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Ningxia Baofeng Energy Group Co's quarterly Accounts Payable
increased
from Sep. 2025 (¥1,835 Mil) to Dec. 2025 (¥2,409 Mil) but then
declined
from Dec. 2025 (¥2,409 Mil) to Mar. 2026 (¥2,211 Mil).
Ningxia Baofeng Energy Group Co's annual Accounts Payable
declined
from Dec. 2023 (¥1,948 Mil) to Dec. 2024 (¥1,489 Mil) but then
increased
from Dec. 2024 (¥1,489 Mil) to Dec. 2025 (¥2,409 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.
Ningxia Baofeng Energy Group Co Accounts Payable Chart
Ningxia Baofeng Energy Group 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.
Ningxia Baofeng Energy Group Co (SHSE:600989) has a Accounts Payable of ¥2,211 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 Ningxia Baofeng Energy Group Co and its competitors.
Is Ningxia Baofeng Energy Group Co's Accounts Payable too high?
Ningxia Baofeng Energy Group Co's current Accounts Payable is ¥2,211 Mil. Overall, Ningxia Baofeng Energy Group Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Baofeng Energy Group Co's Accounts Payable compare to DOW?
Ningxia Baofeng Energy Group Co's Accounts Payable of ¥2,211 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 Ningxia Baofeng Energy Group Co and its competitors. Ningxia Baofeng Energy Group Co's current Accounts Payable is ¥2,211 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Baofeng Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co (SHSE:600989) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.28, compared to a current price of ¥22.97 — trading 15.8% below its estimated fair value. The current Accounts Payable is ¥2,211 Mil. Ningxia Baofeng Energy Group Co's overall GF Score™ is 97/100 with 4 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 Ningxia Baofeng Energy Group Co (SHSE:600989), the current Accounts Payable is ¥2,211 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 Ningxia Baofeng Energy Group Co (SHSE:600989) Overvalued in 2026?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co stock appears to be undervalued.
The current stock price of ¥22.97 is trading 15.8% below its estimated GF Value™ of ¥27.28.
GuruFocus considers Ningxia Baofeng Energy Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600989:
Accounts Payable: ¥2,211 Mil
GF Value™: ¥27.28 vs. price of ¥22.97 (15.8% below fair value)
No single metric tells the full story. See the SHSE:600989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningxia Baofeng Energy Group Co Ltd is engaged in the production and sales of modern coal chemical products. The company operates through four segments. The Coking Products segment covers coal mining, washing, and coking activities. The Fine Chemical Products segment focuses on coal tar, crude benzene, and C4 deep-processed products. The Olefin Products segment is involved in the production of methanol and olefins. The Headquarters and Other Product segment manages investment, financing, and support services, alongside the activities of its commercial service companies. It generates the majority of its revenue from the Olefin Products segment.
97GF Score
Get the complete analysis for SHSE:600989
Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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