China Energy Development Holdings (HKSE:00228) Accounts Payable & Accrued Expense : HK$142.3 Mil (As of Dec. 2024)

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What is China Energy Development Holdings Accounts Payable & Accrued Expense?

China Energy Development Holdings's quarterly accounts payable & accrued expense declined from Dec. 2023 (HK$158.9 Mil) to Jun. 2024 (HK$143.2 Mil) and declined from Jun. 2024 (HK$143.2 Mil) to Dec. 2024 (HK$142.3 Mil).

China Energy Development Holdings's annual accounts payable & accrued expense declined from Dec. 2022 (HK$230.1 Mil) to Dec. 2023 (HK$158.9 Mil) and declined from Dec. 2023 (HK$158.9 Mil) to Dec. 2024 (HK$142.3 Mil).

China Energy Development Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Energy Development Holdings'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 Energy Development Holdings Accounts Payable & Accrued Expense Chart

China Energy Development Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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657.20

502.79

230.08

158.88

142.34

China Energy Development Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															230.08	203.56	158.88	143.19	142.34

China Energy Development Holdings 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 Energy Development Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Energy Development Holdings Ltd (HKSE:00228) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 88 Yeung Uk Road, Office J, 29th Floor, Plaza 88, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.cnenergy.com.hk

China Energy Development Holdings Ltd is engaged in oil and gas exploration; distribution of natural gas; sales of food and beverages and money lending business in Hong Kong. The company is engaged in three segments, namely, The Exploration, Production and Distribution of Natural Gas segment engaged in the exploration, development, production and sales of natural gas and the usage of pipeline for distribution of natural gas; The Sales of Food and Beverages Business segment engaged in the sales of food and beverages; The Money Lending Business segment engaged in provision of loans to third parties. Majority of the revenue is derived from The Exploration, Production and Distribution of Natural Gas segment.

Executives

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