China Master Logistics Co (SHSE:603967) Accounts Payable: ¥869 Mil (As of Mar. 2026)

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SHSE:603967 China Master Logistics Co Ltd SHSE:603967
84 GF Score
Price ¥11.29
GF Value ¥10.95
Valuation Fairly Valued
! 3 Warning Signs
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What is China Master Logistics Co Accounts Payable?

China Master Logistics Co SHSE:603967 -3.59% 84 Accounts Payable is ¥869 Mil as of Mar. 2026. GuruFocus rates SHSE:603967 with a GF Score™ of 84/100 and a GF Value™ of ¥10.95 (Fairly Valued). The stock has 3 warning signs investors should review.

China Master Logistics Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥869 Mil.

China Master Logistics Co's quarterly Accounts Payable increased from Sep. 2025 (¥864 Mil) to Dec. 2025 (¥954 Mil) but then declined from Dec. 2025 (¥954 Mil) to Mar. 2026 (¥869 Mil).

China Master Logistics Co's annual Accounts Payable increased from Dec. 2023 (¥674 Mil) to Dec. 2024 (¥1,008 Mil) but then declined from Dec. 2024 (¥1,008 Mil) to Dec. 2025 (¥954 Mil).

China Master Logistics Co Accounts Payable Related Terms

China Master Logistics Co Accounts Payable Historical Data

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The historical data trend for China Master Logistics 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.

China Master Logistics Co Accounts Payable Chart

China Master Logistics 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 1,019.63 669.73 674.49 1,008.39 954.48

China Master Logistics 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 828.55 948.88 863.52 954.48 868.83
SHSE:603967
84GF Score
China Master Logistics Co Ltd SHSE:603967
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Master Logistics 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 ¥869 Mil mean?
China Master Logistics Co (SHSE:603967) has a Accounts Payable of ¥869 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 China Master Logistics Co and its competitors.
Is China Master Logistics Co's Accounts Payable too high?
China Master Logistics Co's current Accounts Payable is ¥869 Mil. Overall, China Master Logistics Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Master Logistics Co's Accounts Payable compare to UPS and FDX?
China Master Logistics Co's Accounts Payable of ¥869 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Accounts Payable depends on the Transportation 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 China Master Logistics Co and its competitors. China Master Logistics Co's current Accounts Payable is ¥869 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Master Logistics Co stock overvalued right now?
Based on GuruFocus' analysis, China Master Logistics Co (SHSE:603967) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.95, compared to a current price of ¥11.29 — trading 3.1% above its estimated fair value. The current Accounts Payable is ¥869 Mil. China Master Logistics Co's overall GF Score™ is 84/100 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 China Master Logistics Co (SHSE:603967), the current Accounts Payable is ¥869 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 China Master Logistics Co (SHSE:603967) Overvalued in 2026?

Based on GuruFocus' analysis, China Master Logistics Co stock appears to be overvalued. The current stock price of ¥11.29 is trading 3.1% above its estimated GF Value™ of ¥10.95. GuruFocus considers China Master Logistics Co to be Fairly Valued.

Key valuation signals for SHSE:603967:

  • Accounts Payable: ¥869 Mil
  • GF Value™: ¥10.95 vs. price of ¥11.29 (3.1% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Master Logistics Co Business Description

Address No.169 ShenZhen Road, 23rd Floor, Zhongchuang Building, Laoshan District, Shandong, Qingdao, CHN, 266100
China Master Logistics Co Ltd is an integrated logistics company. The business of company mainly covers freight forwarding, CFS services, shipping agency, coastal transportation, project logistics, commodity Logistics and other areas with the service network covering the majority ports such as Ningbo, Lianyungang, Rizhao, Rongcheng, Qingdao and others.
84GF Score

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

¥11.29
Price
¥10.95
GF Value