Shandong Hi Speed New Energy Group (HKSE:01250) Accounts Payable & Accrued Expense : HK$2,525 Mil (As of Dec. 2023)

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What is Shandong Hi Speed New Energy Group Accounts Payable & Accrued Expense?

Shandong Hi Speed New Energy Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$3,576 Mil) to Jun. 2023 (HK$3,235 Mil) and declined from Jun. 2023 (HK$3,235 Mil) to Dec. 2023 (HK$2,525 Mil).

Shandong Hi Speed New Energy Group's annual accounts payable & accrued expense declined from Dec. 2021 (HK$5,144 Mil) to Dec. 2022 (HK$3,576 Mil) and declined from Dec. 2022 (HK$3,576 Mil) to Dec. 2023 (HK$2,525 Mil).

Shandong Hi Speed New Energy Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong Hi Speed New Energy 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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Shandong Hi Speed New Energy Group Accounts Payable & Accrued Expense Chart

Shandong Hi Speed New Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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10,820.71

9,350.32

5,143.57

3,576.27

2,524.99

Shandong Hi Speed New Energy Group 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															5,143.57	3,855.21	3,576.27	3,235.49	2,524.99

Shandong Hi Speed New Energy 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.

Shandong Hi Speed New Energy Group (HKSE:01250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shandong Hi Speed New Energy Group Ltd (HKSE:01250) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

99 Queen's Road, Unit 6707, 67th Floor, The Centre, Central, Hong Kong, HKG

Website

https://www.shneg.com.hk

Shandong Hi Speed New Energy Group Ltd is engaged in the investment, development, construction, operation, and management of clean energy businesses which include Photovoltaic Power, Wind Power, and Clean Heat Supply Business.

Executives

Shandong Hi-speed Holdings Group Limited	2101 Beneficial owner
Citigroup Inc.	2305 Beneficiary of a trust
Shan Dong Gao Su Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Profit Plan Global Investment Limited	2101 Beneficial owner
Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Water Group Limited	2201 Interest of corporation controlled by you
Citic Securities Company Limited	2201 Interest of corporation controlled by you
Citron Pe Associates Ii, L.p.	2201 Interest of corporation controlled by you
Citron Pe Holdings Limited	2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p.	2201 Interest of corporation controlled by you
Cpechina Fund Iia, L.p.	2201 Interest of corporation controlled by you
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you

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