Haitong Securities Co (SHSE:600837) Accounts Payable & Accrued Expense : ¥15,829 Mil (As of Mar. 2024)

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What is Haitong Securities Co Accounts Payable & Accrued Expense?

Haitong Securities Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥17,717 Mil) to Dec. 2023 (¥18,970 Mil) but then declined from Dec. 2023 (¥18,970 Mil) to Mar. 2024 (¥15,829 Mil).

Haitong Securities Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥23,571 Mil) to Dec. 2022 (¥18,174 Mil) but then increased from Dec. 2022 (¥18,174 Mil) to Dec. 2023 (¥18,970 Mil).

Haitong Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Haitong Securities 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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Haitong Securities Co Accounts Payable & Accrued Expense Chart

Haitong Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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17,742.15

21,634.83

23,571.13

18,173.65

18,970.11

Haitong Securities Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															23,043.11	18,803.90	17,716.86	18,970.11	15,829.30

Haitong Securities 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.

Haitong Securities Co (SHSE:600837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Haitong Securities Co Ltd (SHSE:600837) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

06837:Hong Kong

Address

No. 689 Guangdong Road, Haitong Securities Building, Shanghai, CHN, 200001

Website

https://www.htsec.com

Haitong Securities Co Ltd is engaged in the securities and futures brokerage business, which trades securities and futures for customers such as individuals, enterprises, and financial institutions; investment banking businesses. It operates in Wealth Management; Investment Banking; Asset Management; Trading and Institution; Finance Lease; and other segments. The Wealth Management Segment derives the majority of revenue and engages in the provision of a full range of financial services and investment solutions to retail and high-net-worth clients. Services provided include brokering and dealing in securities and futures, investment consulting, wealth management as well as financial services such as margin financing, security lending, and stock pledge.

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