Hongda Xingye Co (SZSE:002002) Accounts Payable & Accrued Expense : ¥2,329 Mil (As of Sep. 2023)

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What is Hongda Xingye Co Accounts Payable & Accrued Expense?

Hongda Xingye Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥1,996 Mil) to Jun. 2023 (¥2,122 Mil) and increased from Jun. 2023 (¥2,122 Mil) to Sep. 2023 (¥2,329 Mil).

Hongda Xingye Co's annual accounts payable & accrued expense declined from Dec. 2020 (¥3,235 Mil) to Dec. 2021 (¥2,338 Mil) and declined from Dec. 2021 (¥2,338 Mil) to Dec. 2022 (¥1,985 Mil).

Hongda Xingye Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hongda Xingye 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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Hongda Xingye Co Accounts Payable & Accrued Expense Chart

Hongda Xingye Co Annual Data

Trend

Dec13

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Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2,901.60

3,030.29

3,234.53

2,337.62

1,984.69

Hongda Xingye Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,839.24	1,984.69	1,996.10	2,122.34	2,329.19

Hongda Xingye 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.

Hongda Xingye Co (SZSE:002002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hongda Xingye Co Ltd (SZSE:002002) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.1 Guangzhou Circle Road, Guangzhou Circle, 28th Floor, Guangzhou, CHN, 510385

Website

http://www.002002.cn

Hongda Xingye Co Ltd is a Chinese chemical resource company. It is engaged in the manufacture and sale of chemical products. The business areas of the company are New materials, Environmental protection, and Electronic trading. It offers products like soil conditioner, desulfurizer; environmental modification engineering services such as soil remediation, desulfuration, and denitration; PVC new materials like PVC, modified PVC, PVC building formwork, PVC pharmaceutical packaging material, PVC ecological houses; rare earth new materials such as rare earth heat stabilizer and rare earth catalyst. In addition, the company also provide services of the business to business e-commerce, comprehensive logistics, technical support for large spot industrial raw materials.

Executives

Chen Yong	Supervisors
Liao Rui Hao	Independent director
Zhou Yi Feng	Directors, executives
Lin Shao Han	Secretary, Director
Liu Dong Sheng	Independent director
Wang Yu Yue	Directors, executives
Yu Jing	Securities Affairs Representative
Huang Ze Jun	Executives
Ni Bao Zhu	Executives
Fan Yu Ren	Director

Hongda Xingye Co (SZSE:002002) Headlines

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