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China Qinfa Group (HKSE:00866) Accounts Payable & Accrued Expense : HK$3,076 Mil (As of Dec. 2023)


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What is China Qinfa Group Accounts Payable & Accrued Expense?

China Qinfa Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$2,446 Mil) to Jun. 2023 (HK$2,473 Mil) and increased from Jun. 2023 (HK$2,473 Mil) to Dec. 2023 (HK$3,076 Mil).

China Qinfa Group's annual accounts payable & accrued expense declined from Dec. 2021 (HK$3,172 Mil) to Dec. 2022 (HK$2,446 Mil) but then increased from Dec. 2022 (HK$2,446 Mil) to Dec. 2023 (HK$3,076 Mil).


China Qinfa Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Qinfa Group's Accounts Payable & Accrued Expense 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.

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China Qinfa Group Accounts Payable & Accrued Expense Chart

China Qinfa Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,941.52 3,041.18 3,172.25 2,446.44 3,075.90

China Qinfa Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 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 3,172.25 2,517.05 2,446.44 2,473.23 3,075.90

China Qinfa Group Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


China Qinfa Group (HKSE:00866) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Pazhou Avenue East, Unit Nos. 2201 to 2208, Level 22, South Tower, Poly International Plaza, Haizhu District, Guangzhou, CHN
China Qinfa Group Ltd is a Hong-Kong based firm engaged in coal operation business involving coal mining, purchases and sales, filtering, storage, the blending of coal in the PRC, and shipping transportation. The company operates its business through two segments namely Coal and Shipping transportation segments. Coal business segment covers coal mining, purchases and sales, filtering, storage and blending of coal in the PRC, and Shipping transportation segment provides services of time charter and voyage charter of vessels. It has a business presence in the PRC and other countries, of which the majority of the revenue is generated within the PRC.
Executives
Xu Jihua 2201 Interest of corporation controlled by you
Fortune Pearl International Limited 2101 Beneficial owner
Yang Yuan Jin Tong Wu Liu You Xian Gong Si 2101 Beneficial owner
Xu Jihua 2201 Interest of corporation controlled by you
Fortune Pearl International Limited 2101 Beneficial owner

China Qinfa Group (HKSE:00866) Headlines

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