Xinchen China Power Holdings (HKSE:01148) Accounts Payable & Accrued Expense : HK$2,854 Mil (As of Dec. 2023)

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What is Xinchen China Power Holdings Accounts Payable & Accrued Expense?

Xinchen China Power Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$1,206 Mil) to Jun. 2023 (HK$2,467 Mil) and increased from Jun. 2023 (HK$2,467 Mil) to Dec. 2023 (HK$2,854 Mil).

Xinchen China Power Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$1,079 Mil) to Dec. 2022 (HK$1,206 Mil) and increased from Dec. 2022 (HK$1,206 Mil) to Dec. 2023 (HK$2,854 Mil).

Xinchen China Power Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinchen China Power 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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Xinchen China Power Holdings Accounts Payable & Accrued Expense Chart

Xinchen China Power Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,347.84

1,624.27

1,078.71

1,206.05

2,853.51

Xinchen China Power 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															1,078.71	880.83	1,206.05	2,466.62	2,853.51

Xinchen China Power 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.

Xinchen China Power Holdings (HKSE:01148) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xinchen China Power Holdings Ltd (HKSE:01148) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

4XI:Germany

Address

8 Connaught Road Central, Suites 1602-05, Chater House, Hong Kong, HKG

Website

http://www.xinchenpower.com

Xinchen China Power Holdings Ltd is an investment holding company engaged in the automotive sector. The company is principally involved in the development, manufacture, and sale of automotive engines and engine parts and components for passenger vehicles and light-duty commercial vehicles. The group operates with three business segment which includes Gasoline Engines, Diesel Engines, and Engine Components. Its product includes 1TZS, Crankshaft, link, CE12, DK4, and others. The business activity of the company functions in China.

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