China Rongzhong Financial Holdings Co (HKSE:03963) Accounts Payable & Accrued Expense : HK$1.34 Mil (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is China Rongzhong Financial Holdings Co Accounts Payable & Accrued Expense?

China Rongzhong Financial Holdings Co's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$0.24 Mil) to Mar. 2023 (HK$1.58 Mil) but then declined from Mar. 2023 (HK$1.58 Mil) to Sep. 2023 (HK$1.34 Mil).

China Rongzhong Financial Holdings Co's annual accounts payable & accrued expense increased from Mar. 2021 (HK$16.09 Mil) to Mar. 2022 (HK$94.30 Mil) but then declined from Mar. 2022 (HK$94.30 Mil) to Mar. 2023 (HK$1.58 Mil).

China Rongzhong Financial Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Rongzhong Financial 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.

* Premium members only.

China Rongzhong Financial Holdings Co Accounts Payable & Accrued Expense Chart

China Rongzhong Financial Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

16.02

15.68

16.09

94.30

1.58

China Rongzhong Financial Holdings Co Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													17.99	94.30	0.24	1.58	1.34

China Rongzhong Financial 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.

China Rongzhong Financial Holdings Co (HKSE:03963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Rongzhong Financial Holdings Co Ltd (HKSE:03963) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, Unit 3901, 39th floor, Tower One, Lippo Centre, Hong Kong, HKG

Website

http://www.chinarzfh.com

China Rongzhong Financial Holdings Co Ltd provides financial leasing services in the People's Republic of China. It operates in two segments Leasing services which include direct leasing and operating lease; and Debt collection and credit investigation services. It also provides advisory and consultancy services to its finance lease customers. Its revenue is derived from advisory income and interest income from the loan, government incentives, and bank interest income. The majority of the company's revenue from operations is derived from the People's Republic of China.

Executives

Goldbond Group Holdings Limited	2101 Beneficial owner
Wong Yu Lung, Charles	2301 Trustee
Wong Fang Pik Chun	2301 Trustee
Kwok Gareth Wing-sien	2202 Interest of your spouse
Wong Yatyee Michelle	2305 Beneficiary of a trust
Wong Jacqueline Yue Yee	2305 Beneficiary of a trust
Xie Xiaoqing
Yong Hua International Limited
Perfect Honour Limited	2101 Beneficial owner
Yeung Nam	2202 Interest of your spouse
Lee Cheuk Yin Dannis	2101 Beneficial owner
Zhao John Huan	2201 Interest of corporation controlled by you
Silver Creation Investments Limited	2101 Beneficial owner
Hony Managing Partners Limited	2201 Interest of corporation controlled by you
Hony Group Management Limited	2201 Interest of corporation controlled by you

China Rongzhong Financial Holdings Co (HKSE:03963) Headlines

No Headlines