Xinzhi Group Co (SZSE:002664) Accounts Payable & Accrued Expense : ¥3,560 Mil (As of Mar. 2025)

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What is Xinzhi Group Co Accounts Payable & Accrued Expense?

Xinzhi Group Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥3,572 Mil) to Dec. 2024 (¥3,539 Mil) but then increased from Dec. 2024 (¥3,539 Mil) to Mar. 2025 (¥3,560 Mil).

Xinzhi Group Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥2,338 Mil) to Dec. 2023 (¥2,832 Mil) and increased from Dec. 2023 (¥2,832 Mil) to Dec. 2024 (¥3,539 Mil).

Xinzhi Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinzhi Group 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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Xinzhi Group Co Accounts Payable & Accrued Expense Chart

Xinzhi Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1,541.83

1,572.17

2,338.22

2,831.99

3,539.08

Xinzhi Group 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															3,172.38	3,385.26	3,571.66	3,539.08	3,559.76

Xinzhi Group 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.

Xinzhi Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xinzhi Group Co Ltd (SZSE:002664) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.28 Xinzhi Road, Qiansuo Town, Jiaojiang District, Taizhou, Zhejiang, CHN, 318016

Website

http://www.chinaxinzhi.com

Xinzhi Group Co Ltd is mainly engaged in the research and development, production and sales of various motors and their core components, and provides professional supporting services for large electrical and electrical manufacturers at home and abroad, such as Valeo, Bosch, Denso and others.

Executives

Yin Wei	Director
Yu De Yun	Director
Qin Xiang Qiu	Directors, executives
Fu Jun Hui	Executives
Liang Jun	Supervisors
Xiang Zhao Xian	Directors, executives
Yin Qiang	Director
Ye Xiao Qing	Director
Zhu Bin	Secretary Dong

Xinzhi Group Co Headlines

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