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Hangzhou Fortune Gas Cryogenic Group Co's quarterly Accounts Payable
declined
from Sep. 2025 (¥1,377 Mil) to Dec. 2025 (¥1,295 Mil) and
declined
from Dec. 2025 (¥1,295 Mil) to Mar. 2026 (¥1,129 Mil).
Hangzhou Fortune Gas Cryogenic Group Co's annual Accounts Payable
increased
from Dec. 2023 (¥1,262 Mil) to Dec. 2024 (¥1,430 Mil) but then
declined
from Dec. 2024 (¥1,430 Mil) to Dec. 2025 (¥1,295 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.
Hangzhou Fortune Gas Cryogenic Group Co Accounts Payable Chart
Hangzhou Fortune Gas Cryogenic Group Co Annual Data
Hangzhou Fortune Gas Cryogenic 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.
Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) has a Accounts Payable of ¥1,129 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 Hangzhou Fortune Gas Cryogenic Group Co and its competitors.
Is Hangzhou Fortune Gas Cryogenic Group Co's Accounts Payable too high?
Hangzhou Fortune Gas Cryogenic Group Co's current Accounts Payable is ¥1,129 Mil. Overall, Hangzhou Fortune Gas Cryogenic Group Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Fortune Gas Cryogenic Group Co's Accounts Payable compare to GEV and ETN?
Hangzhou Fortune Gas Cryogenic Group Co's Accounts Payable of ¥1,129 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 Hangzhou Fortune Gas Cryogenic Group Co and its competitors. Hangzhou Fortune Gas Cryogenic Group Co's current Accounts Payable is ¥1,129 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Fortune Gas Cryogenic Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥38.76, compared to a current price of ¥32.00 — trading 17.4% below its estimated fair value. The current Accounts Payable is ¥1,129 Mil. Hangzhou Fortune Gas Cryogenic Group Co's overall GF Score™ is 91/100 with 2 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 Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173), the current Accounts Payable is ¥1,129 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 Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Fortune Gas Cryogenic Group Co stock appears to be undervalued.
The current stock price of ¥32.00 is trading 17.4% below its estimated GF Value™ of ¥38.76.
GuruFocus considers Hangzhou Fortune Gas Cryogenic Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:603173:
Accounts Payable: ¥1,129 Mil
GF Value™: ¥38.76 vs. price of ¥32.00 (17.4% below fair value)
No single metric tells the full story. See the SHSE:603173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Fortune Gas Cryogenic Group Co Ltd is engaged in the development of various cryogenic technology processes and the design, manufacture, and sales of cryogenic equipment. The company's products mainly include air separation equipment, liquefied natural gas equipment (LNG equipment), coil-wound heat exchangers, chemical cold boxes, and cryogenic equipment such as cryogenic storage tanks.
91GF Score
Get the complete analysis for SHSE:603173
Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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