Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Accounts Payable: NT$410 Mil (As of Mar. 2026)

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TPE:9110 Vietnam Manufacturing and Export Processing (Holdings) Ltd TPE:9110
58 GF Score
Price NT$3.10
GF Value NT$5.22
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Vietnam Manufacturing and Export Processing (Holdings) Accounts Payable?

Vietnam Manufacturing and Export Processing (Holdings) TPE:9110 -1.27% 58 Accounts Payable is NT$410 Mil as of Mar. 2026. GuruFocus rates TPE:9110 with a GF Score™ of 58/100 and a GF Value™ of NT$5.22 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Vietnam Manufacturing and Export Processing (Holdings)'s Accounts Payable for the quarter that ended in Mar. 2026 was NT$410 Mil.

Vietnam Manufacturing and Export Processing (Holdings)'s quarterly Accounts Payable declined from Sep. 2025 (NT$596 Mil) to Dec. 2025 (NT$323 Mil) but then increased from Dec. 2025 (NT$323 Mil) to Mar. 2026 (NT$410 Mil).

Vietnam Manufacturing and Export Processing (Holdings)'s annual Accounts Payable increased from Dec. 2023 (NT$100 Mil) to Dec. 2024 (NT$522 Mil) but then declined from Dec. 2024 (NT$522 Mil) to Dec. 2025 (NT$323 Mil).

Vietnam Manufacturing and Export Processing (Holdings) Accounts Payable Related Terms

Vietnam Manufacturing and Export Processing (Holdings) Accounts Payable Historical Data

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The historical data trend for Vietnam Manufacturing and Export Processing (Holdings)'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.

Vietnam Manufacturing and Export Processing (Holdings) Accounts Payable Chart

Vietnam Manufacturing and Export Processing (Holdings) 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 462.64 788.59 99.91 522.39 323.46

Vietnam Manufacturing and Export Processing (Holdings) Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 622.08 678.81 596.37 323.46 409.88
TPE:9110
58GF Score
Vietnam Manufacturing and Export Processing (Holdings) Ltd TPE:9110
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vietnam Manufacturing and Export Processing (Holdings) 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$410 Mil mean?
Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) has a Accounts Payable of NT$410 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors.
Is Vietnam Manufacturing and Export Processing (Holdings)'s Accounts Payable too high?
Vietnam Manufacturing and Export Processing (Holdings)'s current Accounts Payable is NT$410 Mil. Overall, Vietnam Manufacturing and Export Processing (Holdings) has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Manufacturing and Export Processing (Holdings)'s Accounts Payable compare to BC and PII?
Vietnam Manufacturing and Export Processing (Holdings)'s Accounts Payable of NT$410 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors. Vietnam Manufacturing and Export Processing (Holdings)'s current Accounts Payable is NT$410 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Manufacturing and Export Processing (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$5.22, compared to a current price of NT$3.10 — trading 40.6% below its estimated fair value. The current Accounts Payable is NT$410 Mil. Vietnam Manufacturing and Export Processing (Holdings)'s overall GF Score™ is 58/100 with 3 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110), the current Accounts Payable is NT$410 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) stock appears to be undervalued. The current stock price of NT$3.10 is trading 40.6% below its estimated GF Value™ of NT$5.22. GuruFocus considers Vietnam Manufacturing and Export Processing (Holdings) to be Significantly Undervalued.

Key valuation signals for TPE:9110:

  • Accounts Payable: NT$410 Mil
  • GF Value™: NT$5.22 vs. price of NT$3.10 (40.6% below fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the TPE:9110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Vietnam Manufacturing and Export Processing (Holdings) Business Description

Other Exchanges 00422:Hong Kong
Address Section 5, Tam Hiep Ward, Dong Nai, Bien Hoa, VNM
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing; and Sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.
58GF Score

Get the complete analysis for TPE:9110

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

NT$3.10
Price
NT$5.22
GF Value