Changshu Fengfan Power Equipment Co (SHSE:601700) Accounts Payable: ¥1,066 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:601700 Changshu Fengfan Power Equipment Co Ltd SHSE:601700
58 GF Score
Price ¥6.51
GF Value ¥5.46
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Changshu Fengfan Power Equipment Co Accounts Payable?

Changshu Fengfan Power Equipment Co SHSE:601700 +9.97% 58 Accounts Payable is ¥1,066 Mil as of Mar. 2026. GuruFocus rates SHSE:601700 with a GF Score™ of 58/100 and a GF Value™ of ¥5.46 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Changshu Fengfan Power Equipment Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥1,066 Mil.

Changshu Fengfan Power Equipment Co's quarterly Accounts Payable declined from Sep. 2025 (¥941 Mil) to Dec. 2025 (¥875 Mil) but then increased from Dec. 2025 (¥875 Mil) to Mar. 2026 (¥1,066 Mil).

Changshu Fengfan Power Equipment Co's annual Accounts Payable increased from Dec. 2023 (¥1,231 Mil) to Dec. 2024 (¥1,318 Mil) but then declined from Dec. 2024 (¥1,318 Mil) to Dec. 2025 (¥875 Mil).


Changshu Fengfan Power Equipment Co Accounts Payable Related Terms


Changshu Fengfan Power Equipment Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Changshu Fengfan Power Equipment 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.

Changshu Fengfan Power Equipment Co Accounts Payable Chart

Changshu Fengfan Power Equipment 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 750.34 461.27 1,231.34 1,318.32 875.50

Changshu Fengfan Power Equipment 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 1,306.48 1,101.95 941.09 875.50 1,066.05
SHSE:601700
58GF Score
Changshu Fengfan Power Equipment Co Ltd SHSE:601700
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changshu Fengfan Power Equipment 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 ¥1,066 Mil mean?
Changshu Fengfan Power Equipment Co (SHSE:601700) has a Accounts Payable of ¥1,066 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 Changshu Fengfan Power Equipment Co and its competitors.
Is Changshu Fengfan Power Equipment Co's Accounts Payable too high?
Changshu Fengfan Power Equipment Co's current Accounts Payable is ¥1,066 Mil. Overall, Changshu Fengfan Power Equipment Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Fengfan Power Equipment Co's Accounts Payable compare to CRS and ATI?
Changshu Fengfan Power Equipment Co's Accounts Payable of ¥1,066 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 Changshu Fengfan Power Equipment Co and its competitors. Changshu Fengfan Power Equipment Co's current Accounts Payable is ¥1,066 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Fengfan Power Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co (SHSE:601700) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.46, compared to a current price of ¥6.51 — trading 19.2% above its estimated fair value. The current Accounts Payable is ¥1,066 Mil. Changshu Fengfan Power Equipment Co's overall GF Score™ is 58/100 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 Changshu Fengfan Power Equipment Co (SHSE:601700), the current Accounts Payable is ¥1,066 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 Changshu Fengfan Power Equipment Co (SHSE:601700) Overvalued in 2026?

Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co stock appears to be overvalued. The current stock price of ¥6.51 is trading 19.2% above its estimated GF Value™ of ¥5.46. GuruFocus considers Changshu Fengfan Power Equipment Co to be Modestly Overvalued.

Key valuation signals for SHSE:601700:

  • Accounts Payable: ¥1,066 Mil
  • GF Value™: ¥5.46 vs. price of ¥6.51 (19.2% above fair value)
  • GF Score™: 58/100 with 8 warning signs

No single metric tells the full story. See the SHSE:601700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changshu Fengfan Power Equipment Co Business Description

Address Number 8, South Renmin Road, West Industrial Park, Shanghu, Changshu, CHN, 215554
Changshu Fengfan Power Equipment Co Ltd manufactures and supplies galvanized steel towers in China. It offers transmission towers, including angle steel, spanning, and steel tube towers, as well as independent poles; substation frameworks; communication towers; crane and wind power bases; and lamp poles, tin trunks, scaffolds, and sledges. The company provides its products for high-pressure or ultra-high-pressure power transmission lines, steel tube towers, steel tube poles, transformer substation frameworks, and other steel-supporting structures.
58GF Score

Get the complete analysis for SHSE:601700

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

¥6.51
Price
¥5.46
GF Value