Sunfonda Group Holdings (HKSE:01771) Accounts Payable & Accrued Expense : HK$1,150 Mil (As of Dec. 2023)

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What is Sunfonda Group Holdings Accounts Payable & Accrued Expense?

Sunfonda Group Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$757 Mil) to Jun. 2023 (HK$1,291 Mil) but then declined from Jun. 2023 (HK$1,291 Mil) to Dec. 2023 (HK$1,150 Mil).

Sunfonda Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,036 Mil) to Dec. 2022 (HK$757 Mil) but then increased from Dec. 2022 (HK$757 Mil) to Dec. 2023 (HK$1,150 Mil).

Sunfonda Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sunfonda 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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Sunfonda Group Holdings Accounts Payable & Accrued Expense Chart

Sunfonda Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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954.84

942.56

1,036.05

756.79

1,149.80

Sunfonda Group Holdings 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															1,036.05	1,266.56	756.79	1,291.25	1,149.80

Sunfonda 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.

Sunfonda Group Holdings (HKSE:01771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sunfonda Group Holdings Ltd (HKSE:01771) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1555 Ouya 1st Road, Sunfonda Automobile Center, Beichen Avenue, Shaanxi Province, Chanba Ecological District, Xi’an, CHN, 710021

Website

https://www.sunfonda.com.cn

Sunfonda Group Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the sale and service of luxury and ultra-luxury car brands in Mainland China. The Group operates in one business unit based on its products, and has one reportable segment, which is the sale of motor vehicles and the provision of related services. In 2021, the Linxia GAC Toyota store in Gansu, the Wuhan BMW store, the Wuxi GAC Toyota store, were successively put into operation, of which the Wuhan BMW Store has the first 4S store of the Group in Central China. In addition, the Group has been authorized to set up new stores including Xi'an Porsche, Yinchuan BMW and Xining BMW and pending commencement of business.

Executives

Golden Speed Enterprises Limited
Top Wheel Limited
Win Force Enterprises Limited
Chiu Man
Wu Tak Lam
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner

Sunfonda Group Holdings (HKSE:01771) Headlines

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