Shanghai Smith Adhesive New Material Co (SHSE:603683) Accounts Payable: ¥384 Mil (As of Jun. 2026)

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SHSE:603683 Shanghai Smith Adhesive New Material Co Ltd SHSE:603683
67 GF Score
Price ¥15.99
GF Value ¥12.65
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shanghai Smith Adhesive New Material Co Accounts Payable?

Shanghai Smith Adhesive New Material Co SHSE:603683 -2.56% 67 Accounts Payable is ¥384 Mil as of Jun. 2026. GuruFocus rates SHSE:603683 with a GF Score™ of 67/100 and a GF Value™ of ¥12.65 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Shanghai Smith Adhesive New Material Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥384 Mil.

Shanghai Smith Adhesive New Material Co's quarterly Accounts Payable declined from Dec. 2025 (¥444 Mil) to Mar. 2026 (¥420 Mil) and declined from Mar. 2026 (¥420 Mil) to Jun. 2026 (¥384 Mil).

Shanghai Smith Adhesive New Material Co's annual Accounts Payable increased from Dec. 2023 (¥196 Mil) to Dec. 2024 (¥259 Mil) and increased from Dec. 2024 (¥259 Mil) to Dec. 2025 (¥444 Mil).

Shanghai Smith Adhesive New Material Co Accounts Payable Related Terms

Shanghai Smith Adhesive New Material Co Accounts Payable Historical Data

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The historical data trend for Shanghai Smith Adhesive New Material 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.

Shanghai Smith Adhesive New Material Co Accounts Payable Chart

Shanghai Smith Adhesive New Material 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 187.92 231.88 195.66 259.18 444.41

Shanghai Smith Adhesive New Material 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 366.66 383.96 444.41 419.84 383.52
SHSE:603683
67GF Score
Shanghai Smith Adhesive New Material Co Ltd SHSE:603683
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Smith Adhesive New Material 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 ¥384 Mil mean?
Shanghai Smith Adhesive New Material Co (SHSE:603683) has a Accounts Payable of ¥384 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 Shanghai Smith Adhesive New Material Co and its competitors.
Is Shanghai Smith Adhesive New Material Co's Accounts Payable too high?
Shanghai Smith Adhesive New Material Co's current Accounts Payable is ¥384 Mil. Overall, Shanghai Smith Adhesive New Material Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Smith Adhesive New Material Co's Accounts Payable compare to LIN and SHW?
Shanghai Smith Adhesive New Material Co's Accounts Payable of ¥384 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Accounts Payable depends on the Chemicals 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 Shanghai Smith Adhesive New Material Co and its competitors. Shanghai Smith Adhesive New Material Co's current Accounts Payable is ¥384 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Smith Adhesive New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Smith Adhesive New Material Co (SHSE:603683) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.65, compared to a current price of ¥15.99 — trading 26.4% above its estimated fair value. The current Accounts Payable is ¥384 Mil. Shanghai Smith Adhesive New Material Co's overall GF Score™ is 67/100 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 Shanghai Smith Adhesive New Material Co (SHSE:603683), the current Accounts Payable is ¥384 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 Shanghai Smith Adhesive New Material Co (SHSE:603683) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Smith Adhesive New Material Co stock appears to be overvalued. The current stock price of ¥15.99 is trading 26.4% above its estimated GF Value™ of ¥12.65. GuruFocus considers Shanghai Smith Adhesive New Material Co to be Modestly Overvalued.

Key valuation signals for SHSE:603683:

  • Accounts Payable: ¥384 Mil
  • GF Value™: ¥12.65 vs. price of ¥15.99 (26.4% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Smith Adhesive New Material Co Business Description

Address Qianfan Road, Room 1702, Building 8, Lane 237, Xinqiao Town, Songjiang District, Shanghai, CHN, 201600
Shanghai Smith Adhesive New Material Co Ltd is engaged in producing and manufacturing adhesive materials, including special paper, profile adhesive tape, electronic adhesive tape, cloth-based adhesive tape and other adhesive tape products. Its main products include masking tape, duct tape, rice tape, double-sided tape, foam tape, aluminum foil tape, kraft paper tape, bopp tape, covering tape and industrial tape. Products are widely used in various fields such as household, automotive, stationary, electronic and other fields.
67GF Score

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

¥15.99
Price
¥12.65
GF Value