Shandong Daye Co (SHSE:603278) Accounts Payable: ¥1,343 Mil (As of Jun. 2026)

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SHSE:603278 Shandong Daye Co Ltd SHSE:603278
66 GF Score
Price ¥9.36
GF Value ¥12.49
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Shandong Daye Co Accounts Payable?

Shandong Daye Co SHSE:603278 -0.21% 66 Accounts Payable is ¥1,343 Mil as of Jun. 2026. GuruFocus rates SHSE:603278 with a GF Score™ of 66/100 and a GF Value™ of ¥12.49 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Shandong Daye Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥1,343 Mil.

Shandong Daye Co's quarterly Accounts Payable increased from Dec. 2025 (¥1,464 Mil) to Mar. 2026 (¥1,600 Mil) but then declined from Mar. 2026 (¥1,600 Mil) to Jun. 2026 (¥1,343 Mil).

Shandong Daye Co's annual Accounts Payable increased from Dec. 2023 (¥1,552 Mil) to Dec. 2024 (¥1,569 Mil) but then declined from Dec. 2024 (¥1,569 Mil) to Dec. 2025 (¥1,464 Mil).

Shandong Daye Co Accounts Payable Related Terms

Shandong Daye Co Accounts Payable Historical Data

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The historical data trend for Shandong Daye 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.

Shandong Daye Co Accounts Payable Chart

Shandong Daye 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 2,560.04 1,347.59 1,552.09 1,569.30 1,464.32

Shandong Daye Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,592.37 1,653.13 1,464.32 1,599.84 1,343.01
SHSE:603278
66GF Score
Shandong Daye Co Ltd SHSE:603278
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Daye 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 ¥1,343 Mil mean?
Shandong Daye Co (SHSE:603278) has a Accounts Payable of ¥1,343 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 Shandong Daye Co and its competitors.
Is Shandong Daye Co's Accounts Payable too high?
Shandong Daye Co's current Accounts Payable is ¥1,343 Mil. Overall, Shandong Daye Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Daye Co's Accounts Payable compare to ATI and CRS?
Shandong Daye Co's Accounts Payable of ¥1,343 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 Shandong Daye Co and its competitors. Shandong Daye Co's current Accounts Payable is ¥1,343 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Daye Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Daye Co (SHSE:603278) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.49, compared to a current price of ¥9.36 — trading 25.1% below its estimated fair value. The current Accounts Payable is ¥1,343 Mil. Shandong Daye Co's overall GF Score™ is 66/100 with 10 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 Shandong Daye Co (SHSE:603278), the current Accounts Payable is ¥1,343 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.

Is Shandong Daye Co (SHSE:603278) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Daye Co stock appears to be undervalued. The current stock price of ¥9.36 is trading 25.1% below its estimated GF Value™ of ¥12.49. GuruFocus considers Shandong Daye Co to be Modestly Undervalued.

Key valuation signals for SHSE:603278:

  • Accounts Payable: ¥1,343 Mil
  • GF Value™: ¥12.49 vs. price of ¥9.36 (25.1% below fair value)
  • GF Score™: 66/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shandong Daye Co Business Description

Address Zhu Zhu Road, Xinxing Economic and Industrial Park, Shandong Province, Zhucheng, CHN, 262218
Shandong Daye Co Ltd is engaged in the bead wire, steel cord and hose wires. Its customers include tyre manufacturers such as ZC Rubber, Cheng xin, CST, Double Coin, and Aeolus Tyre. The company has established the National Rubber Frame Material Standard R&D Base, Petroleum and Chemical Industry High-Performance Bead Wire Research Center, and Shandong High-Performance Bead Wire Engineering.
66GF Score

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

¥9.36
Price
¥12.49
GF Value