Shandong Hi-Speed Holdings Group (FRA:HRI) Accounts Payable & Accrued Expense : €346.0 Mil (As of Dec. 2023)

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What is Shandong Hi-Speed Holdings Group Accounts Payable & Accrued Expense?

Shandong Hi-Speed Holdings Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (€462.6 Mil) to Jun. 2023 (€411.4 Mil) and declined from Jun. 2023 (€411.4 Mil) to Dec. 2023 (€346.0 Mil).

Shandong Hi-Speed Holdings Group's annual accounts payable & accrued expense increased from Dec. 2021 (€22.8 Mil) to Dec. 2022 (€462.6 Mil) but then declined from Dec. 2022 (€462.6 Mil) to Dec. 2023 (€346.0 Mil).

Shandong Hi-Speed Holdings Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong Hi-Speed Holdings Group'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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Shandong Hi-Speed Holdings Group Accounts Payable & Accrued Expense Chart

Shandong Hi-Speed Holdings Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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25.81

32.10

22.78

462.62

346.04

Shandong Hi-Speed Holdings Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.78	518.54	462.62	411.45	346.04

Shandong Hi-Speed Holdings Group 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.

Shandong Hi-Speed Holdings Group (FRA:HRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong Hi-Speed Holdings Group Ltd (FRA:HRI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

00412:Hong Kong

Address

No. 50 Connaught Road Central, 17th Floor, Agricultural Bank of China Tower, Hong Kong, HKG

Website

https://www.csfg.com.hk

Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include Industrial investment segment in operations of industrial investment-related business; Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; Non-standard investment segment in direct investment business, investments in debts instruments, unlisted bonds & investment funds; Licensed financial services segment in provision of money lending services, securities brokerage services, asset management services & asset trading platform; & Financial technology segment in online investment & technology-enabled lending services & online new media services. The majority is from the Industrial Investment segment & key revenue is from PRC.