China Financial Services Holdings (HKSE:00605) Accounts Payable & Accrued Expense : HK$251.5 Mil (As of Dec. 2023)

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What is China Financial Services Holdings Accounts Payable & Accrued Expense?

China Financial Services Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$235.5 Mil) to Jun. 2023 (HK$245.6 Mil) and increased from Jun. 2023 (HK$245.6 Mil) to Dec. 2023 (HK$251.5 Mil).

China Financial Services Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$379.2 Mil) to Dec. 2022 (HK$235.5 Mil) but then increased from Dec. 2022 (HK$235.5 Mil) to Dec. 2023 (HK$251.5 Mil).

China Financial Services Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Financial Services 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 Financial Services Holdings Accounts Payable & Accrued Expense Chart

China Financial Services Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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679.35

356.51

379.19

235.48

251.52

China Financial Services Holdings 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															379.19	264.23	235.48	245.62	251.52

China Financial Services 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 Financial Services Holdings (HKSE:00605) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Financial Services Holdings Ltd (HKSE:00605) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Harbour Road, Suite 5606, 56th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.cfsh.com.hk

China Financial Services Holdings Ltd is a non-bank financial service provider. The company is involved in providing customized financial services and solutions to small and medium-sized enterprises (SMEs). It is primarily engaged in the direct loan, financial guarantee and financial advisory businesses. The company finances its direct loan services using its own capital. In view of helping SMEs to obtain a loan from financial institutions, the company provides financial guarantee services through its financial guarantee company. Geographically, it has operations in Hong Kong, China, and the United Kingdom. Most of the group's revenue is generated from China.

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