Chen Xing Development Holdings (HKSE:02286) Accounts Payable & Accrued Expense : HK$4,054.6 Mil (As of Jun. 2023)

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What is Chen Xing Development Holdings Accounts Payable & Accrued Expense?

Chen Xing Development Holdings's quarterly accounts payable & accrued expense increased from Jun. 2022 (HK$4,380.8 Mil) to Dec. 2022 (HK$4,570.5 Mil) but then declined from Dec. 2022 (HK$4,570.5 Mil) to Jun. 2023 (HK$4,054.6 Mil).

Chen Xing Development Holdings's annual accounts payable & accrued expense increased from Dec. 2020 (HK$1,787.1 Mil) to Dec. 2021 (HK$2,504.7 Mil) and increased from Dec. 2021 (HK$2,504.7 Mil) to Dec. 2022 (HK$4,570.5 Mil).

Chen Xing Development Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chen Xing Development 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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Chen Xing Development Holdings Accounts Payable & Accrued Expense Chart

Chen Xing Development Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,382.43

1,787.08

2,504.73

4,570.54

2,080.28

Chen Xing Development 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															2,504.73	4,380.79	4,570.54	4,054.56	2,080.28

Chen Xing Development 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.

Chen Xing Development Holdings (HKSE:02286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chen Xing Development Holdings Ltd (HKSE:02286) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

18 Anning Street, Yuci District, Shanxi Province, Jinzhong, CHN

Website

http://www.chen-xing.cn

Chen Xing Development Holdings Ltd is an investment holding company. Through its subsidiaries, the company is engaged in property development operations and focuses mainly on the development of residential, and to a less extent, commercial property development projects. It derives primary revenue from the sale of properties, and other source of revenue includes property leasing income. Geographically, the company principally operates in Mainland China.

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