China Investment and Finance Group (HKSE:01226) Accounts Payable & Accrued Expense : HK$9.43 Mil (As of Mar. 2024)

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What is China Investment and Finance Group Accounts Payable & Accrued Expense?

China Investment and Finance Group's quarterly accounts payable & accrued expense increased from Mar. 2023 (HK$2.85 Mil) to Sep. 2023 (HK$5.61 Mil) and increased from Sep. 2023 (HK$5.61 Mil) to Mar. 2024 (HK$9.43 Mil).

China Investment and Finance Group's annual accounts payable & accrued expense declined from Mar. 2022 (HK$3.43 Mil) to Mar. 2023 (HK$2.85 Mil) but then increased from Mar. 2023 (HK$2.85 Mil) to Mar. 2024 (HK$9.43 Mil).

China Investment and Finance Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Investment and Finance Group'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 Investment and Finance Group Accounts Payable & Accrued Expense Chart

China Investment and Finance Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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9.35

3.33

3.43

2.85

9.43

China Investment and Finance Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.43	4.87	2.85	5.61	9.43

China Investment and Finance Group 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 Investment and Finance Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Investment and Finance Group Ltd (HKSE:01226) » Definitions » Accounts Payable & Accrued Expense

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Address

70 Queen’s Road Central, Room 1104, Crawford House, Hong Kong, HKG

Website

http://www.chnif.com.hk

China Investment and Finance Group Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in securities trading and investment holding. It principally invests in listed and unlisted securities. The company derives revenue from dividends and interest income. Geographically, all the operations of the company are carried out in Hong Kong.

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