Tian Cheng Holdings (HKSE:02110) Accounts Payable: HK$14.9 Mil (As of Nov. 2025)

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What is Tian Cheng Holdings Accounts Payable?

Tian Cheng Holdings HKSE:02110 -1.56% Accounts Payable is HK$14.9 Mil as of Nov. 2025. The stock has 3 warning signs investors should review.

Tian Cheng Holdings's Accounts Payable for the quarter that ended in Nov. 2025 was HK$14.9 Mil.

Tian Cheng Holdings's quarterly Accounts Payable declined from Nov. 2024 (HK$23.7 Mil) to May. 2025 (HK$23.4 Mil) and declined from May. 2025 (HK$23.4 Mil) to Nov. 2025 (HK$14.9 Mil).

Tian Cheng Holdings's annual Accounts Payable increased from May. 2023 (HK$17.5 Mil) to May. 2024 (HK$28.3 Mil) but then declined from May. 2024 (HK$28.3 Mil) to May. 2025 (HK$23.4 Mil).

Tian Cheng Holdings Accounts Payable Related Terms

Tian Cheng Holdings Accounts Payable Historical Data

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The historical data trend for Tian Cheng Holdings's Accounts Payable 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.

Tian Cheng Holdings Accounts Payable Chart

Tian Cheng Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only 45.08 19.89 17.46 28.28 23.43

Tian Cheng Holdings Semi-Annual Data
May17 May18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Accounts Payable 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 24.32 28.28 23.68 23.43 14.86

Tian Cheng Holdings Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of HK$14.9 Mil mean?
Tian Cheng Holdings (HKSE:02110) has a Accounts Payable of HK$14.9 Mil as of Nov. 2025. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Tian Cheng Holdings and its competitors.
Is Tian Cheng Holdings' Accounts Payable too high?
Tian Cheng Holdings' current Accounts Payable is HK$14.9 Mil.
How does Tian Cheng Holdings' Accounts Payable compare to PWR and FIX?
Tian Cheng Holdings' Accounts Payable of HK$14.9 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Construction company?
A good Accounts Payable depends on the Construction industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Tian Cheng Holdings and its competitors. Tian Cheng Holdings's current Accounts Payable is HK$14.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Cheng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Cheng Holdings (HKSE:02110) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.06 — trading 37% below its estimated fair value. The current Accounts Payable is HK$14.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Tian Cheng Holdings (HKSE:02110), the current Accounts Payable is HK$14.9 Mil as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tian Cheng Holdings Business Description

Address 68 Mody Road, Rooms 506-507A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tian Cheng Holdings Ltd is a subcontractor specializing in marine construction and civil engineering projects, and engages in marine works including reclamation, sand adjustment, submarine pipeline, sedimentation, and sediment treatment. The company also provides vessel chartering and other civil engineering services such as foundation works, site formation, road, and drainage works. It operates through four segments: Marine Construction Works, Other Civil Engineering Works, Health and Wellness Services, and Vessel Chartering Services. The company generates the majority of its revenue from marine construction and operates mainly in Hong Kong and the PRC, with the majority of revenue coming from Hong Kong.