Hongcheng Environmental Technology Co (HKSE:02265) Accounts Payable & Accrued Expense : HK$99.2 Mil (As of Dec. 2023)

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What is Hongcheng Environmental Technology Co Accounts Payable & Accrued Expense?

Hongcheng Environmental Technology Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$157.2 Mil) to Jun. 2023 (HK$120.2 Mil) and declined from Jun. 2023 (HK$120.2 Mil) to Dec. 2023 (HK$99.2 Mil).

Hongcheng Environmental Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$68.4 Mil) to Dec. 2022 (HK$157.2 Mil) but then declined from Dec. 2022 (HK$157.2 Mil) to Dec. 2023 (HK$99.2 Mil).

Hongcheng Environmental Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hongcheng Environmental Technology 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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Hongcheng Environmental Technology Co Accounts Payable & Accrued Expense Chart

Hongcheng Environmental Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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224.01

116.30

68.37

157.18

99.16

Hongcheng Environmental Technology Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				68.37	87.75	157.18	120.22	99.16

Hongcheng Environmental Technology 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.

Hongcheng Environmental Technology Co (HKSE:02265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hongcheng Environmental Technology Co Ltd (HKSE:02265) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeyan Road North, Dadongzhuang Village North, Shahe Town, Shandong Province, Yantai, Laizhou, CHN

Website

http://www.sdhcgroup.cn

Hongcheng Environmental Technology Co Ltd is an investment holding company. The company and its subsidiaries are engaged in the provision of gold mine hazardous waste treatment services and recycling and extracting therefrom resources with economic value for sale, such as pyrite concentrate.

Executives

Zeming International Investment Co., Ltd.	2101 Beneficial owner
Liu Ze Ming	2201 Interest of corporation controlled by you
Li Li Yan	2202 Interest of your spouse

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