SHSE:600604
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Shibei Hi-Tech 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 ¥364.9 Mil mean?
Shanghai Shibei Hi-Tech Co (SHSE:600604) has a Accounts Payable of ¥364.9 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 Shanghai Shibei Hi-Tech Co and its competitors.
Is Shanghai Shibei Hi-Tech Co's Accounts Payable too high?
Shanghai Shibei Hi-Tech Co's current Accounts Payable is ¥364.9 Mil. Overall, Shanghai Shibei Hi-Tech Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Shibei Hi-Tech Co's Accounts Payable compare to CBRE and BEKE?
Shanghai Shibei Hi-Tech Co's Accounts Payable of ¥364.9 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Accounts Payable depends on the Real Estate 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 Shanghai Shibei Hi-Tech Co and its competitors. Shanghai Shibei Hi-Tech Co's current Accounts Payable is ¥364.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Shibei Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Shibei Hi-Tech Co (SHSE:600604) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.12, compared to a current price of ¥4.58 — trading 11.2% above its estimated fair value. The current Accounts Payable is ¥364.9 Mil. Shanghai Shibei Hi-Tech Co's overall GF Score™ is 59/100 with 8 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 Shanghai Shibei Hi-Tech Co (SHSE:600604), the current Accounts Payable is ¥364.9 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 Shanghai Shibei Hi-Tech Co (SHSE:600604) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Shibei Hi-Tech Co stock appears to be overvalued. The current stock price of ¥4.58 is trading 11.2% above its estimated GF Value™ of ¥4.12. GuruFocus considers Shanghai Shibei Hi-Tech Co to be Modestly Overvalued.

Key valuation signals for SHSE:600604:

  • Accounts Payable: ¥364.9 Mil
  • GF Value™: ¥4.12 vs. price of ¥4.58 (11.2% above fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Shibei Hi-Tech Co Business Description

Other Exchanges 900902:China
Address No. 286, Jiangchang Third Road, 2nd Floor, Shanghai, CHN, 200436
Shanghai Shibei Hi-Tech Co Ltd is engaged in the business of Industrial real estate development and operation, industrial investment incubation, and integrated industrial services.
59GF Score

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

¥4.58
Price
¥4.12
GF Value