CMAKY (China Minsheng Banking) Accounts Payable & Accrued Expense : $2,949 Mil (As of Mar. 2025)

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What is China Minsheng Banking Accounts Payable & Accrued Expense?

China Minsheng Banking's quarterly accounts payable & accrued expense increased from Sep. 2024 ($3,042 Mil) to Dec. 2024 ($3,046 Mil) but then declined from Dec. 2024 ($3,046 Mil) to Mar. 2025 ($2,949 Mil).

China Minsheng Banking's annual accounts payable & accrued expense declined from Dec. 2022 ($3,370 Mil) to Dec. 2023 ($2,746 Mil) but then increased from Dec. 2023 ($2,746 Mil) to Dec. 2024 ($3,046 Mil).

China Minsheng Banking Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Minsheng Banking'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 Minsheng Banking Accounts Payable & Accrued Expense Chart

China Minsheng Banking Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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5,177.31

4,143.63

3,369.77

2,745.72

3,045.59

China Minsheng Banking Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,187.18	2,298.51	3,042.11	3,045.59	2,949.25

China Minsheng Banking 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 Minsheng Banking Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Minsheng Banking Corp Ltd (OTCPK:CMAKY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

01988:Hong Kong GHFH:Germany 600016:China

Address

No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031

Website

https://www.cmbc.com.cn

Founded in 1996, China Minsheng Banking Corporation is one of the first privately owned commercial banks in China, with its headquarters located in Beijing. The bank's shares were listed on the Shanghai Exchange in 2000 and on the Hong Kong Exchange in 2009. CMBC focuses on serving non-state-owned enterprises, as well as micro and small businesses, in addition to high-end retail customers. The bank has a diverse shareholding structure and operates over 23,000 banking outlets across 125 cities in China.

China Minsheng Banking Headlines

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