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China Ting Group Holdings (HKSE:03398) Accounts Payable & Accrued Expense : HK$618 Mil (As of Dec. 2023)


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What is China Ting Group Holdings Accounts Payable & Accrued Expense?

China Ting Group Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$544 Mil) to Jun. 2023 (HK$527 Mil) but then increased from Jun. 2023 (HK$527 Mil) to Dec. 2023 (HK$618 Mil).

China Ting Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$665 Mil) to Dec. 2022 (HK$544 Mil) but then increased from Dec. 2022 (HK$544 Mil) to Dec. 2023 (HK$618 Mil).


China Ting Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Ting Group 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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China Ting Group Holdings Accounts Payable & Accrued Expense Chart

China Ting Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 401.90 555.39 664.55 544.12 617.83

China Ting Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 664.55 675.24 544.12 527.06 617.83

China Ting Group 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.


China Ting Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
55 King Yip Street, 27th Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
China Ting Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in garment manufacturing for export and retailing branded fashion apparel in Mainland China. It operates in three reportable segments including manufacturing and sale of garments on an original equipment manufacturer (OEM), manufacturing and retailing of branded fashion apparel (Retail), and property investment. It derives the majority of its revenue from the OEM segment. Geographically, it derives a majority of its revenue from the PRC and also has an operation in North America, European Union, Hong Kong, and Other countries.

China Ting Group Holdings Headlines

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