Riyue Heavy Industry Co (SHSE:603218) Accounts Payable: ¥2,223 Mil (As of Mar. 2026)

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SHSE:603218 Riyue Heavy Industry Co Ltd SHSE:603218
76 GF Score
Price ¥9.60
GF Value ¥15.64
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Riyue Heavy Industry Co Accounts Payable?

Riyue Heavy Industry Co SHSE:603218 -0.41% 76 Accounts Payable is ¥2,223 Mil as of Mar. 2026. GuruFocus rates SHSE:603218 with a GF Score™ of 76/100 and a GF Value™ of ¥15.64 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Riyue Heavy Industry Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥2,223 Mil.

Riyue Heavy Industry Co's quarterly Accounts Payable declined from Sep. 2025 (¥2,199 Mil) to Dec. 2025 (¥1,965 Mil) but then increased from Dec. 2025 (¥1,965 Mil) to Mar. 2026 (¥2,223 Mil).

Riyue Heavy Industry Co's annual Accounts Payable declined from Dec. 2023 (¥2,357 Mil) to Dec. 2024 (¥1,863 Mil) but then increased from Dec. 2024 (¥1,863 Mil) to Dec. 2025 (¥1,965 Mil).

Riyue Heavy Industry Co Accounts Payable Related Terms

Riyue Heavy Industry Co Accounts Payable Historical Data

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The historical data trend for Riyue Heavy Industry 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.

Riyue Heavy Industry Co Accounts Payable Chart

Riyue Heavy Industry 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 1,929.12 2,542.49 2,356.52 1,862.69 1,964.57

Riyue Heavy Industry 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 1,989.57 2,108.59 2,199.24 1,964.57 2,222.66
SHSE:603218
76GF Score
Riyue Heavy Industry Co Ltd SHSE:603218
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Riyue Heavy Industry 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 ¥2,223 Mil mean?
Riyue Heavy Industry Co (SHSE:603218) has a Accounts Payable of ¥2,223 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 Riyue Heavy Industry Co and its competitors.
Is Riyue Heavy Industry Co's Accounts Payable too high?
Riyue Heavy Industry Co's current Accounts Payable is ¥2,223 Mil. Overall, Riyue Heavy Industry Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Riyue Heavy Industry Co's Accounts Payable compare to GEV and ETN?
Riyue Heavy Industry Co's Accounts Payable of ¥2,223 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 Riyue Heavy Industry Co and its competitors. Riyue Heavy Industry Co's current Accounts Payable is ¥2,223 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riyue Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Riyue Heavy Industry Co (SHSE:603218) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥15.64, compared to a current price of ¥9.60 — trading 38.6% below its estimated fair value. The current Accounts Payable is ¥2,223 Mil. Riyue Heavy Industry Co's overall GF Score™ is 76/100 with 5 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 Riyue Heavy Industry Co (SHSE:603218), the current Accounts Payable is ¥2,223 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 Riyue Heavy Industry Co (SHSE:603218) Overvalued in 2026?

Based on GuruFocus' analysis, Riyue Heavy Industry Co stock appears to be undervalued. The current stock price of ¥9.60 is trading 38.6% below its estimated GF Value™ of ¥15.64. GuruFocus considers Riyue Heavy Industry Co to be Significantly Undervalued.

Key valuation signals for SHSE:603218:

  • Accounts Payable: ¥2,223 Mil
  • GF Value™: ¥15.64 vs. price of ¥9.60 (38.6% below fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Riyue Heavy Industry Co Business Description

Address Dongwu town Yinzhou district, Zhejiang, Ningbo City, CHN, 315113
Riyue Heavy Industry Co Ltd manufactures heavy duty equipment castings. Its products are windpower turbine generators, heavy diesel engines, large plastic injection molding machines, large machining centers, and giant mining machine series of castings. Geographically, it operates throughout the region of China.
76GF Score

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

¥9.60
Price
¥15.64
GF Value