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Shanghai Fortune Techgroup Co (SZSE:300493) Accounts Payable & Accrued Expense : ¥439 Mil (As of Mar. 2024)


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What is Shanghai Fortune Techgroup Co Accounts Payable & Accrued Expense?

Shanghai Fortune Techgroup Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥405 Mil) to Dec. 2023 (¥405 Mil) but then increased from Dec. 2023 (¥405 Mil) to Mar. 2024 (¥439 Mil).

Shanghai Fortune Techgroup Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥358 Mil) to Dec. 2022 (¥365 Mil) and increased from Dec. 2022 (¥365 Mil) to Dec. 2023 (¥405 Mil).


Shanghai Fortune Techgroup Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Fortune Techgroup 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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Shanghai Fortune Techgroup Co Accounts Payable & Accrued Expense Chart

Shanghai Fortune Techgroup Co 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 162.87 257.22 358.19 365.30 404.63

Shanghai Fortune Techgroup 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 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 324.52 405.48 404.73 404.63 438.81

Shanghai Fortune Techgroup 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.


Shanghai Fortune Techgroup Co (SZSE:300493) Business Description

Traded in Other Exchanges
N/A
Address
No. 200, Tianlin Road, 3rd Floor, Room 301, Building A2, China Fortune Properties, Xuhui District, Shanghai, CHN, 200233
Shanghai Fortune Techgroup Co Ltd is a provider of semiconductor chips and solutions for the telecommunication industry in China. The company products include wired and wireless communications, radio frequency and power amplifier type of components, sensors, and others. The company provides different solutions for smart home, smart cities, surveillance, and fingerprint identification applications.
Executives
Wang Ye Supervisors
Le Zhen Wu Independent director

Shanghai Fortune Techgroup Co (SZSE:300493) Headlines

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