TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Accounts Payable & Accrued Expense : ¥17,491 Mil (As of Mar. 2024)

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What is TCL Zhonghuan Renewable Energy Technology Co Accounts Payable & Accrued Expense?

TCL Zhonghuan Renewable Energy Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥14,111 Mil) to Dec. 2023 (¥16,436 Mil) and increased from Dec. 2023 (¥16,436 Mil) to Mar. 2024 (¥17,491 Mil).

TCL Zhonghuan Renewable Energy Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥10,209 Mil) to Dec. 2022 (¥17,971 Mil) but then declined from Dec. 2022 (¥17,971 Mil) to Dec. 2023 (¥16,436 Mil).

TCL Zhonghuan Renewable Energy Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for TCL Zhonghuan Renewable Energy 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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TCL Zhonghuan Renewable Energy Technology Co Accounts Payable & Accrued Expense Chart

TCL Zhonghuan Renewable Energy Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6,728.49

7,989.51

10,208.93

17,970.55

16,436.14

TCL Zhonghuan Renewable Energy 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															19,591.89	16,609.11	14,111.03	16,436.14	17,491.23

TCL Zhonghuan Renewable Energy 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.

TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TCL Zhonghuan Renewable Energy Technology Co Ltd (SZSE:002129) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

No. 12 Haitai East Street, Huayuan Technology Park, New and High-Tech Industrial Development Zone, Tianjin, Tianjin, CHN, 300384

Website

http://www.tjsemi.com

TCL Zhonghuan is the second largest solar silicon wafer producer in China. It produced about 68.3GW solar wafers in 2022, accounting for 19.1% of total production in China. Solar wafers contributed 76% of revenue and 81% of gross profit in 2022. Zhonghuan is also a leading domestic semiconductor silicon wafer producer.

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