SINOPEC Engineering (Group) Co (HKSE:02386) Accounts Payable & Accrued Expense : HK$24,812 Mil (As of Dec. 2023)

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What is SINOPEC Engineering (Group) Co Accounts Payable & Accrued Expense?

SINOPEC Engineering (Group) Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$25,598 Mil) to Jun. 2023 (HK$24,325 Mil) but then increased from Jun. 2023 (HK$24,325 Mil) to Dec. 2023 (HK$24,812 Mil).

SINOPEC Engineering (Group) Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$28,648 Mil) to Dec. 2022 (HK$25,598 Mil) and declined from Dec. 2022 (HK$25,598 Mil) to Dec. 2023 (HK$24,812 Mil).

SINOPEC Engineering (Group) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for SINOPEC Engineering (Group) 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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SINOPEC Engineering (Group) Co Accounts Payable & Accrued Expense Chart

SINOPEC Engineering (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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26,957.58

29,192.13

28,647.58

25,597.56

24,811.93

SINOPEC Engineering (Group) Co Semi-Annual Data
	Jun14	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															28,647.58	27,584.21	25,597.56	24,325.00	24,811.93

SINOPEC Engineering (Group) 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.

SINOPEC Engineering (Group) Co (HKSE:02386) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SINOPEC Engineering (Group) Co Ltd (HKSE:02386) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SENGF:USA

Address

Shenggu Middle Road, No. 8 Building, Shenggu Home, Chaoyang District, Beijing, CHN, 100029

Website

http://www.segroup.cn

SINOPEC Engineering (Group) Co Ltd is a wholly owned subsidiary of the Sinopec Group, a Chinese company. The group provides integrated engineering services and technical patents for domestic and international refining and chemical engineering businesses. The group mainly contains four segments: engineering, consulting and licensing; engineering, procurement and construction (EPC) contracting; construction; and equipment manufacturing. The company generates most of its revenue from the EPC contracting segment. Geographically, the business presence of the group is primarily seen in China, Malaysia, Kuwait, and Saudi Arabia.

Executives

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Brown Brothers Harriman & Co.	2502 Approved lending agent
Blackrock, Inc.	2201 Interest of corporation controlled by you

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