Jinchuan Group International Resources Co (HKSE:02362) Accounts Payable & Accrued Expense : HK$1,235 Mil (As of Dec. 2023)

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What is Jinchuan Group International Resources Co Accounts Payable & Accrued Expense?

Jinchuan Group International Resources Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$1,280 Mil) to Jun. 2023 (HK$1,565 Mil) but then declined from Jun. 2023 (HK$1,565 Mil) to Dec. 2023 (HK$1,235 Mil).

Jinchuan Group International Resources Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,690 Mil) to Dec. 2022 (HK$1,280 Mil) and declined from Dec. 2022 (HK$1,280 Mil) to Dec. 2023 (HK$1,235 Mil).

Jinchuan Group International Resources Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jinchuan Group International Resources 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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Jinchuan Group International Resources Co Accounts Payable & Accrued Expense Chart

Jinchuan Group International Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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371.24

1,486.97

1,689.91

1,279.69

1,234.69

Jinchuan Group International Resources 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															1,689.91	1,357.64	1,279.69	1,565.02	1,234.69

Jinchuan Group International Resources 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.

Jinchuan Group International Resources Co (HKSE:02362) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jinchuan Group International Resources Co Ltd (HKSE:02362) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

JGRRF:USA GDZD:Germany

Address

95 Queensway, Unit 3101, 31st Floor, United Centre, Hong Kong, HKG

Website

http://www.jinchuan-intl.com

Jinchuan Group International Resources Co Ltd, through its subsidiaries, is engaged in mining operations including the production of copper and cobalt. The group's mining operations include two operating mines (Ruashi Mine and Kinsenda Mine), one project at the development stage (Musonoi Project), one exploration project (Lubembe Project), and one mine leased out under a finance lease agreement (Chibuluma South Mine (including Chifupu Deposit)). Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Jin Chuan Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Gan Su Sheng Xin Ye Zi Chan Jing Ying You Xian Ze Ren Gong Si	2101 Beneficial owner
Gan Su Sheng Jing Ji He Zuo Zong Gong Si	2101 Beneficial owner

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