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.
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.
Jiangsu King's Luck Brewery Joint-Stock Co's quarterly Accounts Payable
declined
from Dec. 2025 (¥1,918 Mil) to Mar. 2026 (¥1,692 Mil) and
declined
from Mar. 2026 (¥1,692 Mil) to Jun. 2026 (¥1,677 Mil).
Jiangsu King's Luck Brewery Joint-Stock Co's annual Accounts Payable
increased
from Dec. 2023 (¥1,170 Mil) to Dec. 2024 (¥1,882 Mil) and
increased
from Dec. 2024 (¥1,882 Mil) to Dec. 2025 (¥1,918 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.
Jiangsu King's Luck Brewery Joint-Stock Co Accounts Payable Chart
Jiangsu King's Luck Brewery Joint-Stock Co Annual Data
Jiangsu King's Luck Brewery Joint-Stock 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.
Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) has a Accounts Payable of ¥1,677 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors.
Is Jiangsu King's Luck Brewery Joint-Stock Co's Accounts Payable too high?
Jiangsu King's Luck Brewery Joint-Stock Co's current Accounts Payable is ¥1,677 Mil. Overall, Jiangsu King's Luck Brewery Joint-Stock Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu King's Luck Brewery Joint-Stock Co's Accounts Payable compare to BF.B?
Jiangsu King's Luck Brewery Joint-Stock Co's Accounts Payable of ¥1,677 Mil can be compared against companies in the Beverages - Alcoholic 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 a Beverages - Alcoholic company?
A good Accounts Payable depends on the Beverages - Alcoholic 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. Jiangsu King's Luck Brewery Joint-Stock Co's current Accounts Payable is ¥1,677 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu King's Luck Brewery Joint-Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥37.90, compared to a current price of ¥28.92 — trading 23.7% below its estimated fair value. The current Accounts Payable is ¥1,677 Mil. Jiangsu King's Luck Brewery Joint-Stock Co's overall GF Score™ is 98/100 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369), the current Accounts Payable is ¥1,677 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co stock appears to be undervalued.
The current stock price of ¥28.92 is trading 23.7% below its estimated GF Value™ of ¥37.90.
GuruFocus considers Jiangsu King's Luck Brewery Joint-Stock Co to be Modestly Undervalued.
Key valuation signals for SHSE:603369:
Accounts Payable: ¥1,677 Mil
GF Value™: ¥37.90 vs. price of ¥28.92 (23.7% below fair value)
No single metric tells the full story. See the SHSE:603369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu King's Luck Brewery Joint-Stock Co Ltd is a China-based company engaged in the manufacturing and distribution of liquor. The company markets its products under the Guoyuan, Jinshiyuan, and Gaogou brands. It also offers pre-packaged food. The company conducts its business mainly within Jiangsu province.
98GF Score
Get the complete analysis for SHSE:603369
Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603369 has been successfully added to your 
