Henan Thinker Automatic Equipment Co (SHSE:603508) Accounts Payable: ¥146 Mil (As of Jun. 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:603508 Henan Thinker Automatic Equipment Co Ltd SHSE:603508
65 GF Score
Price ¥21.54
GF Value ¥28.25
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Henan Thinker Automatic Equipment Co Accounts Payable?

Henan Thinker Automatic Equipment Co SHSE:603508 +0.94% 65 Accounts Payable is ¥146 Mil as of Jun. 2026. GuruFocus rates SHSE:603508 with a GF Score™ of 65/100 and a GF Value™ of ¥28.25 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Henan Thinker Automatic Equipment Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥146 Mil.

Henan Thinker Automatic Equipment Co's quarterly Accounts Payable increased from Dec. 2025 (¥156 Mil) to Mar. 2026 (¥170 Mil) but then declined from Mar. 2026 (¥170 Mil) to Jun. 2026 (¥146 Mil).

Henan Thinker Automatic Equipment Co's annual Accounts Payable increased from Dec. 2023 (¥171 Mil) to Dec. 2024 (¥171 Mil) but then declined from Dec. 2024 (¥171 Mil) to Dec. 2025 (¥156 Mil).

Henan Thinker Automatic Equipment Co Accounts Payable Related Terms

Henan Thinker Automatic Equipment Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Henan Thinker Automatic 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.

Henan Thinker Automatic Equipment Co Accounts Payable Chart

Henan Thinker Automatic 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 131.11 152.19 171.32 171.37 156.17

Henan Thinker Automatic Equipment 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 139.32 144.95 156.17 170.33 146.00
SHSE:603508
65GF Score
Henan Thinker Automatic Equipment Co Ltd SHSE:603508
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Thinker Automatic 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 ¥146 Mil mean?
Henan Thinker Automatic Equipment Co (SHSE:603508) has a Accounts Payable of ¥146 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 Henan Thinker Automatic Equipment Co and its competitors.
Is Henan Thinker Automatic Equipment Co's Accounts Payable too high?
Henan Thinker Automatic Equipment Co's current Accounts Payable is ¥146 Mil. Overall, Henan Thinker Automatic Equipment Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Thinker Automatic Equipment Co's Accounts Payable compare to GRMN and COHR?
Henan Thinker Automatic Equipment Co's Accounts Payable of ¥146 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accounts Payable depends on the Hardware 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 Henan Thinker Automatic Equipment Co and its competitors. Henan Thinker Automatic Equipment Co's current Accounts Payable is ¥146 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Thinker Automatic Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co (SHSE:603508) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥28.25, compared to a current price of ¥21.54 — trading 23.8% below its estimated fair value. The current Accounts Payable is ¥146 Mil. Henan Thinker Automatic Equipment Co's overall GF Score™ is 65/100 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 Henan Thinker Automatic Equipment Co (SHSE:603508), the current Accounts Payable is ¥146 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 Henan Thinker Automatic Equipment Co (SHSE:603508) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co stock appears to be undervalued. The current stock price of ¥21.54 is trading 23.8% below its estimated GF Value™ of ¥28.25. GuruFocus considers Henan Thinker Automatic Equipment Co to be Modestly Undervalued.

Key valuation signals for SHSE:603508:

  • Accounts Payable: ¥146 Mil
  • GF Value™: ¥28.25 vs. price of ¥21.54 (23.8% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Henan Thinker Automatic Equipment Co Business Description

Address No. 97, Science Avenue, High-tech Zone, Henan Province, Zhengzhou, CHN, 450001
Henan Thinker Automatic Equipment Co Ltd is engaged in Software and IT services. Its products include LKJ2000 train running monitor device, Wireless Shunting Locomotive Signaling and monitoring systems, and among others.
65GF Score

Get the complete analysis for SHSE:603508

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

¥21.54
Price
¥28.25
GF Value