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Redsun Services Group (HKSE:01971) Accounts Payable & Accrued Expense : HK$524 Mil (As of Dec. 2023)


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What is Redsun Services Group Accounts Payable & Accrued Expense?

Redsun Services Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$424 Mil) to Jun. 2023 (HK$422 Mil) but then increased from Jun. 2023 (HK$422 Mil) to Dec. 2023 (HK$524 Mil).

Redsun Services Group's annual accounts payable & accrued expense increased from Dec. 2021 (HK$377 Mil) to Dec. 2022 (HK$424 Mil) and increased from Dec. 2022 (HK$424 Mil) to Dec. 2023 (HK$524 Mil).


Redsun Services Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Redsun Services 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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Redsun Services Group Accounts Payable & Accrued Expense Chart

Redsun Services Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 264.86 285.38 377.18 424.42 523.57

Redsun Services Group 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 377.18 367.69 424.42 422.11 523.57

Redsun Services 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.


Redsun Services Group (HKSE:01971) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Daqiao North Road, 25th Floor, Hong Yang Building, Jiangsu Province, Nanjing, CHN
Redsun Services Group Ltd is a community service provider in Jiangsu province, China, with balanced property management abilities in the management of residential and commercial properties. The company provides property owners, commercial, residents and tenants with a wide range of property management services, including, among others, security, cleaning, greening and gardening, facility management, and repairs and maintenance services. It also provides Value-added services to non-property owners; and Community value-added services. It derives revenue from the provision of property management services, value-added services to non-property owners and community value-added services in Mainland China.
Executives
Hong Yang Group (holdings) Limited 2201 Interest of corporation controlled by you
Hong Yang Group Company Limited 2201 Interest of corporation controlled by you
Hong Yang International Limited 2201 Interest of corporation controlled by you
Redsun Services Group (holdings) Limited 2101 Beneficial owner
Chen Sihong 2202 Interest of your spouse
Zeng Huansha 2201 Interest of corporation controlled by you

Redsun Services Group (HKSE:01971) Headlines

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