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REM Group (Holdings) (HKSE:01750) Accounts Payable & Accrued Expense : HK$22.9 Mil (As of Dec. 2023)


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What is REM Group (Holdings) Accounts Payable & Accrued Expense?

REM Group (Holdings)'s quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$41.4 Mil) to Jun. 2023 (HK$29.9 Mil) and declined from Jun. 2023 (HK$29.9 Mil) to Dec. 2023 (HK$22.9 Mil).

REM Group (Holdings)'s annual accounts payable & accrued expense declined from Dec. 2021 (HK$42.8 Mil) to Dec. 2022 (HK$41.4 Mil) and declined from Dec. 2022 (HK$41.4 Mil) to Dec. 2023 (HK$22.9 Mil).


REM Group (Holdings) Accounts Payable & Accrued Expense Historical Data

The historical data trend for REM Group (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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REM Group (Holdings) Accounts Payable & Accrued Expense Chart

REM Group (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 32.91 41.17 42.80 41.42 22.85

REM Group (Holdings) Semi-Annual Data
Dec15 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 42.80 45.78 41.42 29.85 22.85

REM Group (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.


REM Group (Holdings) (HKSE:01750) Business Description

Traded in Other Exchanges
N/A
Address
No. 70 Wing Tai Road, Unit 5, 4th Floor, Chai Wan Industrial City Phase II, Hong Kong, HKG
REM Group (Holdings) Ltd is a manufacturer and supplier of low-voltage electrical power distribution and control devices., including low-voltage switchboard, local motor control panel, motor control center, electrical distribution board, control box, and electrical parts and replacements and by location of delivery to customers in Hong Kong and PRC. Geographically, it derives the majority of revenue in PRC.
Executives
Huang Xiao Ying 2202 Interest of your spouse
Unique Best Limited 2101 Beneficial owner
Wan Union Limited 2201 Interest of corporation controlled by you
Wans Limited 2201 Interest of corporation controlled by you
Lam Yin 2202 Interest of your spouse
Leung Ka Wai 2201 Interest of corporation controlled by you
Que Emi 2202 Interest of your spouse
Wan Man Keung 2201 Interest of corporation controlled by you
Wun Chi Wai 2201 Interest of corporation controlled by you
Wan Chak Ming 2101 Beneficial owner
Wan Po Kwan 2101 Beneficial owner

REM Group (Holdings) (HKSE:01750) Headlines

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