Art Group Holdings (HKSE:00565) Accounts Payable & Accrued Expense : HK$18.7 Mil (As of Dec. 2024)

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What is Art Group Holdings Accounts Payable & Accrued Expense?

Art Group Holdings's quarterly accounts payable & accrued expense declined from Dec. 2023 (HK$15.4 Mil) to Jun. 2024 (HK$8.4 Mil) but then increased from Jun. 2024 (HK$8.4 Mil) to Dec. 2024 (HK$18.7 Mil).

Art Group Holdings's annual accounts payable & accrued expense declined from Jun. 2022 (HK$50.3 Mil) to Jun. 2023 (HK$5.2 Mil) but then increased from Jun. 2023 (HK$5.2 Mil) to Jun. 2024 (HK$8.4 Mil).

Art Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Art Group 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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Art Group Holdings Accounts Payable & Accrued Expense Chart

Art Group Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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53.49

50.33

5.17

8.43

Art Group 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															3.83	5.17	15.40	8.43	18.73

Art Group 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.

Art Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Art Group Holdings Ltd (HKSE:00565) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

70-74 Wuhu Street, Unit A, 1st Floor, Yun Tat Commercial Building, Kowloon, Hong Kong, HKG

Website

https://artgroup.etnet.com.hk

Art Group Holdings Ltd is engaged in the business of property operations. It provides rental, management, and operating services. The company has leased Jiachao's shopping mall and various Jiacong's shops in a giant theme shopping mall both situated in Zhengzhou City, Henan Province, the People's Republic of China. It derives rental income from the leasing of properties.

Executives

Loo See Yuen	2201 Interest of corporation controlled by you
Lam Cho Ying Terence Joe	2101 Beneficial owner
Chen Jinqing	2101 Beneficial owner
Chen Jinyan	2101 Beneficial owner
Fully Chain Limited
Chen Jindong
Lin Lin
Jinjie Limited
Ultimate Name Limited

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