Zhaojin Mining Industry Co (HKSE:01818) Accounts Payable & Accrued Expense : HK$1,423 Mil (As of Dec. 2023)

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What is Zhaojin Mining Industry Co Accounts Payable & Accrued Expense?

Zhaojin Mining Industry Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$1,348 Mil) to Jun. 2023 (HK$3,040 Mil) but then declined from Jun. 2023 (HK$3,040 Mil) to Dec. 2023 (HK$1,423 Mil).

Zhaojin Mining Industry Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$1,284 Mil) to Dec. 2022 (HK$1,348 Mil) and increased from Dec. 2022 (HK$1,348 Mil) to Dec. 2023 (HK$1,423 Mil).

Zhaojin Mining Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhaojin Mining Industry Co'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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Zhaojin Mining Industry Co Accounts Payable & Accrued Expense Chart

Zhaojin Mining Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,264.63

1,939.46

1,283.63

1,347.89

1,422.95

Zhaojin Mining Industry Co 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															1,283.63	2,859.36	1,347.89	3,040.17	1,422.95

Zhaojin Mining Industry Co 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.

Zhaojin Mining Industry Co (HKSE:01818) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhaojin Mining Industry Co Ltd (HKSE:01818) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ZHAOF:USA ZVL:Germany

Address

1 Matheson Street, Times Square, 31st Floor, Tower Two, Causeway Bay, Hong Kong, HKG

Website

https://www.zhaojin.com.cn

Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The exploration, mining, ore processing, smelting, and sale of gold and other metallic products, is a large integrated mining enterprise specializing in the production of gold. It produces two kinds of gold products, Au9999 and Au9995 gold bullions under the brand Zhaojin. It has three reportable operating segments, the gold operations segment consists of gold mining and smelting operations; the copper operations segment consists of copper mining and smelting operations; the others segment comprises other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services and engineering design and consulting services.

Executives

Van Eck Associates Corporation	2102 Investment manager
Shan Dong Zhao Jin Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Shan Xiang Gang Guo Ji Kuang Ye You Xian Gong Si	2101 Beneficial owner
Fosun International Holdings Ltd.	2201 Interest of corporation controlled by you
Fosun International Limited	2201 Interest of corporation controlled by you
Guo Guangchang	2201 Interest of corporation controlled by you
Shanghai Fosun Industrial Investment Co., Ltd.	2201 Interest of corporation controlled by you
Shang Hai Yu Yuan Lv You Shang Cheng Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Vaneck Etf - Vaneck Gold Miners Etf	2101 Beneficial owner

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