MGI Tech Co (SHSE:688114) Other Current Payables: ¥590 Mil (As of Mar. 2026)

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SHSE:688114 MGI Tech Co Ltd SHSE:688114
70 GF Score
Price ¥63.92
GF Value ¥60.22
Valuation Fairly Valued
! 4 Warning Signs
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What is MGI Tech Co Other Current Payables?

MGI Tech Co SHSE:688114 -1.66% 70 Other Current Payables is ¥590 Mil as of Mar. 2026. GuruFocus rates SHSE:688114 with a GF Score™ of 70/100 and a GF Value™ of ¥60.22 (Fairly Valued). The stock has 4 warning signs investors should review.

MGI Tech Co's Other Current Payables for the quarter that ended in Mar. 2026 was ¥590 Mil.

MGI Tech Co's quarterly Other Current Payables increased from Sep. 2025 (¥425 Mil) to Dec. 2025 (¥549 Mil) and increased from Dec. 2025 (¥549 Mil) to Mar. 2026 (¥590 Mil).

MGI Tech Co's annual Other Current Payables increased from Dec. 2023 (¥702 Mil) to Dec. 2024 (¥712 Mil) but then declined from Dec. 2024 (¥712 Mil) to Dec. 2025 (¥549 Mil).

MGI Tech Co Other Current Payables Related Terms

MGI Tech Co Other Current Payables Historical Data

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The historical data trend for MGI Tech 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.

MGI Tech Co Other Current Payables Chart

MGI Tech Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Payables
Get a 7-Day Free Trial Premium Member Only 393.78 445.65 702.33 711.89 549.41

MGI Tech 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 591.96 497.83 425.48 549.41 590.02
SHSE:688114
70GF Score
MGI Tech Co Ltd SHSE:688114
Other Current Payables is just one metric. See GF Score™, valuation, warning signs, and more.
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MGI Tech 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 ¥590 Mil mean?
MGI Tech Co (SHSE:688114) has a Other Current Payables of ¥590 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 MGI Tech Co and its competitors.
Is MGI Tech Co's Other Current Payables too high?
MGI Tech Co's current Other Current Payables is ¥590 Mil. Overall, MGI Tech Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGI Tech Co's Other Current Payables compare to ABT and SYK?
MGI Tech Co's Other Current Payables of ¥590 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Other Current Payables depends on the Medical Devices & Instruments 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 MGI Tech Co and its competitors. MGI Tech Co's current Other Current Payables is ¥590 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGI Tech Co stock overvalued right now?
Based on GuruFocus' analysis, MGI Tech Co (SHSE:688114) is currently considered Fairly Valued. The stock's GF Value™ is ¥60.22, compared to a current price of ¥63.92 — trading 6.1% above its estimated fair value. The current Other Current Payables is ¥590 Mil. MGI Tech Co's overall GF Score™ is 70/100 with 4 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 MGI Tech Co (SHSE:688114), the current Other Current Payables is ¥590 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 MGI Tech Co (SHSE:688114) Overvalued in 2026?

Based on GuruFocus' analysis, MGI Tech Co stock appears to be overvalued. The current stock price of ¥63.92 is trading 6.1% above its estimated GF Value™ of ¥60.22. GuruFocus considers MGI Tech Co to be Fairly Valued.

Key valuation signals for SHSE:688114:

  • Other Current Payables: ¥590 Mil
  • GF Value™: ¥60.22 vs. price of ¥63.92 (6.1% above fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MGI Tech Co Business Description

Address Beishan Industrial Zone, 2nd Floor, Comprehensive Building and Building 11, Yantian District, Guangdong Province, Shenzhen, CHN, 518083
MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare, and other relevant industries.
70GF Score

Get the complete analysis for SHSE:688114

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

¥63.92
Price
¥60.22
GF Value