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Weiye Holdings (HKSE:01570) Accounts Payable & Accrued Expense : HK$1,004 Mil (As of Dec. 2023)


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What is Weiye Holdings Accounts Payable & Accrued Expense?

Weiye Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$1,194 Mil) to Jun. 2023 (HK$1,014 Mil) and declined from Jun. 2023 (HK$1,014 Mil) to Dec. 2023 (HK$1,004 Mil).

Weiye Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,963 Mil) to Dec. 2022 (HK$1,194 Mil) and declined from Dec. 2022 (HK$1,194 Mil) to Dec. 2023 (HK$1,004 Mil).


Weiye Holdings Accounts Payable & Accrued Expense Historical Data

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

Weiye Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,769.49 2,449.56 1,963.00 1,194.49 1,004.46

Weiye 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,963.00 1,652.40 1,194.49 1,013.58 1,004.46

Weiye 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.


Weiye Holdings (HKSE:01570) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Zhengkai Avenue, 19th Floor, Building A, Intersection of Yanqqiao Road, Henan Province, Zhengzhou, CHN
Weiye Holdings Ltd is an investment holding company. The company operates in two segments: Property development and Equipment manufacturing. The majority of its revenue comes from the Property development segment, which includes the development and sales of both commercial and residential property units, construction of resettlement houses in the PRC, and the leasing of investment properties to generate rental income and derive capital gains from the investment properties in the long term. The company's geographical segments are China, Singapore, and Others, of which nearly all of its revenue comes from China.
Executives
Ca Indosuez (switzerland) Sa, Singapore Branch 2302 Custodian
Fine Skill Holdings Limited 2101 Beneficial owner
Zhang Wei 2101 Beneficial owner
Chen Zhi Yong

Weiye Holdings (HKSE:01570) Headlines

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