Tian Chang Group Holdings (HKSE:02182) Accounts Payable & Accrued Expense : HK$74.8 Mil (As of Jun. 2024)

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What is Tian Chang Group Holdings Accounts Payable & Accrued Expense?

Tian Chang Group Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$122.6 Mil) to Dec. 2023 (HK$76.6 Mil) and declined from Dec. 2023 (HK$76.6 Mil) to Jun. 2024 (HK$74.8 Mil).

Tian Chang Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$281.6 Mil) to Dec. 2022 (HK$219.6 Mil) and declined from Dec. 2022 (HK$219.6 Mil) to Dec. 2023 (HK$76.6 Mil).

Tian Chang Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tian Chang Group 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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Tian Chang Group Holdings Accounts Payable & Accrued Expense Chart

Tian Chang Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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210.85

212.43

281.64

219.57

76.62

Tian Chang Group Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													-	219.57	122.59	76.62	74.83

Tian Chang Group 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.

Tian Chang Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tian Chang Group Holdings Ltd (HKSE:02182) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Hoi Yuen Road, Workshop Unit 6, 13th Floor, Block B, Hoi Luen Industrial Centre, Kwun Tong, Hong Kong, HKG

Website

https://www.hktcgroup.com

Tian Chang Group Holdings Ltd is principally engaged in manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and in the PRC. It operates in the segments of Integrated plastic solutions segment, Electronic cigarette products segment, and Medical consumable products segment. The E-cigarettes products segment involves the manufacture and sales of e-cigarette products whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. It derives key revenue from the PRC.

Executives

Chan Tsan Lam	2101 Beneficial owner
Fung Suk Yee May	2202 Interest of your spouse
Cheng Chak	2101 Beneficial owner
Oceanic Green Group Limited
New Strength Ventures Limited	2101 Beneficial owner
Gold Alliance Ventures Limited	2101 Beneficial owner
New Straits Ventures Limited	2101 Beneficial owner

Tian Chang Group Holdings Headlines

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