Shanghai Hi-Tech Control System Co (SZSE:002184) Accounts Payable & Accrued Expense : ¥1,967 Mil (As of Mar. 2024)

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What is Shanghai Hi-Tech Control System Co Accounts Payable & Accrued Expense?

Shanghai Hi-Tech Control System Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,039 Mil) to Dec. 2023 (¥2,254 Mil) but then declined from Dec. 2023 (¥2,254 Mil) to Mar. 2024 (¥1,967 Mil).

Shanghai Hi-Tech Control System Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥827 Mil) to Dec. 2022 (¥1,117 Mil) and increased from Dec. 2022 (¥1,117 Mil) to Dec. 2023 (¥2,254 Mil).

Shanghai Hi-Tech Control System Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Hi-Tech Control System 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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Shanghai Hi-Tech Control System Co Accounts Payable & Accrued Expense Chart

Shanghai Hi-Tech Control System Co Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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485.00

769.36

827.26

1,116.94

2,254.30

Shanghai Hi-Tech Control System 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															1,120.96	1,396.25	2,039.07	2,254.30	1,966.68

Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System Co (SZSE:002184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Hi-Tech Control System Co Ltd (SZSE:002184) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 900 Yishan Road, Science and Technology Development Building, Block B, 17F, Shanghai, Shanghai, CHN, 200233

Website

http://www.hite.com.cn

Shanghai Hi-Tech Control System Co Ltd operates in the field of industry informatization and automation. The company provides industry users with informatization and intelligentization control products, electric automation and informatization products. Its products offering include a wind turbine converter, industrial control products and systems, industrial network products, and power electric products.

Executives

Zhao Da Di	Director
Guo Meng Rong	Directors, executives
Xu Hong	Director
Wu Qiu Nong	Directors, executives
Lu Wen Jing	Supervisors
He Yong Jun	Executives
Hu Yu	Executives, directors
Shi Chao Zhu	Director
Zhang Zhe Zhi	Executives
Wang Xiao Bo	Supervisors
Wu Huan Qun	Supervisors
Fang Jian	Director
Sheng Ya Ping	Supervisors

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