QuMei Home Furnishings Group Co (SHSE:603818) Other Current Payables: ¥316 Mil (As of Mar. 2026)

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.

SHSE:603818 QuMei Home Furnishings Group Co Ltd SHSE:603818
51 GF Score
Price ¥3.50
GF Value ¥3.70
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is QuMei Home Furnishings Group Co Other Current Payables?

QuMei Home Furnishings Group Co SHSE:603818 +2.34% 51 Other Current Payables is ¥316 Mil as of Mar. 2026. GuruFocus rates SHSE:603818 with a GF Score™ of 51/100 and a GF Value™ of ¥3.70 (Fairly Valued). The stock has 7 warning signs investors should review.

QuMei Home Furnishings Group Co's Other Current Payables for the quarter that ended in Mar. 2026 was ¥316 Mil.

QuMei Home Furnishings Group Co's quarterly Other Current Payables declined from Sep. 2025 (¥323 Mil) to Dec. 2025 (¥299 Mil) but then increased from Dec. 2025 (¥299 Mil) to Mar. 2026 (¥316 Mil).

QuMei Home Furnishings Group Co's annual Other Current Payables declined from Dec. 2023 (¥332 Mil) to Dec. 2024 (¥284 Mil) but then increased from Dec. 2024 (¥284 Mil) to Dec. 2025 (¥299 Mil).

QuMei Home Furnishings Group Co Other Current Payables Related Terms

QuMei Home Furnishings Group Co Other Current Payables Historical Data

* Premium members only.

The historical data trend for QuMei Home Furnishings Group Co's Other Current Payables 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.

QuMei Home Furnishings Group Co Other Current Payables Chart

QuMei Home Furnishings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Payables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 364.35 373.23 331.79 284.50 298.53

QuMei Home Furnishings Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Current Payables 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 324.30 322.56 323.06 298.53 315.67
SHSE:603818
51GF Score
QuMei Home Furnishings Group Co Ltd SHSE:603818
Other Current Payables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QuMei Home Furnishings Group Co Other Current Payables Calculation

Other Current Payables is the payables owed and expected to be paid within one year or one operating cycle that not otherwise classified. It includes dividends payable and all other current payables.

Frequently Asked Questions Learn more about Other Current Payables →
What does a Other Current Payables of ¥316 Mil mean?
QuMei Home Furnishings Group Co (SHSE:603818) has a Other Current Payables of ¥316 Mil as of Mar. 2026. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on QuMei Home Furnishings Group Co and its competitors.
Is QuMei Home Furnishings Group Co's Other Current Payables too high?
QuMei Home Furnishings Group Co's current Other Current Payables is ¥316 Mil. Overall, QuMei Home Furnishings Group Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does QuMei Home Furnishings Group Co's Other Current Payables compare to SN and SGI?
QuMei Home Furnishings Group Co's Other Current Payables of ¥316 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Payables for a Furnishings, Fixtures & Appliances company?
A good Other Current Payables depends on the Furnishings, Fixtures & Appliances industry context. However, Other Current Payables 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 Other Current Payables mean?
A high Other Current Payables can signal that a stock is expensive relative to its fundamentals. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on QuMei Home Furnishings Group Co and its competitors. QuMei Home Furnishings Group Co's current Other Current Payables is ¥316 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QuMei Home Furnishings Group Co stock overvalued right now?
Based on GuruFocus' analysis, QuMei Home Furnishings Group Co (SHSE:603818) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.70, compared to a current price of ¥3.50 — trading 5.4% below its estimated fair value. The current Other Current Payables is ¥316 Mil. QuMei Home Furnishings Group Co's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Payables calculated?
Other Current Payables is calculated from a company's financial statements. For QuMei Home Furnishings Group Co (SHSE:603818), the current Other Current Payables is ¥316 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 QuMei Home Furnishings Group Co (SHSE:603818) Overvalued in 2026?

Based on GuruFocus' analysis, QuMei Home Furnishings Group Co stock appears to be undervalued. The current stock price of ¥3.50 is trading 5.4% below its estimated GF Value™ of ¥3.70. GuruFocus considers QuMei Home Furnishings Group Co to be Fairly Valued.

Key valuation signals for SHSE:603818:

  • Other Current Payables: ¥316 Mil
  • GF Value™: ¥3.70 vs. price of ¥3.50 (5.4% below fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

QuMei Home Furnishings Group Co Business Description

Address No. 51, Wangjing North Road, Building 8, Chaoyang District, Beijing, CHN, 100102
QuMei Home Furnishings Group Co Ltd is mainly engaged in the design, production, and sales of medium and high-end civilian furniture and supporting household products, providing consumers with a whole home. It offers wooden furniture including solid wood furniture, man-made board furniture, and integrated furniture. Its products are divided into custom furniture, finished furniture and home accessories by category, divided into solid wood and board wood according to materials.
51GF Score

Get the complete analysis for SHSE:603818

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

¥3.50
Price
¥3.70
GF Value