Shining Victory Motor Electronic Co (TPE:2248) Accounts Payable: NT$590 Mil (As of Dec. 2025)

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TPE:2248 Shining Victory Motor Electronic Co Ltd TPE:2248
86 GF Score
Price NT$66.00
GF Value NT$56.22
Valuation Fairly Valued
! 6 Warning Signs
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What is Shining Victory Motor Electronic Co Accounts Payable?

Shining Victory Motor Electronic Co TPE:2248 +9.84% 86 Accounts Payable is NT$590 Mil as of Dec. 2025. GuruFocus rates TPE:2248 with a GF Score™ of 86/100 and a GF Value™ of NT$56.22 (Fairly Valued). The stock has 6 warning signs investors should review.

Shining Victory Motor Electronic Co's Accounts Payable for the quarter that ended in Dec. 2025 was NT$590 Mil.

Shining Victory Motor Electronic Co's quarterly Accounts Payable increased from Jun. 2025 (NT$394 Mil) to Sep. 2025 (NT$499 Mil) and increased from Sep. 2025 (NT$499 Mil) to Dec. 2025 (NT$590 Mil).

Shining Victory Motor Electronic Co's annual Accounts Payable increased from Dec. 2023 (NT$479 Mil) to Dec. 2024 (NT$520 Mil) and increased from Dec. 2024 (NT$520 Mil) to Dec. 2025 (NT$590 Mil).

Shining Victory Motor Electronic Co Accounts Payable Related Terms

Shining Victory Motor Electronic Co Accounts Payable Historical Data

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The historical data trend for Shining Victory Motor Electronic 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.

Shining Victory Motor Electronic Co Accounts Payable Chart

Shining Victory Motor Electronic 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 163.58 394.53 478.85 520.24 590.21

Shining Victory Motor Electronic Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 520.24 424.51 393.82 498.51 590.21
TPE:2248
86GF Score
Shining Victory Motor Electronic Co Ltd TPE:2248
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shining Victory Motor Electronic 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$590 Mil mean?
Shining Victory Motor Electronic Co (TPE:2248) has a Accounts Payable of NT$590 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 Shining Victory Motor Electronic Co and its competitors.
Is Shining Victory Motor Electronic Co's Accounts Payable too high?
Shining Victory Motor Electronic Co's current Accounts Payable is NT$590 Mil. Overall, Shining Victory Motor Electronic Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shining Victory Motor Electronic Co's Accounts Payable compare to ORLY and AZO?
Shining Victory Motor Electronic Co's Accounts Payable of NT$590 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Accounts Payable depends on the Vehicles & Parts 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 Shining Victory Motor Electronic Co and its competitors. Shining Victory Motor Electronic Co's current Accounts Payable is NT$590 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Victory Motor Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Victory Motor Electronic Co (TPE:2248) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.22, compared to a current price of NT$66.00 — trading 17.4% above its estimated fair value. The current Accounts Payable is NT$590 Mil. Shining Victory Motor Electronic Co's overall GF Score™ is 86/100 with 6 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 Shining Victory Motor Electronic Co (TPE:2248), the current Accounts Payable is NT$590 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 Shining Victory Motor Electronic Co (TPE:2248) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Victory Motor Electronic Co stock appears to be overvalued. The current stock price of NT$66.00 is trading 17.4% above its estimated GF Value™ of NT$56.22. GuruFocus considers Shining Victory Motor Electronic Co to be Fairly Valued.

Key valuation signals for TPE:2248:

  • Accounts Payable: NT$590 Mil
  • GF Value™: NT$56.22 vs. price of NT$66.00 (17.4% above fair value)
  • GF Score™: 86/100 with 6 warning signs

No single metric tells the full story. See the TPE:2248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shining Victory Motor Electronic Co Business Description

Address The Grand Pavilion Commercial Centre, Oleander Way, 802 West Bay Road, P.O. Box 32052, Grand Cayman, CYM, KY1-1208
Shining Victory Motor Electronic Co Ltd is engaged in the manufacturing and sale of automotive LED interior lighting, interior and exterior decoration, LED automotive lamps, and other automotive parts. The Company is also involved in the production and sales of auto and motorcycle molds, design and manufacture of jigs, assembly of automotive electronic components, production of automotive electronics components, and sales of automobile electronic components. The company mainly operates in China, Thailand, Mexico, and the United States, with China deriving maximum revenue.
86GF Score

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

NT$66.00
Price
NT$56.22
GF Value