JiaChen Holding Group (HKSE:01937) Accounts Payable & Accrued Expense : HK$62.2 Mil (As of Dec. 2023)

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What is JiaChen Holding Group Accounts Payable & Accrued Expense?

JiaChen Holding Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$44.1 Mil) to Jun. 2023 (HK$26.7 Mil) but then increased from Jun. 2023 (HK$26.7 Mil) to Dec. 2023 (HK$62.2 Mil).

JiaChen Holding Group's annual accounts payable & accrued expense increased from Dec. 2021 (HK$40.3 Mil) to Dec. 2022 (HK$44.1 Mil) and increased from Dec. 2022 (HK$44.1 Mil) to Dec. 2023 (HK$62.2 Mil).

JiaChen Holding Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for JiaChen Holding Group'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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JiaChen Holding Group Accounts Payable & Accrued Expense Chart

JiaChen Holding Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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60.17

48.42

40.29

44.13

62.21

JiaChen Holding Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									40.29	22.95	44.13	26.74	62.21

JiaChen Holding Group 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.

JiaChen Holding Group (HKSE:01937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JiaChen Holding Group Ltd (HKSE:01937) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu, Changzhou, CHN

Website

https://www.jiachencn.com.cn

JiaChen Holding Group Ltd is engaged in manufacturing and sales of access flooring products and provide related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in the China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. Geographical presence of the company is in Hong Kong, Hong Kong, PRC and Other country and regions.

Executives

Shen Min	2201 Interest of corporation controlled by you
Zhang Yaying	2202 Interest of your spouse
Global Yunhong Group Limited	2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si	2101 Beneficial owner
Li Yubao	2201 Interest of corporation controlled by you
Liu Hui	2202 Interest of your spouse
Shen Minghui	2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si	2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si	2101 Beneficial owner

JiaChen Holding Group (HKSE:01937) Headlines

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