Meitu (HKSE:01357) Accounts Payable & Accrued Expense : HK$933 Mil (As of Dec. 2024)

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What is Meitu Accounts Payable & Accrued Expense?

Meitu's quarterly accounts payable & accrued expense declined from Dec. 2023 (HK$871 Mil) to Jun. 2024 (HK$841 Mil) but then increased from Jun. 2024 (HK$841 Mil) to Dec. 2024 (HK$933 Mil).

Meitu's annual accounts payable & accrued expense declined from Dec. 2022 (HK$890 Mil) to Dec. 2023 (HK$871 Mil) but then increased from Dec. 2023 (HK$871 Mil) to Dec. 2024 (HK$933 Mil).

Meitu Accounts Payable & Accrued Expense Historical Data

The historical data trend for Meitu'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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Meitu Accounts Payable & Accrued Expense Chart

Meitu Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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842.88

1,052.89

889.84

870.54

933.45

Meitu Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															889.84	957.00	870.54	841.31	933.45

Meitu 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.

Meitu Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

MEIUF:USA M5U:Germany

Address

No. 2557 Binhai West Avenue, Meitu Tower, Building 2, Meifeng Innovation Valley, Tong’an District, Fujian Province, Xiamen, CHN

Website

https://www.meitu.com

Meitu Inc is an investment holding company. It is engaged in the provision of online advertising and other Internet value-added services by offering a portfolio of photo and community apps that enjoys popularity in the PRC and overseas and the smart hardware business involving the production of MeituEve: a commercial artificial intelligence skin analyser, MeituKey: a contact skin analyser, MeituSpa: an artificial intelligence cleansing brush and Meitu Genius: an artificial intelligence smart mirror.

Executives

Longlink Capital Ltd
Longlink Limited
Cai Wensheng
Morgan Stanley
Wu Zeyuan	2101 Beneficial owner
Baolink Capital Ltd
Kingkey Enterprise Holdings Limited	2101 Beneficial owner
Chen Jiarong	2201 Interest of corporation controlled by you
Chen Jiajun	2201 Interest of corporation controlled by you
Easy Prestige Limited
Xinhong Capital Limited
Liu Chenchen	2101 Beneficial owner

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