Hengtong Logistic Co (SHSE:603223) Accounts Payable & Accrued Expense : ¥523 Mil (As of Mar. 2025)

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What is Hengtong Logistic Co Accounts Payable & Accrued Expense?

Hengtong Logistic Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥744 Mil) to Dec. 2024 (¥585 Mil) and declined from Dec. 2024 (¥585 Mil) to Mar. 2025 (¥523 Mil).

Hengtong Logistic Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥213 Mil) to Dec. 2023 (¥768 Mil) but then declined from Dec. 2023 (¥768 Mil) to Dec. 2024 (¥585 Mil).

Hengtong Logistic Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hengtong Logistic 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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Hengtong Logistic Co Accounts Payable & Accrued Expense Chart

Hengtong Logistic Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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277.49

264.89

213.46

768.47

584.93

Hengtong Logistic Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															530.45	487.28	744.21	584.93	522.99

Hengtong Logistic 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.

Hengtong Logistic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hengtong Logistic Co Ltd (SHSE:603223) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Export-oriented Economic Development Zone Hengtong Logistics Park, Tuchengzi Village, Longkou, CHN, 265716

Website

http://www.lkhengtong.com

Hengtong Logistic Co Ltd is an automotive freight transportation logistics company. It provides services including road freight transport, heavy truck sales and vehicle maintenance, vehicle transportation, lifting, port storage and driver training. It consists of three patterns: physical logistics, clean energy, and internet logistics.

Executives

Liu Zhen Dong	Director
Yu Jiang Shui	Director
Li Jian	senior management
Yu Shi Wei	Director
Wang Guang Chen	senior management
Jie Ling Ling	Director
Li Jia Guo	Supervisors
Liu Guo Yang	Director

Hengtong Logistic Co Headlines

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