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Huaibei GreenGold Industry Investment Co (HKSE:02450) Accounts Payable & Accrued Expense : HK$239.4 Mil (As of Dec. 2024)


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What is Huaibei GreenGold Industry Investment Co Accounts Payable & Accrued Expense?

Huaibei GreenGold Industry Investment Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (HK$449.9 Mil) to Jun. 2024 (HK$425.4 Mil) and declined from Jun. 2024 (HK$425.4 Mil) to Dec. 2024 (HK$239.4 Mil).

Huaibei GreenGold Industry Investment Co's annual accounts payable & accrued expense declined from Dec. 2022 (HK$484.1 Mil) to Dec. 2023 (HK$449.9 Mil) and declined from Dec. 2023 (HK$449.9 Mil) to Dec. 2024 (HK$239.4 Mil).


Huaibei GreenGold Industry Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Huaibei GreenGold Industry Investment 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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Huaibei GreenGold Industry Investment Co Accounts Payable & Accrued Expense Chart

Huaibei GreenGold Industry Investment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 117.53 476.54 484.11 449.87 239.35

Huaibei GreenGold Industry Investment Co Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 484.11 456.87 449.87 425.38 239.35

Huaibei GreenGold Industry Investment 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.


Huaibei GreenGold Industry Investment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Taobo Road, 4th Floor, Shuangchuang Service Centre, Song Tuan Town, Lieshan District, Anhui Province, Huaibei, CHN
Huaibei GreenGold Industry Investment Co Ltd is a China-based company chiefly engaged in the production and sales of construction material products. The company's main products include aggregate products, concrete products, and agency services of concrete products. The company derives maximum revenue from Sales of aggregate products and others.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Chu David 2101 Beneficial owner

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