Shenzhen Inovance Technology Co (SZSE:300124) Other Current Liabilities : ¥3,604 Mil (As of Mar. 2024)

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What is Shenzhen Inovance Technology Co Other Current Liabilities?

Shenzhen Inovance Technology Co's other current liabilities for the quarter that ended in Mar. 2024 was ¥3,604 Mil.

Shenzhen Inovance Technology Co's quarterly other current liabilities increased from Sep. 2023 (¥1,547 Mil) to Dec. 2023 (¥3,273 Mil) and increased from Dec. 2023 (¥3,273 Mil) to Mar. 2024 (¥3,604 Mil).

Shenzhen Inovance Technology Co's annual other current liabilities increased from Dec. 2021 (¥939 Mil) to Dec. 2022 (¥1,782 Mil) and increased from Dec. 2022 (¥1,782 Mil) to Dec. 2023 (¥3,273 Mil).

Shenzhen Inovance Technology Co Other Current Liabilities Historical Data

The historical data trend for Shenzhen Inovance Technology Co's Other Current Liabilities 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 Inovance Technology Co Other Current Liabilities Chart

Shenzhen Inovance Technology Co Annual Data

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Other Current Liabilities

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Shenzhen Inovance Technology Co Quarterly Data
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Shenzhen Inovance Technology Co Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

Shenzhen Inovance Technology Co Other Current Liabilities Related Terms

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Shenzhen Inovance Technology Co (SZSE:300124) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Inovance Technology Co Ltd (SZSE:300124) » Definitions » Other Current Liabilities

Traded in Other Exchanges

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Address

Liuxian Road No. 70, Building E, Hongwei Industrial Park, Baocheng District, Shenzhen, CHN, 518101

Website

http://www.inovance.cn

Founded in 2003 by a group of ex-engineers from Huawei and Emerson, Shenzhen Inovance Technology develops and manufactures components used in elevators, automation equipment, robots, new energy vehicles, and railways. A partial list of products includes variable frequency drives--also known as inverters--servo systems, sensors, interfaces and motor controllers. Inovance employs about 20,000 staff, including over 4,700 research and development engineers. About 95% of Inovance's sales are made in China. Its headquarters are in Shenzhen with a large regional office in Suzhou, and these major offices are supported by over 10 branches across China.

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