Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) Accounts Payable & Accrued Expense : HK$4,440 Mil (As of Dec. 2024)

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What is Yangtze Optical Fibre and Cable Joint Stock Co Accounts Payable & Accrued Expense?

Yangtze Optical Fibre and Cable Joint Stock Co's quarterly accounts payable & accrued expense increased from Jun. 2024 (HK$3,561 Mil) to Sep. 2024 (HK$4,048 Mil) and increased from Sep. 2024 (HK$4,048 Mil) to Dec. 2024 (HK$4,440 Mil).

Yangtze Optical Fibre and Cable Joint Stock Co's annual accounts payable & accrued expense increased from Dec. 2022 (HK$4,714 Mil) to Dec. 2023 (HK$5,010 Mil) but then declined from Dec. 2023 (HK$5,010 Mil) to Dec. 2024 (HK$4,440 Mil).

Yangtze Optical Fibre and Cable Joint Stock Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yangtze Optical Fibre and Cable Joint Stock 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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Yangtze Optical Fibre and Cable Joint Stock Co Accounts Payable & Accrued Expense Chart

Yangtze Optical Fibre and Cable Joint Stock Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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3,122.71

3,751.35

4,713.56

5,009.92

4,439.88

Yangtze Optical Fibre and Cable Joint Stock Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,009.92	3,683.15	3,560.60	4,048.12	4,439.88

Yangtze Optical Fibre and Cable Joint Stock 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.

Yangtze Optical Fibre and Cable Joint Stock Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yangtze Optical Fibre and Cable Joint Stock Ltd Co (HKSE:06869) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

1YO:Germany 601869:China

Address

No. 9 Guanggu Avenue, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073

Website

https://www.yofc.com

Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through three operating segments, optical fibers and optical fiber preforms; and Optical components and modules, optical fiber cables. The manufacture and sale of optical fiber cables provide the company with majority of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.

Executives

Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Draka Comteq B.v.	2101 Beneficial owner
Draka Holding B.v.	2201 Interest of corporation controlled by you
Prysmian S.p.a.	2201 Interest of corporation controlled by you

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