CITIC (HKSE:00267) Accounts Payable & Accrued Expense : HK$487,346 Mil (As of Dec. 2024)

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What is CITIC Accounts Payable & Accrued Expense?

CITIC's quarterly accounts payable & accrued expense declined from Dec. 2023 (HK$500,778 Mil) to Jun. 2024 (HK$475,761 Mil) but then increased from Jun. 2024 (HK$475,761 Mil) to Dec. 2024 (HK$487,346 Mil).

CITIC's annual accounts payable & accrued expense declined from Dec. 2022 (HK$520,071 Mil) to Dec. 2023 (HK$500,778 Mil) and declined from Dec. 2023 (HK$500,778 Mil) to Dec. 2024 (HK$487,346 Mil).

CITIC Accounts Payable & Accrued Expense Historical Data

The historical data trend for CITIC'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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CITIC Accounts Payable & Accrued Expense Chart

CITIC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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209,909.03

242,308.62

520,070.80

500,777.91

487,346.39

CITIC 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															520,070.80	490,394.04	500,777.91	475,760.94	487,346.39

CITIC 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.

CITIC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CITIC Ltd (HKSE:00267) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CTPCY:USA CTPCF:USA CPF:Germany

Address

1 Tim Mei Avenue, 32nd Floor, CITIC Tower, Central, Hong Kong, HKG

Website

https://www.citic.com

CITIC Ltd is a Hong Kong-based conglomerate. Along with its subsidiaries, it operates in the following reportable segments: Comprehensive Financial Services, Advanced Intelligent Manufacturing, Advanced Materials, New Consumption, and New-type urbanisation. Maximum revenue is generated from the Advanced Materials segment, which includes exploration, processing, and trading of resources and energy products, including iron ore, copper, and crude oil, as well as the manufacturing of special steels. The Comprehensive financial services segment provides banking, securities, trust, insurance, and asset management services. Geographically, the group generates maximum revenue from the Chinese mainland, followed by Hong Kong, Macau and Taiwan, and Overseas markets.

Executives

Zhong Guo Zhong Xin Jin Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Citic Group Corporation	2201 Interest of corporation controlled by you
Charoen Pokphand Group Company Limited	2201 Interest of corporation controlled by you
Ct Brilliant Investment Holdings Limited	2201 Interest of corporation controlled by you
Chia Tai Bright Investment Company Limited	2401 A concert party to an agreement to buy shares
Itochu Corporation	2401 A concert party to an agreement to buy shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2101 Beneficial owner

CITIC Headlines

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