Suzhou Xingye Materials Technology Co (SHSE:603928) Accounts Payable: ¥174 Mil (As of Mar. 2026)

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SHSE:603928 Suzhou Xingye Materials Technology Co Ltd SHSE:603928
71 GF Score
Price ¥12.07
GF Value ¥7.65
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Suzhou Xingye Materials Technology Co Accounts Payable?

Suzhou Xingye Materials Technology Co SHSE:603928 -1.55% 71 Accounts Payable is ¥174 Mil as of Mar. 2026. GuruFocus rates SHSE:603928 with a GF Score™ of 71/100 and a GF Value™ of ¥7.65 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Suzhou Xingye Materials Technology Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥174 Mil.

Suzhou Xingye Materials Technology Co's quarterly Accounts Payable declined from Sep. 2025 (¥195 Mil) to Dec. 2025 (¥152 Mil) but then increased from Dec. 2025 (¥152 Mil) to Mar. 2026 (¥174 Mil).

Suzhou Xingye Materials Technology Co's annual Accounts Payable increased from Dec. 2023 (¥154 Mil) to Dec. 2024 (¥166 Mil) but then declined from Dec. 2024 (¥166 Mil) to Dec. 2025 (¥152 Mil).

Suzhou Xingye Materials Technology Co Accounts Payable Related Terms

Suzhou Xingye Materials Technology Co Accounts Payable Historical Data

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The historical data trend for Suzhou Xingye Materials Technology 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.

Suzhou Xingye Materials Technology Co Accounts Payable Chart

Suzhou Xingye Materials Technology 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 307.25 197.42 154.40 165.76 152.08

Suzhou Xingye Materials Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 221.90 231.23 194.86 152.08 173.85
SHSE:603928
71GF Score
Suzhou Xingye Materials Technology Co Ltd SHSE:603928
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Suzhou Xingye Materials Technology 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 ¥174 Mil mean?
Suzhou Xingye Materials Technology Co (SHSE:603928) has a Accounts Payable of ¥174 Mil as of Mar. 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 Suzhou Xingye Materials Technology Co and its competitors.
Is Suzhou Xingye Materials Technology Co's Accounts Payable too high?
Suzhou Xingye Materials Technology Co's current Accounts Payable is ¥174 Mil. Overall, Suzhou Xingye Materials Technology Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Xingye Materials Technology Co's Accounts Payable compare to LIN and SHW?
Suzhou Xingye Materials Technology Co's Accounts Payable of ¥174 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 Suzhou Xingye Materials Technology Co and its competitors. Suzhou Xingye Materials Technology Co's current Accounts Payable is ¥174 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Xingye Materials Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Xingye Materials Technology Co (SHSE:603928) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.65, compared to a current price of ¥12.07 — trading 57.8% above its estimated fair value. The current Accounts Payable is ¥174 Mil. Suzhou Xingye Materials Technology Co's overall GF Score™ is 71/100 with 4 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 Suzhou Xingye Materials Technology Co (SHSE:603928), the current Accounts Payable is ¥174 Mil as of Mar. 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 Suzhou Xingye Materials Technology Co (SHSE:603928) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Xingye Materials Technology Co stock appears to be overvalued. The current stock price of ¥12.07 is trading 57.8% above its estimated GF Value™ of ¥7.65. GuruFocus considers Suzhou Xingye Materials Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603928:

  • Accounts Payable: ¥174 Mil
  • GF Value™: ¥7.65 vs. price of ¥12.07 (57.8% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Suzhou Xingye Materials Technology Co Business Description

Address No. 15, Daoan Road, Huguan Industrial Park, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215151
Suzhou Xingye Materials Technology Co Ltd is engaged in research, development and production of functional new materials, especially foundry materials. It offers traditional cold box, phenolic urethane and cast aluminium.
71GF Score

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

¥12.07
Price
¥7.65
GF Value