China Tangshang Holdings (HKSE:00674) Accounts Payable & Accrued Expense : HK$162.5 Mil (As of Sep. 2023)

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What is China Tangshang Holdings Accounts Payable & Accrued Expense?

China Tangshang Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$123.6 Mil) to Mar. 2023 (HK$325.6 Mil) but then declined from Mar. 2023 (HK$325.6 Mil) to Sep. 2023 (HK$162.5 Mil).

China Tangshang Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (HK$59.9 Mil) to Mar. 2022 (HK$137.3 Mil) and increased from Mar. 2022 (HK$137.3 Mil) to Mar. 2023 (HK$325.6 Mil).

China Tangshang Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Tangshang 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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China Tangshang Holdings Accounts Payable & Accrued Expense Chart

China Tangshang Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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108.07

121.87

59.89

137.25

325.61

China Tangshang Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															124.30	137.25	123.57	325.61	162.55

China Tangshang 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.

China Tangshang Holdings (HKSE:00674) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Tangshang Holdings Ltd (HKSE:00674) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Austin Road, Unit 1201, 12th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.ts674.com

China Tangshang Holdings Ltd is a Hong Kong-based investment holding company. It operates in the segments of Property sub-leasing and investment business; Property development business and Money lending business. A majority of revenue is derived from the Property development business which involves the development of real estate. The group's operations are mainly located in Hong Kong and the PRC.

Executives

Chen Weiwu	2101 Beneficial owner
Shenzhen Tangshang Industrial Group Co., Ltd	2201 Interest of corporation controlled by you
Jiang Dingwei	2201 Interest of corporation controlled by you
Shenzhen Yaoling Investment Company Limited	2101 Beneficial owner

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