China National Electric Apparatus Research Institute Co (SHSE:688128) Accounts Payable: ¥1,064 Mil (As of Mar. 2026)

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SHSE:688128 China National Electric Apparatus Research Institute Co Ltd SHSE:688128
90 GF Score
Price ¥21.57
GF Value ¥25.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is China National Electric Apparatus Research Institute Co Accounts Payable?

China National Electric Apparatus Research Institute Co SHSE:688128 -1.73% 90 Accounts Payable is ¥1,064 Mil as of Mar. 2026. GuruFocus rates SHSE:688128 with a GF Score™ of 90/100 and a GF Value™ of ¥25.14 (Modestly Undervalued). The stock has 4 warning signs investors should review.

China National Electric Apparatus Research Institute Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥1,064 Mil.

China National Electric Apparatus Research Institute Co's quarterly Accounts Payable declined from Sep. 2025 (¥1,116 Mil) to Dec. 2025 (¥1,072 Mil) and declined from Dec. 2025 (¥1,072 Mil) to Mar. 2026 (¥1,064 Mil).

China National Electric Apparatus Research Institute Co's annual Accounts Payable declined from Dec. 2023 (¥1,244 Mil) to Dec. 2024 (¥1,004 Mil) but then increased from Dec. 2024 (¥1,004 Mil) to Dec. 2025 (¥1,072 Mil).


China National Electric Apparatus Research Institute Co Accounts Payable Related Terms


China National Electric Apparatus Research Institute Co Accounts Payable Historical Data

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The historical data trend for China National Electric Apparatus Research Institute 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 National Electric Apparatus Research Institute Co Accounts Payable Chart

China National Electric Apparatus Research Institute 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 1,038.90 1,300.46 1,244.38 1,003.57 1,071.82

China National Electric Apparatus Research Institute 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 1,005.32 1,088.63 1,115.53 1,071.82 1,064.43
SHSE:688128
90GF Score
China National Electric Apparatus Research Institute Co Ltd SHSE:688128
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China National Electric Apparatus Research Institute 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 ¥1,064 Mil mean?
China National Electric Apparatus Research Institute Co (SHSE:688128) has a Accounts Payable of ¥1,064 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 National Electric Apparatus Research Institute Co and its competitors.
Is China National Electric Apparatus Research Institute Co's Accounts Payable too high?
China National Electric Apparatus Research Institute Co's current Accounts Payable is ¥1,064 Mil. Overall, China National Electric Apparatus Research Institute Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China National Electric Apparatus Research Institute Co's Accounts Payable compare to VRT and BE?
China National Electric Apparatus Research Institute Co's Accounts Payable of ¥1,064 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 China National Electric Apparatus Research Institute Co and its competitors. China National Electric Apparatus Research Institute Co's current Accounts Payable is ¥1,064 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Electric Apparatus Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, China National Electric Apparatus Research Institute Co (SHSE:688128) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.14, compared to a current price of ¥21.57 — trading 14.2% below its estimated fair value. The current Accounts Payable is ¥1,064 Mil. China National Electric Apparatus Research Institute Co's overall GF Score™ is 90/100 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 China National Electric Apparatus Research Institute Co (SHSE:688128), the current Accounts Payable is ¥1,064 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 National Electric Apparatus Research Institute Co (SHSE:688128) Overvalued in 2026?

Based on GuruFocus' analysis, China National Electric Apparatus Research Institute Co stock appears to be undervalued. The current stock price of ¥21.57 is trading 14.2% below its estimated GF Value™ of ¥25.14. GuruFocus considers China National Electric Apparatus Research Institute Co to be Modestly Undervalued.

Key valuation signals for SHSE:688128:

  • Accounts Payable: ¥1,064 Mil
  • GF Value™: ¥25.14 vs. price of ¥21.57 (14.2% below fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China National Electric Apparatus Research Institute Co Business Description

Address No. 204, Xingang West Road, Building 1, Haizhu District, Guangdong, Guangzhou, CHN, 510399
China National Electric Apparatus Research Institute Co Ltd is a national innovative science-and-technology enterprise. It is characterized with an integration of three core business sectors namely scientific research and development, science and technology service, as well as science and technology industry.
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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥21.57
Price
¥25.14
GF Value