Zhejiang Zhenshi New Materials Co (SHSE:601112) Accounts Payable: ¥2,180 Mil (As of Jun. 2026)

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SHSE:601112 Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
16 GF Score
Price ¥16.11
! 3 Warning Signs
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What is Zhejiang Zhenshi New Materials Co Accounts Payable?

Zhejiang Zhenshi New Materials Co SHSE:601112 +3.40% 16 Accounts Payable is ¥2,180 Mil as of Jun. 2026. GuruFocus rates SHSE:601112 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

Zhejiang Zhenshi New Materials Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥2,180 Mil.

Zhejiang Zhenshi New Materials Co's quarterly Accounts Payable declined from Dec. 2025 (¥1,668 Mil) to Mar. 2026 (¥1,391 Mil) but then increased from Mar. 2026 (¥1,391 Mil) to Jun. 2026 (¥2,180 Mil).

Zhejiang Zhenshi New Materials Co's annual Accounts Payable increased from Dec. 2023 (¥498 Mil) to Dec. 2024 (¥683 Mil) and increased from Dec. 2024 (¥683 Mil) to Dec. 2025 (¥1,668 Mil).

Zhejiang Zhenshi New Materials Co Accounts Payable Related Terms

Zhejiang Zhenshi New Materials Co Accounts Payable Historical Data

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The historical data trend for Zhejiang Zhenshi New Materials 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.

Zhejiang Zhenshi New Materials Co Accounts Payable Chart

Zhejiang Zhenshi New Materials Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Accounts Payable
2,494.54 497.88 683.47 1,667.97

Zhejiang Zhenshi New Materials Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,023.26 1,720.64 1,667.97 1,390.76 2,180.37
SHSE:601112
16GF Score
Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zhenshi New Materials 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 ¥2,180 Mil mean?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a Accounts Payable of ¥2,180 Mil as of Jun. 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 Zhejiang Zhenshi New Materials Co and its competitors.
Is Zhejiang Zhenshi New Materials Co's Accounts Payable too high?
Zhejiang Zhenshi New Materials Co's current Accounts Payable is ¥2,180 Mil. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's Accounts Payable compare to GEV and ETN?
Zhejiang Zhenshi New Materials Co's Accounts Payable of ¥2,180 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 Zhejiang Zhenshi New Materials Co and its competitors. Zhejiang Zhenshi New Materials Co's current Accounts Payable is ¥2,180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current Accounts Payable of ¥2,180 Mil. The current Accounts Payable is ¥2,180 Mil. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 16/100 with 3 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current Accounts Payable is ¥2,180 Mil as of Jun. 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.

Zhejiang Zhenshi New Materials Co Business Description

Address No. 1 Guangyun South Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
16GF Score

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

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