MayAir Technology (China) Co (SHSE:688376) Accounts Payable: ¥504 Mil (As of Mar. 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:688376 MayAir Technology (China) Co Ltd SHSE:688376
79 GF Score
Price ¥69.44
GF Value ¥57.97
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is MayAir Technology (China) Co Accounts Payable?

MayAir Technology (China) Co SHSE:688376 +1.02% 79 Accounts Payable is ¥504 Mil as of Mar. 2026. GuruFocus rates SHSE:688376 with a GF Score™ of 79/100 and a GF Value™ of ¥57.97 (Modestly Overvalued). The stock has 5 warning signs investors should review.

MayAir Technology (China) Co's Accounts Payable for the quarter that ended in Mar. 2026 was ¥504 Mil.

MayAir Technology (China) Co's quarterly Accounts Payable increased from Sep. 2025 (¥518 Mil) to Dec. 2025 (¥555 Mil) but then declined from Dec. 2025 (¥555 Mil) to Mar. 2026 (¥504 Mil).

MayAir Technology (China) Co's annual Accounts Payable increased from Dec. 2023 (¥506 Mil) to Dec. 2024 (¥584 Mil) but then declined from Dec. 2024 (¥584 Mil) to Dec. 2025 (¥555 Mil).


MayAir Technology (China) Co Accounts Payable Related Terms


MayAir Technology (China) Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for MayAir Technology (China) 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.

MayAir Technology (China) Co Accounts Payable Chart

MayAir Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only 293.47 359.32 505.88 584.43 554.54

MayAir Technology (China) Co Quarterly Data
Dec20 Mar21 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 552.67 579.97 517.93 554.54 503.93
SHSE:688376
79GF Score
MayAir Technology (China) Co Ltd SHSE:688376
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MayAir Technology (China) 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 ¥504 Mil mean?
MayAir Technology (China) Co (SHSE:688376) has a Accounts Payable of ¥504 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 MayAir Technology (China) Co and its competitors.
Is MayAir Technology (China) Co's Accounts Payable too high?
MayAir Technology (China) Co's current Accounts Payable is ¥504 Mil. Overall, MayAir Technology (China) Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MayAir Technology (China) Co's Accounts Payable compare to VLTO and ZWS?
MayAir Technology (China) Co's Accounts Payable of ¥504 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 MayAir Technology (China) Co and its competitors. MayAir Technology (China) Co's current Accounts Payable is ¥504 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MayAir Technology (China) Co stock overvalued right now?
Based on GuruFocus' analysis, MayAir Technology (China) Co (SHSE:688376) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥57.97, compared to a current price of ¥69.44 — trading 19.8% above its estimated fair value. The current Accounts Payable is ¥504 Mil. MayAir Technology (China) Co's overall GF Score™ is 79/100 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 MayAir Technology (China) Co (SHSE:688376), the current Accounts Payable is ¥504 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 MayAir Technology (China) Co (SHSE:688376) Overvalued in 2026?

Based on GuruFocus' analysis, MayAir Technology (China) Co stock appears to be overvalued. The current stock price of ¥69.44 is trading 19.8% above its estimated GF Value™ of ¥57.97. GuruFocus considers MayAir Technology (China) Co to be Modestly Overvalued.

Key valuation signals for SHSE:688376:

  • Accounts Payable: ¥504 Mil
  • GF Value™: ¥57.97 vs. price of ¥69.44 (19.8% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MayAir Technology (China) Co Business Description

Address No. 101 Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing, CHN, 211111
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.
79GF Score

Get the complete analysis for SHSE:688376

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

¥69.44
Price
¥57.97
GF Value