New Century Group Hong Kong (HKSE:00234) Accounts Payable & Accrued Expense : HK$81.23 Mil (As of Sep. 2024)

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What is New Century Group Hong Kong Accounts Payable & Accrued Expense?

New Century Group Hong Kong's quarterly accounts payable & accrued expense declined from Sep. 2023 (HK$86.32 Mil) to Mar. 2024 (HK$80.28 Mil) but then increased from Mar. 2024 (HK$80.28 Mil) to Sep. 2024 (HK$81.23 Mil).

New Century Group Hong Kong's annual accounts payable & accrued expense increased from Mar. 2022 (HK$40.17 Mil) to Mar. 2023 (HK$81.29 Mil) but then declined from Mar. 2023 (HK$81.29 Mil) to Mar. 2024 (HK$80.28 Mil).

New Century Group Hong Kong Accounts Payable & Accrued Expense Historical Data

The historical data trend for New Century Group 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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New Century Group Hong Kong Accounts Payable & Accrued Expense Chart

New Century Group Hong Kong Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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40.15

40.88

40.17

81.29

80.28

New Century Group Hong Kong Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															101.56	81.29	86.32	80.28	81.23

New Century Group 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.

New Century Group Hong Kong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » New Century Group Hong Kong Ltd (HKSE:00234) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 3808, 38th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.ncgrp.com.hk

New Century Group Hong Kong Ltd is an investment holding company. The firm along with its subsidiaries is engaged in the business segments of Property investments; Money lending services; and Securities trading, where the securities trading segment engages in the trading of marketable securities for short-term investment purposes; the Property investments segment invests in prime office space and commercial shops for their rental income potential; and the Money lending segment engages in the provision of secured mortgage loans and unsecured personal loans. The company derives the majority of its revenue from the Money lending segment. The group operates in Hong Kong and the rest of Southeast Asia, of which maximum revenue is generated from Hong Kong.

Executives

Ng Lilian	2101 Beneficial owner
Ng Siew Lang, Linda	2101 Beneficial owner
Sio Ion Kuan	2101 Beneficial owner
Ng Wee Keat	2101 Beneficial owner
Huang Si Teng	2501 Other
Ng (huang) Cheow Leng	2201 Interest of corporation controlled by you
Huang Group (bvi) Limited	2201 Interest of corporation controlled by you

New Century Group Hong Kong Headlines

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