Tsingtao Brewery Co (HKSE:00168) Accounts Payable & Accrued Expense : HK$10,594 Mil (As of Mar. 2025)

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What is Tsingtao Brewery Co Accounts Payable & Accrued Expense?

Tsingtao Brewery Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (HK$11,046 Mil) to Dec. 2024 (HK$9,289 Mil) but then increased from Dec. 2024 (HK$9,289 Mil) to Mar. 2025 (HK$10,594 Mil).

Tsingtao Brewery Co's annual accounts payable & accrued expense declined from Dec. 2022 (HK$11,177 Mil) to Dec. 2023 (HK$9,644 Mil) and declined from Dec. 2023 (HK$9,644 Mil) to Dec. 2024 (HK$9,289 Mil).

Tsingtao Brewery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tsingtao Brewery 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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Tsingtao Brewery Co Accounts Payable & Accrued Expense Chart

Tsingtao Brewery Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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9,366.34

11,503.08

11,177.32

9,644.30

9,288.87

Tsingtao Brewery Co 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															11,201.77	14,817.35	11,045.88	9,288.87	10,594.32

Tsingtao Brewery 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.

Tsingtao Brewery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (HKSE:00168) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

TSGTY:USA TSGTF:USA TSI:Germany 600600:China

Address

No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071

Website

https://www.tsingtao.com

With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2023. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.

Executives

Jpmorgan Chase & Co.
Blackrock, Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fmr Llc	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Qing Dao Pi Jiu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Qing Dao Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Xiang Gang Xin Hai Sheng Tou Zi Fa Zhan You Xian Gong Si	2101 Beneficial owner

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