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Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Accounts Payable & Accrued Expense : ¥758 Mil (As of Mar. 2024)


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What is Hefei Metalforming Intelligent Manufacturing Co Accounts Payable & Accrued Expense?

Hefei Metalforming Intelligent Manufacturing Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥773 Mil) to Dec. 2023 (¥957 Mil) but then declined from Dec. 2023 (¥957 Mil) to Mar. 2024 (¥758 Mil).

Hefei Metalforming Intelligent Manufacturing Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥664 Mil) to Dec. 2022 (¥901 Mil) and increased from Dec. 2022 (¥901 Mil) to Dec. 2023 (¥957 Mil).


Hefei Metalforming Intelligent Manufacturing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hefei Metalforming Intelligent Manufacturing 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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Hefei Metalforming Intelligent Manufacturing Co Accounts Payable & Accrued Expense Chart

Hefei Metalforming Intelligent Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 362.87 470.92 663.82 901.31 957.42

Hefei Metalforming Intelligent Manufacturing 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 832.28 755.40 773.05 957.42 757.98

Hefei Metalforming Intelligent Manufacturing 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.


Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Business Description

Traded in Other Exchanges
N/A
Address
Hefei Economic and Technological Development Zone, Ziyun Road 123, Hefei, CHN
Hefei Metalforming Intelligent Manufacturing Co Ltd is engaged in the manufacturing of hydraulic press, mechanical press and other intelligent forming equipment and industrial automation equipment. The company's products and services offerings include Precision drop forging hydraulic press, Pipe straightening machine, Elbow forging hydraulic press, Door plank automatic production line, Internal high pressure forming equipment and others. It provides its solutions to Metal forming field, a Non-metal material forming, Vessal field, Aerospace field, Automobile manufacturing field, Light industry and home, Petrochemical pipe fittings field, Rail transportation field, and others.
Executives
Zhang Lan Jun senior management
Wang Yu Shan senior management
Zhang An Ping Director
Li Gui Shan senior management
Han Xiao Feng Director
Wang Xiao Feng Director
Sun Ge senior management
Wang Lei Director
Li Hui senior management
Shi Jian Wei senior management
Yan Jian Wen Director

Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Headlines

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