Chi Kan Holdings (HKSE:09913) Accounts Payable & Accrued Expense : HK$94 Mil (As of Sep. 2023)

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What is Chi Kan Holdings Accounts Payable & Accrued Expense?

Chi Kan Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$87 Mil) to Mar. 2023 (HK$188 Mil) but then declined from Mar. 2023 (HK$188 Mil) to Sep. 2023 (HK$94 Mil).

Chi Kan Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$71 Mil) to Mar. 2022 (HK$112 Mil) and increased from Mar. 2022 (HK$112 Mil) to Mar. 2023 (HK$188 Mil).

Chi Kan Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chi Kan 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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Chi Kan Holdings Accounts Payable & Accrued Expense Chart

Chi Kan Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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24.42

41.71

71.18

112.18

187.70

Chi Kan Holdings Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						97.24	112.18	87.31	187.70	93.72

Chi Kan 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.

Chi Kan Holdings (HKSE:09913) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Kan Holdings Ltd (HKSE:09913) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 650 Cheung Sha Wan Road, Rooms 1008 and 1009, 10th Floor, China Shipbuilding Tower, Kowloon, Hong Kong, HKG

Website

http://www.chikanck.com

Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The Company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminium and steel. It also provides other construction services, including plastering, installing curtain walls and other miscellaneous works on an ancillary basis. It derives all its revenue from Hong Kong.

Executives

Ct Vision Strategic Company Limited	2101 Beneficial owner
Ho Chun Kit Gregory	2201 Interest of corporation controlled by you
Magnificent Faith Limited	2101 Beneficial owner
Li Qiang	2201 Interest of corporation controlled by you
Zhongchuang Boli (hong Kong) Co., Ltd.	2101 Beneficial owner
Chan May Kiu	2202 Interest of your spouse
Lo Hon Kwong	2201 Interest of corporation controlled by you
Zhong Chuang Bo Li Ke Ji Kong Gu You Xian Gong Si	2101 Beneficial owner

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