Ningbo Shimao Energy Co (SHSE:605028) Accounts Payable: ¥55.5 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:605028 Ningbo Shimao Energy Co Ltd SHSE:605028
74 GF Score
Price ¥24.02
GF Value ¥16.34
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ningbo Shimao Energy Co Accounts Payable?

Ningbo Shimao Energy Co SHSE:605028 -2.24% 74 Accounts Payable is ¥55.5 Mil as of Jun. 2026. GuruFocus rates SHSE:605028 with a GF Score™ of 74/100 and a GF Value™ of ¥16.34 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Ningbo Shimao Energy Co's Accounts Payable for the quarter that ended in Jun. 2026 was ¥55.5 Mil.

Ningbo Shimao Energy Co's quarterly Accounts Payable declined from Dec. 2025 (¥73.8 Mil) to Mar. 2026 (¥50.9 Mil) but then increased from Mar. 2026 (¥50.9 Mil) to Jun. 2026 (¥55.5 Mil).

Ningbo Shimao Energy Co's annual Accounts Payable declined from Dec. 2023 (¥125.2 Mil) to Dec. 2024 (¥108.2 Mil) and declined from Dec. 2024 (¥108.2 Mil) to Dec. 2025 (¥73.8 Mil).

Ningbo Shimao Energy Co Accounts Payable Related Terms

Ningbo Shimao Energy Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Ningbo Shimao Energy 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.

Ningbo Shimao Energy Co Accounts Payable Chart

Ningbo Shimao Energy 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 30.50 78.64 125.20 108.21 73.83

Ningbo Shimao Energy 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 87.09 91.61 73.83 50.86 55.47
SHSE:605028
74GF Score
Ningbo Shimao Energy Co Ltd SHSE:605028
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Shimao Energy 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 ¥55.5 Mil mean?
Ningbo Shimao Energy Co (SHSE:605028) has a Accounts Payable of ¥55.5 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 Ningbo Shimao Energy Co and its competitors.
Is Ningbo Shimao Energy Co's Accounts Payable too high?
Ningbo Shimao Energy Co's current Accounts Payable is ¥55.5 Mil. Overall, Ningbo Shimao Energy Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shimao Energy Co's Accounts Payable compare to competitors?
Ningbo Shimao Energy Co's Accounts Payable of ¥55.5 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Accounts Payable depends on the Utilities - Independent Power Producers 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 Ningbo Shimao Energy Co and its competitors. Ningbo Shimao Energy Co's current Accounts Payable is ¥55.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shimao Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Shimao Energy Co (SHSE:605028) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.34, compared to a current price of ¥24.02 — trading 47% above its estimated fair value. The current Accounts Payable is ¥55.5 Mil. Ningbo Shimao Energy Co's overall GF Score™ is 74/100 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 Ningbo Shimao Energy Co (SHSE:605028), the current Accounts Payable is ¥55.5 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 Ningbo Shimao Energy Co (SHSE:605028) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Shimao Energy Co stock appears to be overvalued. The current stock price of ¥24.02 is trading 47% above its estimated GF Value™ of ¥16.34. GuruFocus considers Ningbo Shimao Energy Co to be Significantly Overvalued.

Key valuation signals for SHSE:605028:

  • Accounts Payable: ¥55.5 Mil
  • GF Value™: ¥16.34 vs. price of ¥24.02 (47% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SHSE:605028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Shimao Energy Co Business Description

Address No. 8, Guangxing Road, Binhai Industrial Park, Xiaocao\'e Town, Zhejiang Province, Yuyao, CHN, 315475
Ningbo Shimao Energy Co Ltd is a cogeneration company with domestic waste and coal as the main raw materials. It provides central heating for the Sino-Italian Ningbo Ecological Park and the surrounding electroplating and food parks for the only regional cogeneration company in the area.
74GF Score

Get the complete analysis for SHSE:605028

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

¥24.02
Price
¥16.34
GF Value