Great China Holdings (Hong Kong) (HKSE:00021) Accounts Payable & Accrued Expense : HK$1,058.73 Mil (As of Dec. 2023)

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What is Great China Holdings (Hong Kong) Accounts Payable & Accrued Expense?

Great China Holdings (Hong Kong)'s quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$1,068.46 Mil) to Jun. 2023 (HK$1,107.57 Mil) but then declined from Jun. 2023 (HK$1,107.57 Mil) to Dec. 2023 (HK$1,058.73 Mil).

Great China Holdings (Hong Kong)'s annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,118.37 Mil) to Dec. 2022 (HK$1,068.46 Mil) and declined from Dec. 2022 (HK$1,068.46 Mil) to Dec. 2023 (HK$1,058.73 Mil).

Great China Holdings (Hong Kong) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Great China Holdings (Hong Kong)'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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Great China Holdings (Hong Kong) Accounts Payable & Accrued Expense Chart

Great China Holdings (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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930.75

1,031.95

1,118.37

1,068.46

1,058.73

Great China Holdings (Hong Kong) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,118.37	1,144.06	1,068.46	1,107.57	1,058.73

Great China Holdings (Hong Kong) 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.

Great China Holdings (Hong Kong) (HKSE:00021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great China Holdings (Hong Kong) Ltd (HKSE:00021) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Central Plaza, 18 Harbour Road, Suite 6403A-4, 64th Floor, Wanchai, Hong Kong, HKG

Website

http://www.greatchinaproperties.com

Great China Holdings (Hong Kong) Ltd formerly Great China Properties Holdings Ltd is engaged in real estate development and management. It projects of the company include the gold coast project, the tanghai county project, the daya bay project, the jin bao cheng project, the hong hai bay project, and the Heqing project. It has a single reportable segment based on the location of the operations, which is a property development and investment located in the PRC. The firm generates its revenue from the sale and management of properties.

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