Huashi Group Holdings (HKSE:01111) Accounts Payable & Accrued Expense : HK$17.1 Mil (As of Dec. 2022)

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What is Huashi Group Holdings Accounts Payable & Accrued Expense?

Huashi Group Holdings's quarterly accounts payable & accrued expense increased from Dec. 2020 (HK$14.2 Mil) to Dec. 2021 (HK$18.1 Mil) but then declined from Dec. 2021 (HK$18.1 Mil) to Dec. 2022 (HK$17.1 Mil).

Huashi Group Holdings's annual accounts payable & accrued expense increased from Dec. 2020 (HK$14.2 Mil) to Dec. 2021 (HK$18.1 Mil) but then declined from Dec. 2021 (HK$18.1 Mil) to Dec. 2022 (HK$17.1 Mil).

Huashi Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Huashi Group Holdings'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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Huashi Group Holdings Accounts Payable & Accrued Expense Chart

Huashi Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

14.19

18.08

17.10

96.00

Huashi Group Holdings Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	14.19	18.08	17.10	96.00

Huashi Group Holdings 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.

Huashi Group Holdings (HKSE:01111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN

Website

http://www.youmeimu.com

Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.

Executives

Chen Jicheng	2201 Interest of corporation controlled by you
Wang Shujin	2201 Interest of corporation controlled by you
Nie Xing	2201 Interest of corporation controlled by you
Jia Yi Wen Hua Chuan Mei You Xian Gong Si	2101 Beneficial owner
Yuan Jin Wen Hua Chuan Mei You Xian Gong Si	2101 Beneficial owner
You Xin Zi Ben You Xian Gong Si	2101 Beneficial owner

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