CITIC Securities Co (SHSE:600030) Accounts Payable & Accrued Expense : ¥220,344 Mil (As of Dec. 2023)

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What is CITIC Securities Co Accounts Payable & Accrued Expense?

CITIC Securities Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (¥248,715 Mil) to Sep. 2023 (¥220,895 Mil) and declined from Sep. 2023 (¥220,895 Mil) to Dec. 2023 (¥220,344 Mil).

CITIC Securities Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥199,916 Mil) to Dec. 2022 (¥230,683 Mil) but then declined from Dec. 2022 (¥230,683 Mil) to Dec. 2023 (¥220,344 Mil).

CITIC Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for CITIC Securities 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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CITIC Securities Co Accounts Payable & Accrued Expense Chart

CITIC Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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59,701.53

143,913.51

199,916.09

230,682.81

220,343.89

CITIC Securities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															230,682.81	235,415.47	248,715.27	220,895.38	220,343.89

CITIC Securities 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.

CITIC Securities Co (SHSE:600030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CITIC Securities Co Ltd (SHSE:600030) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CIIHY:USA CIIHF:USA 06030:Hong Kong CI9:Germany

Address

1 Tim Mei Avenue, 26th Floor, CITIC Tower, Central, Hong Kong, HKG

Website

https://www.citics.com

CITIC Securities Co Ltd is a brokerage and investment group that provides brokerage, underwriting and sponsoring, proprietary trading, investment banking, asset management, investment advisory, and other services. The company's brokerage business consists of securities brokerage and futures brokerage and its asset management business includes portfolio management, directional asset management, special asset management, as well as fund management. The company offers financial services and products to a diverse client base including corporations, financial institutions, governments, and individuals. Citic Securities principally operates in mainland China and Hong Kong.

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