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Leoch International Technology (HKSE:00842) Accounts Payable & Accrued Expense : HK$4,164 Mil (As of Dec. 2023)


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What is Leoch International Technology Accounts Payable & Accrued Expense?

Leoch International Technology's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$3,266 Mil) to Jun. 2023 (HK$4,149 Mil) and increased from Jun. 2023 (HK$4,149 Mil) to Dec. 2023 (HK$4,164 Mil).

Leoch International Technology's annual accounts payable & accrued expense declined from Dec. 2021 (HK$4,292 Mil) to Dec. 2022 (HK$3,266 Mil) but then increased from Dec. 2022 (HK$3,266 Mil) to Dec. 2023 (HK$4,164 Mil).


Leoch International Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Leoch International Technology'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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Leoch International Technology Accounts Payable & Accrued Expense Chart

Leoch International Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,684.17 3,171.87 4,291.92 3,266.12 4,163.73

Leoch International Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,291.92 4,348.19 3,266.12 4,149.31 4,163.73

Leoch International Technology 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.


Leoch International Technology (HKSE:00842) Business Description

Traded in Other Exchanges
Address
No. 83, Zhanjing Road, Zhonggang Plaza, Exhibition Bay, 14th Floor, Block A, Tower 6, Fuyong Airport New City South, Baoan District, Shenzhen, CHN
Leoch International Technology Ltd is a vertically integrated enterprise. It is engaged in the development, sale, and manufacture of lead-acid batteries, recycled lead products, and others. Its product portfolio under lead-acid batteries consists of reserve power batteries, SLI batteries, motive power batteries, and others. The lead-acid-based reserve power batteries generate a vast majority of revenue for the company. Geographically, the company offers its services to China, Europe, the Middle East and Africa, the Americas, and Asia-Pacific, out of which China is the key revenue driver.
Executives
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Asian Equity Special Opportunities Portfolio Master Fund Limited 2101 Beneficial owner
Dong Li 2201 Interest of corporation controlled by you
Master Alliance Investment Limited 2201 Interest of corporation controlled by you

Leoch International Technology (HKSE:00842) Headlines

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