Nanjing CIGU Technology (SHSE:688448) Accounts Payable: ¥218.4 Mil (As of Mar. 2026)

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SHSE:688448 Nanjing CIGU Technology Corp Ltd SHSE:688448
69 GF Score
Price ¥45.93
GF Value ¥26.02
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nanjing CIGU Technology Accounts Payable?

Nanjing CIGU Technology SHSE:688448 -2.28% 69 Accounts Payable is ¥218.4 Mil as of Mar. 2026. GuruFocus rates SHSE:688448 with a GF Score™ of 69/100 and a GF Value™ of ¥26.02 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Nanjing CIGU Technology's Accounts Payable for the quarter that ended in Mar. 2026 was ¥218.4 Mil.

Nanjing CIGU Technology's quarterly Accounts Payable declined from Sep. 2025 (¥265.2 Mil) to Dec. 2025 (¥223.8 Mil) and declined from Dec. 2025 (¥223.8 Mil) to Mar. 2026 (¥218.4 Mil).

Nanjing CIGU Technology's annual Accounts Payable declined from Dec. 2023 (¥280.9 Mil) to Dec. 2024 (¥259.0 Mil) and declined from Dec. 2024 (¥259.0 Mil) to Dec. 2025 (¥223.8 Mil).

Nanjing CIGU Technology Accounts Payable Related Terms

Nanjing CIGU Technology Accounts Payable Historical Data

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The historical data trend for Nanjing CIGU Technology'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.

Nanjing CIGU Technology Accounts Payable Chart

Nanjing CIGU Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial 129.72 195.07 280.89 258.99 223.84

Nanjing CIGU Technology 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 203.19 223.42 265.24 223.84 218.39
SHSE:688448
69GF Score
Nanjing CIGU Technology Corp Ltd SHSE:688448
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing CIGU Technology 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 ¥218.4 Mil mean?
Nanjing CIGU Technology (SHSE:688448) has a Accounts Payable of ¥218.4 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 Nanjing CIGU Technology and its competitors.
Is Nanjing CIGU Technology's Accounts Payable too high?
Nanjing CIGU Technology's current Accounts Payable is ¥218.4 Mil. Overall, Nanjing CIGU Technology has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing CIGU Technology's Accounts Payable compare to GEV and ETN?
Nanjing CIGU Technology's Accounts Payable of ¥218.4 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 Nanjing CIGU Technology and its competitors. Nanjing CIGU Technology's current Accounts Payable is ¥218.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing CIGU Technology stock overvalued right now?
Based on GuruFocus' analysis, Nanjing CIGU Technology (SHSE:688448) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.02, compared to a current price of ¥45.93 — trading 76.5% above its estimated fair value. The current Accounts Payable is ¥218.4 Mil. Nanjing CIGU Technology's overall GF Score™ is 69/100 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 Nanjing CIGU Technology (SHSE:688448), the current Accounts Payable is ¥218.4 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 Nanjing CIGU Technology (SHSE:688448) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing CIGU Technology stock appears to be overvalued. The current stock price of ¥45.93 is trading 76.5% above its estimated GF Value™ of ¥26.02. GuruFocus considers Nanjing CIGU Technology to be Significantly Overvalued.

Key valuation signals for SHSE:688448:

  • Accounts Payable: ¥218.4 Mil
  • GF Value™: ¥26.02 vs. price of ¥45.93 (76.5% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688448 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nanjing CIGU Technology Business Description

Address No. 99, Jinxin Middle Road, Jiangsu Province (Jiangning Development Zone), iangning District, Nanjing, CHN, 211000
Nanjing CIGU Technology Corp Ltd is engaged in the research and development, production, and sales of magnetic levitation fluid machinery and magnetic levitation bearings, high-speed motors, high-speed drives, and other core components.
69GF Score

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

¥45.93
Price
¥26.02
GF Value