Sky Chinafortune Holdings Group (HKSE:00141) Accounts Payable & Accrued Expense : HK$26.27 Mil (As of Jun. 2022)

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What is Sky Chinafortune Holdings Group Accounts Payable & Accrued Expense?

Sky Chinafortune Holdings Group's quarterly accounts payable & accrued expense increased from Jun. 2021 (HK$28.51 Mil) to Dec. 2021 (HK$29.94 Mil) but then declined from Dec. 2021 (HK$29.94 Mil) to Jun. 2022 (HK$26.27 Mil).

Sky Chinafortune Holdings Group's annual accounts payable & accrued expense increased from Dec. 2019 (HK$23.98 Mil) to Dec. 2020 (HK$26.02 Mil) and increased from Dec. 2020 (HK$26.02 Mil) to Dec. 2021 (HK$29.94 Mil).

Sky Chinafortune Holdings Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sky Chinafortune Holdings 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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Sky Chinafortune Holdings Group Accounts Payable & Accrued Expense Chart

Sky Chinafortune Holdings Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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24.73

26.19

23.98

26.02

29.94

Sky Chinafortune Holdings Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.41	26.02	28.51	29.94	26.27

Sky Chinafortune Holdings 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.

Sky Chinafortune Holdings Group (HKSE:00141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sky Chinafortune Holdings Group Ltd (HKSE:00141) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-18 Queen’s Road Central, Room 1512, 15th Floor, New World Tower 1, Hong Kong, HKG

Website

http://www.skychinafortune.com

Sky Chinafortune Holdings Group Ltd is an investment holding company. It operates in three segments: Property investment, which includes leasing of properties situated in China; Trading of properties & property-related services, which is into the sale of properties situated in China, including the short-term leasing of properties held for sales and the provision of property-related services; and Retail business segment is into the sale of Chinese liquor and wine, and everyday items and ready-cooked food in the PRC. The majority of its revenue comes from the Property investment segment. The group has operations in the PRC.

Executives

Jiang Jiabao	2101 Beneficial owner
Jiang Tian	2101 Beneficial owner
Hopevision Group Ltd.	2101 Beneficial owner
Shanghai Chongsheng Investment Management Co., Ltd.	2201 Interest of corporation controlled by you

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