Hexing Electrical Co (SHSE:603556) Accounts Payable: ¥1,404 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:603556 Hexing Electrical Co Ltd SHSE:603556
78 GF Score
Price ¥25.75
GF Value ¥39.11
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Hexing Electrical Co Accounts Payable?

Hexing Electrical Co SHSE:603556 -2.57% 78 Accounts Payable is ¥1,404 Mil as of Jun. 2026. GuruFocus rates SHSE:603556 with a GF Score™ of 78/100 and a GF Value™ of ¥39.11 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Hexing Electrical Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥1,404 Mil.

Hexing Electrical Co's quarterly Accounts Payable increased from Dec. 2025 (¥1,568 Mil) to Mar. 2026 (¥1,765 Mil) but then declined from Mar. 2026 (¥1,765 Mil) to Jun. 2026 (¥1,404 Mil).

Hexing Electrical Co's annual Accounts Payable increased from Dec. 2023 (¥881 Mil) to Dec. 2024 (¥937 Mil) and increased from Dec. 2024 (¥937 Mil) to Dec. 2025 (¥1,568 Mil).

Hexing Electrical Co Accounts Payable Related Terms

Hexing Electrical Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Hexing Electrical 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.

Hexing Electrical Co Accounts Payable Chart

Hexing Electrical 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 727.46 804.75 881.45 936.53 1,568.22

Hexing Electrical 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 1,177.05 1,494.61 1,568.22 1,765.02 1,403.92
SHSE:603556
78GF Score
Hexing Electrical Co Ltd SHSE:603556
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexing Electrical 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 ¥1,404 Mil mean?
Hexing Electrical Co (SHSE:603556) has a Accounts Payable of ¥1,404 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 Hexing Electrical Co and its competitors.
Is Hexing Electrical Co's Accounts Payable too high?
Hexing Electrical Co's current Accounts Payable is ¥1,404 Mil. Overall, Hexing Electrical Co has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexing Electrical Co's Accounts Payable compare to VRT and BE?
Hexing Electrical Co's Accounts Payable of ¥1,404 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 Hexing Electrical Co and its competitors. Hexing Electrical Co's current Accounts Payable is ¥1,404 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexing Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Hexing Electrical Co (SHSE:603556) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥39.11, compared to a current price of ¥25.75 — trading 34.2% below its estimated fair value. The current Accounts Payable is ¥1,404 Mil. Hexing Electrical Co's overall GF Score™ is 78/100 with 1 warning sign 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 Hexing Electrical Co (SHSE:603556), the current Accounts Payable is ¥1,404 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 Hexing Electrical Co (SHSE:603556) Overvalued in 2026?

Based on GuruFocus' analysis, Hexing Electrical Co stock appears to be undervalued. The current stock price of ¥25.75 is trading 34.2% below its estimated GF Value™ of ¥39.11. GuruFocus considers Hexing Electrical Co to be Significantly Undervalued.

Key valuation signals for SHSE:603556:

  • Accounts Payable: ¥1,404 Mil
  • GF Value™: ¥39.11 vs. price of ¥25.75 (34.2% below fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hexing Electrical Co Business Description

Address 1418-5 Moganshan Road, Shangcheng Industrial Zone, Hangzhou, CHN, 310011
Hexing Electrical Co Ltd is manufacturers and solution providers in smart metering products and systems. The company offers a product such as Gateway Communication Device, Smart Cluster Metering Cabinet, ANSI Meter Test Equipment, Conventional Meter Matrix and Smart Meter Matrix. Geographically operates through China.
78GF Score

Get the complete analysis for SHSE:603556

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

¥25.75
Price
¥39.11
GF Value