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China Gas Industry Investment Holdings Co (HKSE:01940) Accounts Payable & Accrued Expense : HK$408 Mil (As of Dec. 2023)


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What is China Gas Industry Investment Holdings Co Accounts Payable & Accrued Expense?

China Gas Industry Investment Holdings Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$669 Mil) to Jun. 2023 (HK$560 Mil) and declined from Jun. 2023 (HK$560 Mil) to Dec. 2023 (HK$408 Mil).

China Gas Industry Investment Holdings Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$587 Mil) to Dec. 2022 (HK$669 Mil) but then declined from Dec. 2022 (HK$669 Mil) to Dec. 2023 (HK$408 Mil).


China Gas Industry Investment Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Gas Industry Investment Holdings Co'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 Gas Industry Investment Holdings Co Accounts Payable & Accrued Expense Chart

China Gas Industry Investment Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 361.58 688.72 587.07 668.95 407.85

China Gas Industry Investment Holdings Co Semi-Annual Data
Dec17 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 587.07 668.63 668.95 559.67 407.85

China Gas Industry Investment Holdings Co 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 Gas Industry Investment Holdings Co (HKSE:01940) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Binhe Road, Lubei District, Hebei Province, Tangshan, CHN
China Gas Industry Investment Holdings Co Ltd is an industrial gas supplier in the Jing-Jin-Ji Region. It is focused on the supply of pipeline industrial gas and liquefied industrial gas and also operates an LNG-related business which includes the supply of LNG and provision of gas transmission service relatively small scale. The company produces and supplies liquefied industrial gas to offsite independent end-user customers. Its segments include the Supply of industrial gas; Liquefied natural gas (LNG) and gas transmission service.
Executives
Hong Kong Kaiyuan Import & Export Co., Limited 2101 Beneficial owner
Temasek Holdings (private) Limited
Shang Hai Hui Tang Zhi He Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
He Gang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
He Gang Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Han Dan Gang Tie Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Huitang Zhihe (hong Kong) Co., Limited 2101 Beneficial owner
Thomson Capital Pte. Ltd.
Tembusu Capital Pte. Ltd.
Anderson Investments Pte. Ltd.
Springleaf Investments Pte. Ltd.
Huang He Investment Limited 2201 Interest of corporation controlled by you
Citp Gp I Ltd 2201 Interest of corporation controlled by you
China Infrastructure Partners, L.p. 2201 Interest of corporation controlled by you
China Gas Investors Ltd. 2101 Beneficial owner

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