Triumph New Energy Co (SHSE:600876) Accounts Payable: ¥2,877 Mil (As of Mar. 2026)

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SHSE:600876 Triumph New Energy Co Ltd SHSE:600876
48 GF Score
Price ¥7.03
GF Value ¥6.89
Valuation Fairly Valued
! 7 Warning Signs
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What is Triumph New Energy Co Accounts Payable?

Triumph New Energy Co SHSE:600876 +0.57% 48 Accounts Payable is ¥2,877 Mil as of Mar. 2026. GuruFocus rates SHSE:600876 with a GF Score™ of 48/100 and a GF Value™ of ¥6.89 (Fairly Valued). The stock has 7 warning signs investors should review.

Triumph New Energy Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥2,877 Mil.

Triumph New Energy Co's quarterly Accounts Payable increased from Sep. 2025 (¥2,751 Mil) to Dec. 2025 (¥2,806 Mil) and increased from Dec. 2025 (¥2,806 Mil) to Mar. 2026 (¥2,877 Mil).

Triumph New Energy Co's annual Accounts Payable declined from Dec. 2023 (¥2,022 Mil) to Dec. 2024 (¥1,961 Mil) but then increased from Dec. 2024 (¥1,961 Mil) to Dec. 2025 (¥2,806 Mil).


Triumph New Energy Co Accounts Payable Related Terms


Triumph New Energy Co Accounts Payable Historical Data

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The historical data trend for Triumph New Energy 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.

Triumph New Energy Co Accounts Payable Chart

Triumph New Energy 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 1,296.45 2,157.40 2,022.06 1,961.48 2,806.18

Triumph New Energy 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 1,618.22 2,708.11 2,751.47 2,806.18 2,876.78
SHSE:600876
48GF Score
Triumph New Energy Co Ltd SHSE:600876
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Triumph New Energy 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 ¥2,877 Mil mean?
Triumph New Energy Co (SHSE:600876) has a Accounts Payable of ¥2,877 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 Triumph New Energy Co and its competitors.
Is Triumph New Energy Co's Accounts Payable too high?
Triumph New Energy Co's current Accounts Payable is ¥2,877 Mil. Overall, Triumph New Energy Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Triumph New Energy Co's Accounts Payable compare to CRH and VMC?
Triumph New Energy Co's Accounts Payable of ¥2,877 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Accounts Payable depends on the Building Materials 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 Triumph New Energy Co and its competitors. Triumph New Energy Co's current Accounts Payable is ¥2,877 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triumph New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Triumph New Energy Co (SHSE:600876) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.89, compared to a current price of ¥7.03 — trading 2% above its estimated fair value. The current Accounts Payable is ¥2,877 Mil. Triumph New Energy Co's overall GF Score™ is 48/100 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 Triumph New Energy Co (SHSE:600876), the current Accounts Payable is ¥2,877 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 Triumph New Energy Co (SHSE:600876) Overvalued in 2026?

Based on GuruFocus' analysis, Triumph New Energy Co stock appears to be overvalued. The current stock price of ¥7.03 is trading 2% above its estimated GF Value™ of ¥6.89. GuruFocus considers Triumph New Energy Co to be Fairly Valued.

Key valuation signals for SHSE:600876:

  • Accounts Payable: ¥2,877 Mil
  • GF Value™: ¥6.89 vs. price of ¥7.03 (2% above fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Triumph New Energy Co Business Description

Other Exchanges LUOYF:USA01108:Hong Kong
Address No. 9, Tang Gong Zhong Lu, Xigong District, Henan Province, Luoyang, CHN, 471009
Triumph New Energy Co Ltd is a glass manufacturing enterprise, which is mainly engaged in the production and sales of new energy glass and other functional glass. Its scope of business includes manufacturing and sales of photovoltaic equipment and components; manufacturing of glass; manufacturing of non-metallic mineral products; sales of non-metallic minerals and its products; manufacturing and sales of technical glass products; technical services for solar power generation; research and development of new materials technology and emerging energy technologies; manufacturing of machinery for the production of building materials; procurement and agency services; technical services, technical development, technical consultation, technical exchange, technology transfer, technology promotion.
48GF Score

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

¥7.03
Price
¥6.89
GF Value