Concord New Energy Group (HKSE:00182) Accounts Payable & Accrued Expense : HK$5,393 Mil (As of Dec. 2023)

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What is Concord New Energy Group Accounts Payable & Accrued Expense?

Concord New Energy Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$4,582 Mil) to Jun. 2023 (HK$5,170 Mil) and increased from Jun. 2023 (HK$5,170 Mil) to Dec. 2023 (HK$5,393 Mil).

Concord New Energy Group's annual accounts payable & accrued expense declined from Dec. 2021 (HK$5,075 Mil) to Dec. 2022 (HK$4,582 Mil) but then increased from Dec. 2022 (HK$4,582 Mil) to Dec. 2023 (HK$5,393 Mil).

Concord New Energy Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Concord New Energy 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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Concord New Energy Group Accounts Payable & Accrued Expense Chart

Concord New Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,794.69

3,289.33

5,074.69

4,582.44

5,392.71

Concord New Energy Group 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															5,074.69	5,539.94	4,582.44	5,169.60	5,392.71

Concord New Energy 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.

Concord New Energy Group (HKSE:00182) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Concord New Energy Group Ltd (HKSE:00182) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

CWPWF:USA HK51:Germany

Address

16 Harcourt Road, Suite 3901, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.cnegroup.com

Concord New Energy Group Ltd is an investment holding company. The principal activities of the company are investment in power plants, provision of design, technical and consultation services, and provision of power plant operation and maintenance services. The operating segments of the company are power generation which includes the operation of wind and solar power plants, Intelligent operation and maintenance segment which includes provision operation and maintenance, asset management, overhaul & commissioning service for wind and solar power plants; and others segment which includes the provision of design, technical and consultancy services, undertaking electrical engineering and construction of power plant projects. The company generates its revenue from the power generation segment.

Executives

Liu Shunxing	2201 Interest of corporation controlled by you
Splendor Power Limited	2101 Beneficial owner
China Wind Power Investment Limited	2201 Interest of corporation controlled by you
Permanent Growth Limited	2201 Interest of corporation controlled by you

Concord New Energy Group (HKSE:00182) Headlines

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