Shanghai International Port (Group) Co (SHSE:600018) Accounts Payable & Accrued Expense : ¥11,905 Mil (As of Mar. 2024)

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What is Shanghai International Port (Group) Co Accounts Payable & Accrued Expense?

Shanghai International Port (Group) Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥11,521 Mil) to Dec. 2023 (¥13,079 Mil) but then declined from Dec. 2023 (¥13,079 Mil) to Mar. 2024 (¥11,905 Mil).

Shanghai International Port (Group) Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥10,228 Mil) to Dec. 2022 (¥11,128 Mil) and increased from Dec. 2022 (¥11,128 Mil) to Dec. 2023 (¥13,079 Mil).

Shanghai International Port (Group) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai International Port (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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Shanghai International Port (Group) Co Accounts Payable & Accrued Expense Chart

Shanghai International Port (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,677.38

8,603.89

10,228.08

11,127.88

13,078.80

Shanghai International Port (Group) 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															10,317.81	13,879.61	11,521.44	13,078.80	11,904.81

Shanghai International Port (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.

Shanghai International Port (Group) Co (SHSE:600018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai International Port (Group) Co Ltd (SHSE:600018) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

358 East Daming Road, Shanghai, CHN, 200080

Website

http://www.portshanghai.com.cn

Shanghai International Port Group, or SIPG, is the world's largest container port in terms of throughput volume, and a major trans-shipment hub in China. It engages in handling port containers and bulk cargo along with other container-related services in the Yangtze River Delta. The gross profit in core port operation is approximately 72% in containers, 2% in bulk cargo, and 26% in port logistics and services. The Shanghai state-owned Asset Supervision and Administration Commission holds approximately a 44% stake in SIPG.

Executives

Wang Hai Jian	senior management
Ding Xiang Ming	senior management
Zhang Min	senior management
Yan Jun	Directors, senior managers
Fang Huai Jin	senior management
Yang Zhi Yong	senior management
Zhang Xin	senior management
Wang Lin Lin	senior management
Liu Gang	Supervisors
Yu Wei	senior management
Yang Hai Feng	Supervisors
Zhou Yuan Kang	Supervisors
Zhuang Xiao Qing	Director
Zhang You Lin	Supervisors

Shanghai International Port (Group) Co (SHSE:600018) Headlines

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