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Shenzhen Fortune Trend Technology Co (SHSE:688318) Accounts Payable & Accrued Expense

: ¥60.9 Mil (As of Dec. 2023)
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Shenzhen Fortune Trend Technology Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (¥12.5 Mil) to Sep. 2023 (¥17.7 Mil) and increased from Sep. 2023 (¥17.7 Mil) to Dec. 2023 (¥60.9 Mil).

Shenzhen Fortune Trend Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥36.4 Mil) to Dec. 2022 (¥40.8 Mil) and increased from Dec. 2022 (¥40.8 Mil) to Dec. 2023 (¥60.9 Mil).


Shenzhen Fortune Trend Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Fortune Trend 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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Shenzhen Fortune Trend Technology 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 15.98 33.97 36.45 40.82 60.92

Shenzhen Fortune Trend Technology 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 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 40.82 24.05 12.51 17.75 60.92

Shenzhen Fortune Trend 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.


Shenzhen Fortune Trend Technology Co (SHSE:688318) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Kaifeng Road, Meilin Street, Room 808, 8th Floor, Huachao Building, Meilin Community, Guangdong, Futian District, Shenzhen, CHN, 518049
Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.

Shenzhen Fortune Trend Technology Co (SHSE:688318) Headlines

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