China Railway Group (SHSE:601390) Accounts Payable & Accrued Expense : ¥714,010 Mil (As of Dec. 2023)

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What is China Railway Group Accounts Payable & Accrued Expense?

China Railway Group's quarterly accounts payable & accrued expense declined from Jun. 2023 (¥616,750 Mil) to Sep. 2023 (¥615,707 Mil) but then increased from Sep. 2023 (¥615,707 Mil) to Dec. 2023 (¥714,010 Mil).

China Railway Group's annual accounts payable & accrued expense increased from Dec. 2021 (¥514,339 Mil) to Dec. 2022 (¥588,776 Mil) and increased from Dec. 2022 (¥588,776 Mil) to Dec. 2023 (¥714,010 Mil).

China Railway Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Railway Group'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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China Railway Group Accounts Payable & Accrued Expense Chart

China Railway Group Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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436,098.39

474,562.48

514,338.91

588,776.20

714,010.41

China Railway Group 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															588,776.20	581,064.50	616,750.37	615,707.14	714,010.41

China Railway Group 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.

China Railway Group (SHSE:601390) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Group Ltd (SHSE:601390) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CRWOF:USA 00390:Hong Kong CNO:Germany

Address

49 Hoi Yuen Road, Unit 1201-1203, 12th Floor, APEC Plaza, Kowloon, Hong Kong, HKG

Website

http://www.crec.cn

China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.

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