Hoymiles Power Electronics (SHSE:688032) Accounts Payable: ¥1,591 Mil (As of Mar. 2026)

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SHSE:688032 Hoymiles Power Electronics Inc SHSE:688032
81 GF Score
Price ¥78.73
GF Value ¥204.72
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Hoymiles Power Electronics Accounts Payable?

Hoymiles Power Electronics SHSE:688032 +0.24% 81 Accounts Payable is ¥1,591 Mil as of Mar. 2026. GuruFocus rates SHSE:688032 with a GF Score™ of 81/100 and a GF Value™ of ¥204.72 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Hoymiles Power Electronics's Accounts Payable for the quarter that ended in Mar. 2026 was ¥1,591 Mil.

Hoymiles Power Electronics's quarterly Accounts Payable increased from Sep. 2025 (¥573 Mil) to Dec. 2025 (¥902 Mil) and increased from Dec. 2025 (¥902 Mil) to Mar. 2026 (¥1,591 Mil).

Hoymiles Power Electronics's annual Accounts Payable increased from Dec. 2023 (¥522 Mil) to Dec. 2024 (¥1,208 Mil) but then declined from Dec. 2024 (¥1,208 Mil) to Dec. 2025 (¥902 Mil).

Hoymiles Power Electronics Accounts Payable Related Terms

Hoymiles Power Electronics Accounts Payable Historical Data

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The historical data trend for Hoymiles Power Electronics'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.

Hoymiles Power Electronics Accounts Payable Chart

Hoymiles Power Electronics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only 225.12 534.38 522.37 1,207.56 902.15

Hoymiles Power Electronics 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 659.87 663.15 573.19 902.15 1,591.13
SHSE:688032
81GF Score
Hoymiles Power Electronics Inc SHSE:688032
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoymiles Power Electronics 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 ¥1,591 Mil mean?
Hoymiles Power Electronics (SHSE:688032) has a Accounts Payable of ¥1,591 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 Hoymiles Power Electronics and its competitors.
Is Hoymiles Power Electronics' Accounts Payable too high?
Hoymiles Power Electronics' current Accounts Payable is ¥1,591 Mil. Overall, Hoymiles Power Electronics has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoymiles Power Electronics' Accounts Payable compare to VRT and BE?
Hoymiles Power Electronics' Accounts Payable of ¥1,591 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Accounts Payable depends on the Industrial Products 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 Hoymiles Power Electronics and its competitors. Hoymiles Power Electronics's current Accounts Payable is ¥1,591 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoymiles Power Electronics stock overvalued right now?
Based on GuruFocus' analysis, Hoymiles Power Electronics (SHSE:688032) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥204.72, compared to a current price of ¥78.73 — trading 61.5% below its estimated fair value. The current Accounts Payable is ¥1,591 Mil. Hoymiles Power Electronics' overall GF Score™ is 81/100 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 Hoymiles Power Electronics (SHSE:688032), the current Accounts Payable is ¥1,591 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 Hoymiles Power Electronics (SHSE:688032) Overvalued in 2026?

Based on GuruFocus' analysis, Hoymiles Power Electronics stock appears to be undervalued. The current stock price of ¥78.73 is trading 61.5% below its estimated GF Value™ of ¥204.72. GuruFocus considers Hoymiles Power Electronics to be Significantly Undervalued.

Key valuation signals for SHSE:688032:

  • Accounts Payable: ¥1,591 Mil
  • GF Value™: ¥204.72 vs. price of ¥78.73 (61.5% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hoymiles Power Electronics Business Description

Address No. 18 Kangjing Road, 3rd Floor, Building 11, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310015
Hoymiles Power Electronics Inc is engaged in the research and development, manufacturing, and sales of photovoltaic inverters and other power conversion equipment and electrical complete sets of equipment and related products.
81GF Score

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

¥78.73
Price
¥204.72
GF Value