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China Resources Microelectronics's quarterly Accounts Payable
increased
from Sep. 2025 (¥1,502 Mil) to Dec. 2025 (¥1,604 Mil) and
increased
from Dec. 2025 (¥1,604 Mil) to Mar. 2026 (¥1,624 Mil).
China Resources Microelectronics's annual Accounts Payable
increased
from Dec. 2023 (¥1,182 Mil) to Dec. 2024 (¥1,324 Mil) and
increased
from Dec. 2024 (¥1,324 Mil) to Dec. 2025 (¥1,604 Mil).
* 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 Resources Microelectronics Accounts Payable Chart
China Resources Microelectronics 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.
China Resources Microelectronics (SHSE:688396) has a Accounts Payable of ¥1,624 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 Resources Microelectronics and its competitors.
Is China Resources Microelectronics' Accounts Payable too high?
China Resources Microelectronics' current Accounts Payable is ¥1,624 Mil. Overall, China Resources Microelectronics has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Resources Microelectronics' Accounts Payable compare to NVDA and AVGO?
China Resources Microelectronics' Accounts Payable of ¥1,624 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Accounts Payable depends on the Semiconductors 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 Resources Microelectronics and its competitors. China Resources Microelectronics's current Accounts Payable is ¥1,624 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, China Resources Microelectronics (SHSE:688396) is currently considered Fairly Valued. The stock's GF Value™ is ¥56.78, compared to a current price of ¥54.30 — trading 4.4% below its estimated fair value. The current Accounts Payable is ¥1,624 Mil. China Resources Microelectronics' overall GF Score™ is 86/100 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 China Resources Microelectronics (SHSE:688396), the current Accounts Payable is ¥1,624 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 Resources Microelectronics (SHSE:688396) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Microelectronics stock appears to be undervalued.
The current stock price of ¥54.30 is trading 4.4% below its estimated GF Value™ of ¥56.78.
GuruFocus considers China Resources Microelectronics to be Fairly Valued.
Key valuation signals for SHSE:688396:
Accounts Payable: ¥1,624 Mil
GF Value™: ¥56.78 vs. price of ¥54.30 (4.4% below fair value)
No single metric tells the full story. See the SHSE:688396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Microelectronics Ltd is engaged in designing, producing, and selling power semiconductors, smart sensors and smart control products, as well as providing open wafer manufacturing, packaging and testing, and other manufacturing services.
86GF Score
Get the complete analysis for SHSE:688396
Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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