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Ten Pao Group Holdings (HKSE:01979) Accounts Payable & Accrued Expense : HK$1,717 Mil (As of Dec. 2023)


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What is Ten Pao Group Holdings Accounts Payable & Accrued Expense?

Ten Pao Group Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$1,745 Mil) to Jun. 2023 (HK$1,573 Mil) but then increased from Jun. 2023 (HK$1,573 Mil) to Dec. 2023 (HK$1,717 Mil).

Ten Pao Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,993 Mil) to Dec. 2022 (HK$1,745 Mil) and declined from Dec. 2022 (HK$1,745 Mil) to Dec. 2023 (HK$1,717 Mil).


Ten Pao Group Holdings Accounts Payable & Accrued Expense Historical Data

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

Ten Pao Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,213.89 2,124.31 1,992.55 1,745.09 1,717.03

Ten Pao Group Holdings Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,992.55 1,924.20 1,745.09 1,572.62 1,717.03

Ten Pao 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.


Ten Pao Group Holdings (HKSE:01979) Business Description

Traded in Other Exchanges
N/A
Address
151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are telecommunication, media and entertainment, electrical home appliances, lighting, smart chargers and controllers, and others. Some of its products are USB chargers, wireless chargers, adapters, open frame power supply, led drivers, smart charger and controllers, and power saver. Geographically, the group has a business presence in the PRC, Europe, Asia, the U.S., Africa and Other regions, of which prime revenue is derived from the PRC.
Executives
Hung Kwong Yee 2201 Interest of corporation controlled by you
Even Joy Holdings Limited
Vistra Trust (bvi) Limited
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner

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