Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) Accounts Payable: ¥48.6 Mil (As of Mar. 2026)

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SHSE:688011 Harbin Xinguang Optic-Electronics Technology Co Ltd SHSE:688011
58 GF Score
Price ¥82.35
GF Value ¥20.49
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Harbin Xinguang Optic-Electronics Technology Co Accounts Payable?

Harbin Xinguang Optic-Electronics Technology Co SHSE:688011 -6.79% 58 Accounts Payable is ¥48.6 Mil as of Mar. 2026. GuruFocus rates SHSE:688011 with a GF Score™ of 58/100 and a GF Value™ of ¥20.49 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Harbin Xinguang Optic-Electronics Technology Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥48.6 Mil.

Harbin Xinguang Optic-Electronics Technology Co's quarterly Accounts Payable increased from Sep. 2025 (¥36.4 Mil) to Dec. 2025 (¥44.7 Mil) and increased from Dec. 2025 (¥44.7 Mil) to Mar. 2026 (¥48.6 Mil).

Harbin Xinguang Optic-Electronics Technology Co's annual Accounts Payable increased from Dec. 2023 (¥40.7 Mil) to Dec. 2024 (¥56.6 Mil) but then declined from Dec. 2024 (¥56.6 Mil) to Dec. 2025 (¥44.7 Mil).

Harbin Xinguang Optic-Electronics Technology Co Accounts Payable Related Terms

Harbin Xinguang Optic-Electronics Technology Co Accounts Payable Historical Data

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The historical data trend for Harbin Xinguang Optic-Electronics 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.

Harbin Xinguang Optic-Electronics Technology Co Accounts Payable Chart

Harbin Xinguang Optic-Electronics 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 37.18 49.24 40.74 56.63 44.68

Harbin Xinguang Optic-Electronics 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 41.48 38.77 36.44 44.68 48.60
SHSE:688011
58GF Score
Harbin Xinguang Optic-Electronics Technology Co Ltd SHSE:688011
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Harbin Xinguang Optic-Electronics 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 ¥48.6 Mil mean?
Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) has a Accounts Payable of ¥48.6 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 Harbin Xinguang Optic-Electronics Technology Co and its competitors.
Is Harbin Xinguang Optic-Electronics Technology Co's Accounts Payable too high?
Harbin Xinguang Optic-Electronics Technology Co's current Accounts Payable is ¥48.6 Mil. Overall, Harbin Xinguang Optic-Electronics Technology Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbin Xinguang Optic-Electronics Technology Co's Accounts Payable compare to APH and GLW?
Harbin Xinguang Optic-Electronics Technology Co's Accounts Payable of ¥48.6 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accounts Payable depends on the Hardware 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 Harbin Xinguang Optic-Electronics Technology Co and its competitors. Harbin Xinguang Optic-Electronics Technology Co's current Accounts Payable is ¥48.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Xinguang Optic-Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥20.49, compared to a current price of ¥82.35 — trading 301.9% above its estimated fair value. The current Accounts Payable is ¥48.6 Mil. Harbin Xinguang Optic-Electronics Technology Co's overall GF Score™ is 58/100 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 Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011), the current Accounts Payable is ¥48.6 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 Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) Overvalued in 2026?

Based on GuruFocus' analysis, Harbin Xinguang Optic-Electronics Technology Co stock appears to be overvalued. The current stock price of ¥82.35 is trading 301.9% above its estimated GF Value™ of ¥20.49. GuruFocus considers Harbin Xinguang Optic-Electronics Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688011:

  • Accounts Payable: ¥48.6 Mil
  • GF Value™: ¥20.49 vs. price of ¥82.35 (301.9% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Harbin Xinguang Optic-Electronics Technology Co Business Description

Address No. 1294, Innovation Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028
Harbin Xinguang Optic-Electronics Technology Co Ltd is engaged in providing high-precision components, devices, systems and solutions for optical targets and scene simulation, optical guidance, optoelectronic-specific testing and laser countermeasures.
58GF Score

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

¥82.35
Price
¥20.49
GF Value