Xinjiang Xinxin Mining Industry Co (HKSE:03833) Accounts Payable & Accrued Expense : HK$868 Mil (As of Dec. 2023)

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What is Xinjiang Xinxin Mining Industry Co Accounts Payable & Accrued Expense?

Xinjiang Xinxin Mining Industry Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$460 Mil) to Jun. 2023 (HK$821 Mil) and increased from Jun. 2023 (HK$821 Mil) to Dec. 2023 (HK$868 Mil).

Xinjiang Xinxin Mining Industry Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$742 Mil) to Dec. 2022 (HK$460 Mil) but then increased from Dec. 2022 (HK$460 Mil) to Dec. 2023 (HK$868 Mil).

Xinjiang Xinxin Mining Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinjiang Xinxin Mining Industry 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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Xinjiang Xinxin Mining Industry Co Accounts Payable & Accrued Expense Chart

Xinjiang Xinxin Mining Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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538.34

539.45

742.12

459.67

867.78

Xinjiang Xinxin Mining Industry Co 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															742.12	793.00	459.67	821.29	867.78

Xinjiang Xinxin Mining Industry 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.

Xinjiang Xinxin Mining Industry Co (HKSE:03833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xinjiang Xinxin Mining Industry Co Ltd (HKSE:03833) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

33X1:Germany

Address

Fusion South Road, No. 501, Cooperation Zone, Economic and Technological, Urumqi, Xinjiang, CHN

Website

http://kunlun.wsfg.hk

Xinjiang Xinxin Mining Industry Co Ltd is a nickel cathode producer. In addition to producing nickel cathode using nickel sulfide resources, the company is engaged in mining, ore processing, smelting and refining operations and sales of nickel, copper and other non-ferrous metals. Its product portfolio includes nickel cathode and copper cathode. It also produces Cobalt products, gold, silver, platinum, and palladium. The majority of the group's revenue is derived from sales of nickel, copper and other non-ferrous metal products in China.

Executives

Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zi Jin Kuang Ye Ji Tuan Sha Men Tou Zi You Xian Gong Si	2101 Beneficial owner

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