Shenzhen Xinyuren Technology Co (SHSE:688573) Accounts Payable & Accrued Expense : ¥784.5 Mil (As of Mar. 2025)

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What is Shenzhen Xinyuren Technology Co Accounts Payable & Accrued Expense?

Shenzhen Xinyuren Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥643.0 Mil) to Dec. 2024 (¥691.4 Mil) and increased from Dec. 2024 (¥691.4 Mil) to Mar. 2025 (¥784.5 Mil).

Shenzhen Xinyuren Technology Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥567.7 Mil) to Dec. 2023 (¥591.7 Mil) and increased from Dec. 2023 (¥591.7 Mil) to Dec. 2024 (¥691.4 Mil).

Shenzhen Xinyuren Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Xinyuren Technology 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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Shenzhen Xinyuren Technology Co Accounts Payable & Accrued Expense Chart

Shenzhen Xinyuren Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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134.33

567.69

591.66

691.43

Shenzhen Xinyuren Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											580.68	621.24	642.99	691.43	784.54

Shenzhen Xinyuren Technology 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.

Shenzhen Xinyuren Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Xinyuren Technology Co Ltd (SHSE:688573) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

Longcheng Street, 1st - 4th Floor, No. 2 Factory Building, Huilongpu Community, Hongfeng (Longgang) Industrial Factory, Longgang District, Guangdong, Shenzhen, CHN, 518172

Website

https://www.xinyuren.com

Shenzhen Xinyuren Technology Co Ltd is a national high-tech enterprise focusing on high-end equipment. It is mainly engaged in the research and development, production and sales of intelligent manufacturing high-end equipment. The products mainly include lithium-ion battery production equipment and its key components parts and other automation equipment, providing high-end equipment and automation solutions for customers in industries such as lithium-ion batteries, optoelectronics, medical supplies, and hydrogen fuel cells.

Shenzhen Xinyuren Technology Co Headlines

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