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Shenyang Fortune Precision Equipment Co (SHSE:688409) Accounts Payable & Accrued Expense : ¥812 Mil (As of Mar. 2024)


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What is Shenyang Fortune Precision Equipment Co Accounts Payable & Accrued Expense?

Shenyang Fortune Precision Equipment Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥747 Mil) to Dec. 2023 (¥930 Mil) but then declined from Dec. 2023 (¥930 Mil) to Mar. 2024 (¥812 Mil).

Shenyang Fortune Precision Equipment Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥395 Mil) to Dec. 2022 (¥653 Mil) and increased from Dec. 2022 (¥653 Mil) to Dec. 2023 (¥930 Mil).


Shenyang Fortune Precision Equipment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenyang Fortune Precision Equipment 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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Shenyang Fortune Precision Equipment Co Accounts Payable & Accrued Expense Chart

Shenyang Fortune Precision Equipment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 64.69 138.27 395.10 653.35 929.85

Shenyang Fortune Precision Equipment Co Quarterly Data
Dec18 Dec19 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 618.75 659.83 746.73 929.85 812.11

Shenyang Fortune Precision Equipment 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.


Shenyang Fortune Precision Equipment Co (SHSE:688409) Business Description

Traded in Other Exchanges
N/A
Address
No. 18A-1, Feiyun Road, Hunnan District, Liaoning Province, Shenyang, CHN, 110168
Shenyang Fortune Precision Equipment Co Ltd focuses on the precision manufacturing technology of metal parts and components, and has mastered one-stop manufacturing processes such as precision machinery manufacturing, high-cleanliness surface treatment, welding, assembly, and testing that can meet stringent standards.

Shenyang Fortune Precision Equipment Co (SHSE:688409) Headlines

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