Hong Kong ChaoShang Group (HKSE:02322) Accounts Payable & Accrued Expense : HK$62.1 Mil (As of Sep. 2023)

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What is Hong Kong ChaoShang Group Accounts Payable & Accrued Expense?

Hong Kong ChaoShang Group's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$46.2 Mil) to Mar. 2023 (HK$43.0 Mil) but then increased from Mar. 2023 (HK$43.0 Mil) to Sep. 2023 (HK$62.1 Mil).

Hong Kong ChaoShang Group's annual accounts payable & accrued expense declined from Mar. 2021 (HK$64.2 Mil) to Mar. 2022 (HK$43.9 Mil) and declined from Mar. 2022 (HK$43.9 Mil) to Mar. 2023 (HK$43.0 Mil).

Hong Kong ChaoShang Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hong Kong ChaoShang 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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Hong Kong ChaoShang Group Accounts Payable & Accrued Expense Chart

Hong Kong ChaoShang Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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18.20

50.47

64.18

43.94

42.99

Hong Kong ChaoShang Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															60.71	43.94	46.20	42.99	62.07

Hong Kong ChaoShang 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.

Hong Kong ChaoShang Group (HKSE:02322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hong Kong ChaoShang Group Ltd (HKSE:02322) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Suite 2202, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.chaoshang.hk

Hong Kong ChaoShang Group Ltd is an investment holding company. It is engaged in Trading, Moneylending, Finance leasing, and Finance Services. The trading segment is a key revenue driver, involved in the trading of goods in the PRC. Money lending includes the provision of loan and factoring financing in Hong Kong and the PRC whereas, the finance leasing segment is engaged in the provision of finance leasing and sale-leaseback in the PRC. The financial services segment engaged in the provision of securities dealing broking, placing, underwriting, margin financing and asset management services in Hong Kong.

Executives

Lau Hoi Kit	2101 Beneficial owner
Superb Smart Limited	2101 Beneficial owner
Zheng Juhua	2201 Interest of corporation controlled by you

Hong Kong ChaoShang Group (HKSE:02322) Headlines

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