Zhengye International Holdings Co (HKSE:03363) Accounts Payable & Accrued Expense : HK$537 Mil (As of Dec. 2023)

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What is Zhengye International Holdings Co Accounts Payable & Accrued Expense?

Zhengye International Holdings Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$406 Mil) to Jun. 2023 (HK$461 Mil) and increased from Jun. 2023 (HK$461 Mil) to Dec. 2023 (HK$537 Mil).

Zhengye International Holdings Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$435 Mil) to Dec. 2022 (HK$406 Mil) but then increased from Dec. 2022 (HK$406 Mil) to Dec. 2023 (HK$537 Mil).

Zhengye International Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhengye International Holdings 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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Zhengye International Holdings Co Accounts Payable & Accrued Expense Chart

Zhengye International Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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349.83

329.99

434.84

405.61

537.02

Zhengye International Holdings 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															434.84	421.43	405.61	460.64	537.02

Zhengye International Holdings 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.

Zhengye International Holdings Co (HKSE:03363) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Zhengye International Holdings Co Ltd (HKSE:03363) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

28 Boai No.6 Road, 20th Floor, Building 2, Ocean Plaza, Eastern District, Guangdong, Zhongshan, CHN

Website

http://www.zhengye-cn.com

Zhengye International Holdings Co Ltd is an investment holding company. The company, along with its subsidiaries, is principally engaged in the manufacturing and sale of paper, paperboard and paper-based packaging products. Operating Segments of the company are 1) Packaging paper segment produces and sells corrugated medium paper and craft paper. 2) Paper-based packaging products segment produces and sells craft cartons, color-printed cartons, honeycomb paper products and color box packaging. It operates in PRC.

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