HSBC China Dragon Fund (HKSE:820) Accounts Payable & Accrued Expense : HK$2.03 Mil (As of Sep. 2023)

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What is HSBC China Dragon Fund Accounts Payable & Accrued Expense?

HSBC China Dragon Fund's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$0.00 Mil) to Mar. 2023 (HK$5.11 Mil) but then declined from Mar. 2023 (HK$5.11 Mil) to Sep. 2023 (HK$2.03 Mil).

HSBC China Dragon Fund's annual accounts payable & accrued expense declined from Mar. 2021 (HK$20.50 Mil) to Mar. 2022 (HK$0.00 Mil) but then increased from Mar. 2022 (HK$0.00 Mil) to Mar. 2023 (HK$5.11 Mil).

HSBC China Dragon Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for HSBC China Dragon Fund'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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HSBC China Dragon Fund Accounts Payable & Accrued Expense Chart

HSBC China Dragon Fund Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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25.32

20.50

5.11

HSBC China Dragon Fund Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										5.98	-	-	5.11	2.03

HSBC China Dragon Fund 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.

HSBC China Dragon Fund (HKSE:820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » HSBC China Dragon Fund (HKSE:820) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Queen's Road Central, Level 22, HSBC Main Building, Hong Kong, HKG

Website

https://www.assetmanagement.hsbc.com.hk

HSBC China Dragon Fund is an asset management company. The firm's investment objective is to achieve long-term capital growth by investing in listed companies.

Executives

Metage Capital Limited	2102 Investment manager
Lazard Asset Management Llc	2102 Investment manager

HSBC China Dragon Fund (HKSE:820) Headlines

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