China CITIC Financial Asset Management Co (HKSE:02799) Accounts Payable & Accrued Expense : HK$26,785 Mil (As of Dec. 2023)

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What is China CITIC Financial Asset Management Co Accounts Payable & Accrued Expense?

China CITIC Financial Asset Management Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$43,179 Mil) to Jun. 2023 (HK$27,861 Mil) and declined from Jun. 2023 (HK$27,861 Mil) to Dec. 2023 (HK$26,785 Mil).

China CITIC Financial Asset Management Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$316,644 Mil) to Dec. 2022 (HK$43,179 Mil) and declined from Dec. 2022 (HK$43,179 Mil) to Dec. 2023 (HK$26,785 Mil).

China CITIC Financial Asset Management Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China CITIC Financial Asset Management 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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China CITIC Financial Asset Management Co Accounts Payable & Accrued Expense Chart

China CITIC Financial Asset Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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384,151.96

427,790.77

316,644.19

43,178.89

26,785.07

China CITIC Financial Asset Management Co Semi-Annual Data
	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														316,644.19	45,964.90	43,178.89	27,861.33	26,785.07

China CITIC Financial Asset Management 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.

China CITIC Financial Asset Management Co (HKSE:02799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China CITIC Financial Asset Management Co Ltd (HKSE:02799) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CHE:Germany

Address

No. 8, Financial Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chamc.com.cn

China Huarong Asset Management Co Ltd operates as an asset manager and provides financial services. It has three segments. Its distressed asset management segment includes policy-related DES asset management business based on the commercial buy-out of the company, special situations investments business, distressed asset-based property development business as well as market-oriented DES business of the group. The financial services segment mainly includes securities and futures business, financial leasing business, and banking services business. Asset management and investment segment mainly includes trust business, international business and other business. It derives the majority of its revenues through its distressed asset management services.

Executives

China Life Franklin Asset Management Co., Limited	2102 Investment manager
China Life Insurance (group) Company	2101 Beneficial owner
China Cinda Asset Management Co., Ltd.	2101 Beneficial owner
Gong Yin Jin Rong Zi Chan Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhong Guo Gong Shang Yin Hang Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui	2101 Beneficial owner
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Warburg Pincus Xi, L.p.	2201 Interest of corporation controlled by you
Wp Xi International Ii Ltd	2201 Interest of corporation controlled by you
Wp Global Llc	2201 Interest of corporation controlled by you
Warburg Pincus Private Equity Xi, L.p.	2201 Interest of corporation controlled by you
Warburg Pincus & Co.	2201 Interest of corporation controlled by you
Sino-ocean Group Holding Limited	2201 Interest of corporation controlled by you
Wisdom City Enterprises Limited	2201 Interest of corporation controlled by you
Sol Investment Fund Lp	2201 Interest of corporation controlled by you

China CITIC Financial Asset Management Co (HKSE:02799) Headlines

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