China Citic Bank (HKSE:00998) Accounts Payable & Accrued Expense : HK$24,204 Mil (As of Mar. 2024)

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What is China Citic Bank Accounts Payable & Accrued Expense?

China Citic Bank's quarterly accounts payable & accrued expense increased from Sep. 2023 (HK$25,233 Mil) to Dec. 2023 (HK$28,726 Mil) but then declined from Dec. 2023 (HK$28,726 Mil) to Mar. 2024 (HK$24,204 Mil).

China Citic Bank's annual accounts payable & accrued expense declined from Dec. 2021 (HK$36,741 Mil) to Dec. 2022 (HK$33,939 Mil) and declined from Dec. 2022 (HK$33,939 Mil) to Dec. 2023 (HK$28,726 Mil).

China Citic Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Citic Bank'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 Citic Bank Accounts Payable & Accrued Expense Chart

China Citic Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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33,147.73

34,074.08

36,741.37

33,939.19

28,725.92

China Citic Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															30,902.07	25,426.02	25,233.26	28,725.92	24,203.88

China Citic Bank 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 Citic Bank (HKSE:00998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Citic Bank Corp Ltd (HKSE:00998) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

CHCJY:USA CHBJF:USA D7C:Germany 601998:China

Address

10 Guanghua Road, 6-30/F and 32-42/F, Building No. 1, Chaoyang District, Beijing, CHN, 100020

Website

https://www.citicbank.com

As the second-largest joint-stock banks, China Citic Bank is headquartered in Beijing. It offers a full range of commercial banking services, with 1,410 outlets in 146 cities in China and branches in Hong Kong, Macau, New York, Los Angeles, and Singapore. As of 2022, the bank is the 9th-largest nationwide listed commercial bank in China in terms of total assets.

Executives

Ubs Sdic Fund Management Co., Ltd	2102 Investment manager
Easterngate Spc	2102 Investment manager
Hong Kong Xinhu Investment Co.,ltd	2101 Beneficial owner
Huang Wei	2201 Interest of corporation controlled by you
Li Ping	2201 Interest of corporation controlled by you
Ning Bo Jia Yuan Shi Ye Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Hu Zhong Bao Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhe Jiang Heng Xing Li Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhe Jiang Xin Hu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

China Citic Bank (HKSE:00998) Headlines

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