Ximei Resources Holding (HKSE:09936) Accounts Payable & Accrued Expense : HK$112 Mil (As of Dec. 2023)

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What is Ximei Resources Holding Accounts Payable & Accrued Expense?

Ximei Resources Holding's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$159 Mil) to Jun. 2023 (HK$272 Mil) but then declined from Jun. 2023 (HK$272 Mil) to Dec. 2023 (HK$112 Mil).

Ximei Resources Holding's annual accounts payable & accrued expense increased from Dec. 2021 (HK$56 Mil) to Dec. 2022 (HK$159 Mil) but then declined from Dec. 2022 (HK$159 Mil) to Dec. 2023 (HK$112 Mil).

Ximei Resources Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ximei Resources Holding'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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Ximei Resources Holding Accounts Payable & Accrued Expense Chart

Ximei Resources Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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32.10

31.69

55.74

158.73

111.63

Ximei Resources Holding Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								55.74	160.75	158.73	271.73	111.63

Ximei Resources Holding 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.

Ximei Resources Holding (HKSE:09936) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ximei Resources Holding Ltd (HKSE:09936) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hongqiao Village, Qiaotou Town, Guangdong Province, Yingde, CHN

Website

http://www.zhiyuanm.com

Ximei Resources Holding Ltd produces tantalum- and niobium-based metallurgical products in China. Tantalum- and niobium-based metallurgical products are essential in the downstream manufacture of many products used in high-tech industries, such as special alloy, chemical, electronic ceramics, aeronautics, aerospace, high-end electronics, defence and hard alloy. Its principal products are tantalum pentoxide and niobium pentoxide. It also produces and sells potassium heptafluorotantalate. The company sells processed products such as tantalum bars, tantalum carbide, niobium bars and niobium powder, which are produced by engaging third-party metallurgy companies to process the pentoxide products and potassium heptafluorotantalate it produces or purchased from third-party metallurgy companies.

Executives

Ganfeng Lithium Co., Ltd.	2101 Beneficial owner
Jiawei Resources Holding Limited	2101 Beneficial owner
Ruan Xiaomei	2202 Interest of your spouse
Wu Lijue	2201 Interest of corporation controlled by you

Ximei Resources Holding (HKSE:09936) Headlines

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