Henan Hengxing Science & Technology Co (SZSE:002132) Accounts Payable & Accrued Expense : ¥1,464 Mil (As of Mar. 2024)

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What is Henan Hengxing Science & Technology Co Accounts Payable & Accrued Expense?

Henan Hengxing Science & Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,267 Mil) to Dec. 2023 (¥1,644 Mil) but then declined from Dec. 2023 (¥1,644 Mil) to Mar. 2024 (¥1,464 Mil).

Henan Hengxing Science & Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,421 Mil) to Dec. 2022 (¥1,223 Mil) but then increased from Dec. 2022 (¥1,223 Mil) to Dec. 2023 (¥1,644 Mil).

Henan Hengxing Science & Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Henan Hengxing Science & Technology 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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Henan Hengxing Science & Technology Co Accounts Payable & Accrued Expense Chart

Henan Hengxing Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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735.57

1,042.07

1,421.18

1,223.24

1,643.61

Henan Hengxing Science & Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,450.66	1,284.71	1,267.43	1,643.61	1,464.14

Henan Hengxing Science & Technology 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.

Henan Hengxing Science & Technology Co (SZSE:002132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Henan Hengxing Science & Technology Co Ltd (SZSE:002132) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 121 Yiluo North Road, Gongyi, Henan, CHN, 451251

Website

http://www.hengxingchinese.com

Henan Hengxing Science & Technology Co Ltd is engaged in the production of steel in China. The company mainly produces steel cords, hose steel wires, ultra-fine steel wires, galvanized and alloy coated steel wires, steel strands and PC steel strands for radial tires. Its products are widely used in automobile tires, rubber hoses, power cables, overhead power lines, high-speed railways, ports, and silicon wafer cutting for photovoltaic solar energy.

Executives

Li Ming	Directors, executives
Xu Hui Jing	Directors, executives
Xie Bao Wan	Director
Xie Bao Jian	Executives
Zhang Yun Hong	Directors, executives
Xie Xiao Long	Directors, executives
Xie Jin Bao	Executives
Zhao Wen Juan	Directors, executives
Bai Zhong Xiang	Independent director
Xie Bao Jun	Director
Chen Bing Zhang	Director
Tan Shi Hong	Supervisors
Li Bao Jie	Executives
Jiao Yao Zhong	Directors, executives
Xie Fu Qiang	Director

Henan Hengxing Science & Technology Co (SZSE:002132) Headlines

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