China Cinda Asset Management Co (HKSE:01359) Accounts Payable & Accrued Expense : HK$72,790 Mil (As of Dec. 2023)

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What is China Cinda Asset Management Co Accounts Payable & Accrued Expense?

China Cinda Asset Management Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$75,752 Mil) to Jun. 2023 (HK$75,413 Mil) and declined from Jun. 2023 (HK$75,413 Mil) to Dec. 2023 (HK$72,790 Mil).

China Cinda Asset Management Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$65,445 Mil) to Dec. 2022 (HK$75,752 Mil) but then declined from Dec. 2022 (HK$75,752 Mil) to Dec. 2023 (HK$72,790 Mil).

China Cinda Asset Management Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Cinda Asset Management 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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China Cinda Asset Management Co Accounts Payable & Accrued Expense Chart

China Cinda Asset Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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56,651.02

64,237.57

65,445.36

75,751.79

72,790.44

China Cinda Asset Management Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															65,445.36	67,385.62	75,751.79	75,412.55	72,790.44

China Cinda Asset Management 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.

China Cinda Asset Management Co (HKSE:01359) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Cinda Asset Management Co Ltd (HKSE:01359) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CCGDF:USA

Address

9 Naoshikou Street, No.1 Building, Xicheng District, Beijing, CHN, 100031

Website

https://www.cinda.com.cn

China Cinda Asset Management Co Ltd is an asset management firm with operations in mainland China and Hong Kong. Its parent company was founded with approval from the State Council, with the intent of instituting reforms of state-owned banks. Its principal business segments include primarily Distressed asset management and, secondarily, Financial services. The company has a wide presence throughout the Chinese provinces and operates a few Tier 1 entities. Most of its income is derived from the distressed asset management business segment that comprise debt asset management conducted with respect to distressed assets, DES Assets management, other distressed asset management, and entrusted operation businesses.

Executives

Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui	2101 Beneficial owner
Dbs Group Holdings Ltd	2101 Beneficial owner

China Cinda Asset Management Co (HKSE:01359) Headlines

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