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China Art Financial Holdings (HKSE:01572) Accounts Payable & Accrued Expense : HK$13.15 Mil (As of Dec. 2023)


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What is China Art Financial Holdings Accounts Payable & Accrued Expense?

China Art Financial Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$2.26 Mil) to Jun. 2023 (HK$5.23 Mil) and increased from Jun. 2023 (HK$5.23 Mil) to Dec. 2023 (HK$13.15 Mil).

China Art Financial Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$4.92 Mil) to Dec. 2022 (HK$2.26 Mil) but then increased from Dec. 2022 (HK$2.26 Mil) to Dec. 2023 (HK$13.15 Mil).


China Art Financial Holdings Accounts Payable & Accrued Expense Historical Data

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

China Art Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.63 117.04 4.92 2.26 13.15

China Art Financial Holdings Semi-Annual Data
Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.92 4.63 2.26 5.23 13.15

China Art Financial 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 Art Financial Holdings (HKSE:01572) Business Description

Traded in Other Exchanges
Address
63 Jingyi South Road, Yicheng Street, Jiangsu Province, Yixing City, CHN
China Art Financial Holdings Ltd is an art finance service provider in China. It is engaged in operating art financing channels. The operating business segments of the company are Art and asset pawn business; Art and asset auction business, and Art and asset sales business. The company auctions products like Zisha artwork, Calligraphies and paintings, Jewel artwork, and others. Geographically, the company has a business presence in China and Hong Kong, of which a majority of the revenue is derived from China. The group's revenue is principally derived from PRC.
Executives
Zhongtai International Asset Management (singapore) Pte. Ltd. 2102 Investment manager
Lai Wing Lun 2104 Agent
Arab Osman Mohammed 2104 Agent
Win Win Stable No.5 Fund Sp 2106 Person having a security interest in shares
Xu Min 2103 Interests held jointly with another person
Zhou Jianyuan 2202 Interest of your spouse
Zhang Xiaoxing 2202 Interest of your spouse
Yubo Investment Co. Ltd 2201 Interest of corporation controlled by you
Xu Zhongliang 2202 Interest of your spouse
Fan Qinzhi 2103 Interests held jointly with another person
Wu Jian 2103 Interests held jointly with another person
Wang Jiansong 2201 Interest of corporation controlled by you
Mauve Jade Investment Limited 2201 Interest of corporation controlled by you
Intelligenesis Investment Co., Ltd 2101 Beneficial owner
Golden Sand Investment Company Limited 2201 Interest of corporation controlled by you

China Art Financial Holdings (HKSE:01572) Headlines

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