Sobute New Materials Co (SHSE:603916) Accounts Payable: ¥476 Mil (As of Jun. 2026)

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SHSE:603916 Sobute New Materials Co Ltd SHSE:603916
79 GF Score
Price ¥11.49
GF Value ¥9.56
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Sobute New Materials Co Accounts Payable?

Sobute New Materials Co SHSE:603916 -3.20% 79 Accounts Payable is ¥476 Mil as of Jun. 2026. GuruFocus rates SHSE:603916 with a GF Score™ of 79/100 and a GF Value™ of ¥9.56 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Sobute New Materials Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥476 Mil.

Sobute New Materials Co's quarterly Accounts Payable declined from Dec. 2025 (¥552 Mil) to Mar. 2026 (¥407 Mil) but then increased from Mar. 2026 (¥407 Mil) to Jun. 2026 (¥476 Mil).

Sobute New Materials Co's annual Accounts Payable increased from Dec. 2023 (¥508 Mil) to Dec. 2024 (¥647 Mil) but then declined from Dec. 2024 (¥647 Mil) to Dec. 2025 (¥552 Mil).

Sobute New Materials Co Accounts Payable Related Terms

Sobute New Materials Co Accounts Payable Historical Data

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The historical data trend for Sobute New Materials 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.

Sobute New Materials Co Accounts Payable Chart

Sobute New Materials 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 1,362.86 839.37 508.30 646.71 552.44

Sobute New Materials 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 493.58 614.46 552.44 407.33 475.94
SHSE:603916
79GF Score
Sobute New Materials Co Ltd SHSE:603916
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sobute New Materials 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 ¥476 Mil mean?
Sobute New Materials Co (SHSE:603916) has a Accounts Payable of ¥476 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 Sobute New Materials Co and its competitors.
Is Sobute New Materials Co's Accounts Payable too high?
Sobute New Materials Co's current Accounts Payable is ¥476 Mil. Overall, Sobute New Materials Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sobute New Materials Co's Accounts Payable compare to CRH and MLM?
Sobute New Materials Co's Accounts Payable of ¥476 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Accounts Payable depends on the Building Materials 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 Sobute New Materials Co and its competitors. Sobute New Materials Co's current Accounts Payable is ¥476 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sobute New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Sobute New Materials Co (SHSE:603916) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.56, compared to a current price of ¥11.49 — trading 20.2% above its estimated fair value. The current Accounts Payable is ¥476 Mil. Sobute New Materials Co's overall GF Score™ is 79/100 with 6 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 Sobute New Materials Co (SHSE:603916), the current Accounts Payable is ¥476 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 Sobute New Materials Co (SHSE:603916) Overvalued in 2026?

Based on GuruFocus' analysis, Sobute New Materials Co stock appears to be overvalued. The current stock price of ¥11.49 is trading 20.2% above its estimated GF Value™ of ¥9.56. GuruFocus considers Sobute New Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:603916:

  • Accounts Payable: ¥476 Mil
  • GF Value™: ¥9.56 vs. price of ¥11.49 (20.2% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sobute New Materials Co Business Description

Address Chun Street Liquan Road 118, Jiangning District, Nanjing, CHN, 211100
Sobute New Materials Co Ltd is a civil engineering material supplier. It is engaged in the research and development, production and sales of concrete admixtures. The company's products include Cement and concrete admixtures; Grouting material; Road construction material; and Building fiber.
79GF Score

Get the complete analysis for SHSE:603916

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

¥11.49
Price
¥9.56
GF Value