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Zhongliang Holdings Group Co (HKSE:02772) Accounts Payable & Accrued Expense : HK$71,950 Mil (As of Dec. 2023)


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What is Zhongliang Holdings Group Co Accounts Payable & Accrued Expense?

Zhongliang Holdings Group Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$69,695 Mil) to Jun. 2023 (HK$72,305 Mil) but then declined from Jun. 2023 (HK$72,305 Mil) to Dec. 2023 (HK$71,950 Mil).

Zhongliang Holdings Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$81,803 Mil) to Dec. 2022 (HK$69,695 Mil) but then increased from Dec. 2022 (HK$69,695 Mil) to Dec. 2023 (HK$71,950 Mil).


Zhongliang Holdings Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhongliang Holdings Group Co'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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Zhongliang Holdings Group Co Accounts Payable & Accrued Expense Chart

Zhongliang Holdings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 47,354.39 70,832.27 81,803.37 69,694.81 71,949.97

Zhongliang Holdings Group Co Semi-Annual Data
Dec16 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 81,803.37 78,566.60 69,694.81 72,304.55 71,949.97

Zhongliang Holdings Group Co 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.


Zhongliang Holdings Group Co (HKSE:02772) Business Description

Traded in Other Exchanges
N/A
Address
235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN
Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.
Executives
Yang Jian
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Ubs Group Ag 2201 Interest of corporation controlled by you
Xu Xiaoqun 2202 Interest of your spouse
Changxing Pte. Ltd. 2301 Trustee
Liangzhong international co., ltd. 2101 Beneficial owner

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