Sheng Yu Steel Co (TPE:2029) Accounts Payable: NT$243 Mil (As of Dec. 2025)

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.

TPE:2029 Sheng Yu Steel Co Ltd TPE:2029
85 GF Score
Price NT$20.50
GF Value NT$26.51
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Sheng Yu Steel Co Accounts Payable?

Sheng Yu Steel Co TPE:2029 -1.20% 85 Accounts Payable is NT$243 Mil as of Dec. 2025. GuruFocus rates TPE:2029 with a GF Score™ of 85/100 and a GF Value™ of NT$26.51 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Sheng Yu Steel Co's Accounts Payable for the quarter that ended in Dec. 2025 was NT$243 Mil.

Sheng Yu Steel Co's quarterly Accounts Payable declined from Jun. 2025 (NT$322 Mil) to Sep. 2025 (NT$314 Mil) and declined from Sep. 2025 (NT$314 Mil) to Dec. 2025 (NT$243 Mil).

Sheng Yu Steel Co's annual Accounts Payable increased from Dec. 2023 (NT$294 Mil) to Dec. 2024 (NT$346 Mil) but then declined from Dec. 2024 (NT$346 Mil) to Dec. 2025 (NT$243 Mil).

Sheng Yu Steel Co Accounts Payable Related Terms

Sheng Yu Steel Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Sheng Yu Steel 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.

Sheng Yu Steel Co Accounts Payable Chart

Sheng Yu Steel 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 366.81 241.34 293.89 346.21 242.79

Sheng Yu Steel Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 346.21 370.43 322.03 313.73 242.79
TPE:2029
85GF Score
Sheng Yu Steel Co Ltd TPE:2029
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sheng Yu Steel 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 NT$243 Mil mean?
Sheng Yu Steel Co (TPE:2029) has a Accounts Payable of NT$243 Mil as of Dec. 2025. 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 Sheng Yu Steel Co and its competitors.
Is Sheng Yu Steel Co's Accounts Payable too high?
Sheng Yu Steel Co's current Accounts Payable is NT$243 Mil. Overall, Sheng Yu Steel Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Yu Steel Co's Accounts Payable compare to NUE and STLD?
Sheng Yu Steel Co's Accounts Payable of NT$243 Mil can be compared against companies in the Steel 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 Steel company?
A good Accounts Payable depends on the Steel 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 Sheng Yu Steel Co and its competitors. Sheng Yu Steel Co's current Accounts Payable is NT$243 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Yu Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Sheng Yu Steel Co (TPE:2029) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.51, compared to a current price of NT$20.50 — trading 22.7% below its estimated fair value. The current Accounts Payable is NT$243 Mil. Sheng Yu Steel Co's overall GF Score™ is 85/100 with 8 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 Sheng Yu Steel Co (TPE:2029), the current Accounts Payable is NT$243 Mil as of Dec. 2025. 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 Sheng Yu Steel Co (TPE:2029) Overvalued in 2026?

Based on GuruFocus' analysis, Sheng Yu Steel Co stock appears to be undervalued. The current stock price of NT$20.50 is trading 22.7% below its estimated GF Value™ of NT$26.51. GuruFocus considers Sheng Yu Steel Co to be Modestly Undervalued.

Key valuation signals for TPE:2029:

  • Accounts Payable: NT$243 Mil
  • GF Value™: NT$26.51 vs. price of NT$20.50 (22.7% below fair value)
  • GF Score™: 85/100 with 8 warning signs

No single metric tells the full story. See the TPE:2029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sheng Yu Steel Co Business Description

Address No.11, Zhonglin Road, Xiaogang District, Kaohsiung, TWN, 812039
Sheng Yu Steel Co Ltd is engaged in the steel industry. The company manufactures, processes, and sells cold-rolled, galvanized, and prepainted steel coils. The company also purchases and resells various steel products.
85GF Score

Get the complete analysis for TPE:2029

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

NT$20.50
Price
NT$26.51
GF Value