China Nature Energy Technology Holdings (HKSE:01597) Accounts Payable & Accrued Expense : HK$186.2 Mil (As of Dec. 2023)

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What is China Nature Energy Technology Holdings Accounts Payable & Accrued Expense?

China Nature Energy Technology Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$140.9 Mil) to Jun. 2023 (HK$188.5 Mil) but then declined from Jun. 2023 (HK$188.5 Mil) to Dec. 2023 (HK$186.2 Mil).

China Nature Energy Technology Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$225.7 Mil) to Dec. 2022 (HK$140.9 Mil) but then increased from Dec. 2022 (HK$140.9 Mil) to Dec. 2023 (HK$186.2 Mil).

China Nature Energy Technology Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Nature Energy Technology 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 Nature Energy Technology Holdings Accounts Payable & Accrued Expense Chart

China Nature Energy Technology Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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107.19

244.84

225.68

140.87

186.17

China Nature Energy Technology Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						225.68	189.39	140.87	188.51	186.17

China Nature Energy Technology 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 Nature Energy Technology Holdings (HKSE:01597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Nature Energy Technology Holdings Ltd (HKSE:01597) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building A, Standard Factory Phase II, Runzhou Road, Huishan Industrial Transformation Park, Jiangsu Province, Wuxi, CHN

Website

www.jyhyne.com

China Nature Energy Technology Holdings Ltd is engaged in the integration, manufacturing, and sales of pitch control systems and related components, wind power generation, wind farm operation, maintenance business, and provision of wind energy-related consultancy services in the People's Republic of China. Its segments include Sales of pitch control systems and related components; Sales of wind power; Wind farm operation and maintenance business; and Provision of wind energy-related consultancy services. It derives a majority of the revenue from research and development, integration, manufacturing, and sale of pitch control systems and related components in wind turbine manufacturing.

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