Xinda Investment Holdings (HKSE:01281) Accounts Payable & Accrued Expense : HK$30.2 Mil (As of Dec. 2023)

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What is Xinda Investment Holdings Accounts Payable & Accrued Expense?

Xinda Investment Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$33.1 Mil) to Jun. 2023 (HK$35.1 Mil) but then declined from Jun. 2023 (HK$35.1 Mil) to Dec. 2023 (HK$30.2 Mil).

Xinda Investment Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$43.8 Mil) to Dec. 2022 (HK$33.1 Mil) and declined from Dec. 2022 (HK$33.1 Mil) to Dec. 2023 (HK$30.2 Mil).

Xinda Investment Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinda Investment 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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Xinda Investment Holdings Accounts Payable & Accrued Expense Chart

Xinda Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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35.04

51.59

43.85

33.11

30.16

Xinda Investment 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															43.85	26.02	33.11	35.10	30.16

Xinda Investment 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.

Xinda Investment Holdings (HKSE:01281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Xinda Investment Holdings Ltd (HKSE:01281) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

66 Dongfang Road, Longjitaihe Industrial Park, Hebei Province, Gaobeidian, CHN

Website

http://en.longitech.hk

Xinda Investment Holdings Ltd formerly LongiTech Smart Energy Holding Ltd is engaged in providing smart energy solutions in the PRC. The primary activities of the company are smart energy and solar energy businesses. Its operating segments are Smart energy business and Public infrastructure construction business of which the majority of the revenue is generated from the Smart energy business segment. Geographically, it operates in China.

Executives

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Xinda Investment Holdings (HKSE:01281) Headlines

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