Neway Valve (Suzhou) Co (SHSE:603699) Accounts Payable: ¥2,448 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:603699 Neway Valve (Suzhou) Co Ltd SHSE:603699
88 GF Score
Price ¥51.53
GF Value ¥32.48
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Neway Valve (Suzhou) Co Accounts Payable?

Neway Valve (Suzhou) Co SHSE:603699 -7.40% 88 Accounts Payable is ¥2,448 Mil as of Jun. 2026. GuruFocus rates SHSE:603699 with a GF Score™ of 88/100 and a GF Value™ of ¥32.48 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Neway Valve (Suzhou) Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥2,448 Mil.

Neway Valve (Suzhou) Co's quarterly Accounts Payable declined from Dec. 2025 (¥2,414 Mil) to Mar. 2026 (¥2,327 Mil) but then increased from Mar. 2026 (¥2,327 Mil) to Jun. 2026 (¥2,448 Mil).

Neway Valve (Suzhou) Co's annual Accounts Payable declined from Dec. 2023 (¥1,924 Mil) to Dec. 2024 (¥1,719 Mil) but then increased from Dec. 2024 (¥1,719 Mil) to Dec. 2025 (¥2,414 Mil).

Neway Valve (Suzhou) Co Accounts Payable Related Terms

Neway Valve (Suzhou) Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Neway Valve (Suzhou) 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.

Neway Valve (Suzhou) Co Accounts Payable Chart

Neway Valve (Suzhou) 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 1,328.61 1,658.55 1,923.53 1,718.80 2,414.21

Neway Valve (Suzhou) 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 1,999.56 2,326.34 2,414.21 2,327.14 2,447.82
SHSE:603699
88GF Score
Neway Valve (Suzhou) Co Ltd SHSE:603699
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neway Valve (Suzhou) 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 ¥2,448 Mil mean?
Neway Valve (Suzhou) Co (SHSE:603699) has a Accounts Payable of ¥2,448 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 Neway Valve (Suzhou) Co and its competitors.
Is Neway Valve (Suzhou) Co's Accounts Payable too high?
Neway Valve (Suzhou) Co's current Accounts Payable is ¥2,448 Mil. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's Accounts Payable compare to GEV and ETN?
Neway Valve (Suzhou) Co's Accounts Payable of ¥2,448 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 Neway Valve (Suzhou) Co and its competitors. Neway Valve (Suzhou) Co's current Accounts Payable is ¥2,448 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.48, compared to a current price of ¥51.53 — trading 58.7% above its estimated fair value. The current Accounts Payable is ¥2,448 Mil. Neway Valve (Suzhou) Co's overall GF Score™ is 88/100 with 3 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 Neway Valve (Suzhou) Co (SHSE:603699), the current Accounts Payable is ¥2,448 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?

Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued. The current stock price of ¥51.53 is trading 58.7% above its estimated GF Value™ of ¥32.48. GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.

Key valuation signals for SHSE:603699:

  • Accounts Payable: ¥2,448 Mil
  • GF Value™: ¥32.48 vs. price of ¥51.53 (58.7% above fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Neway Valve (Suzhou) Co Business Description

Address No.666 Taishan Road, New District, Suzhou, Jiangsu, CHN
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
88GF Score

Get the complete analysis for SHSE:603699

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

¥51.53
Price
¥32.48
GF Value