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Greentown Service Group Co (HKSE:02869) Accounts Payable & Accrued Expense : HK$5,685 Mil (As of Dec. 2023)


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What is Greentown Service Group Co Accounts Payable & Accrued Expense?

Greentown Service Group Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$5,462 Mil) to Jun. 2023 (HK$5,706 Mil) but then declined from Jun. 2023 (HK$5,706 Mil) to Dec. 2023 (HK$5,685 Mil).

Greentown Service Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$4,555 Mil) to Dec. 2022 (HK$5,462 Mil) and increased from Dec. 2022 (HK$5,462 Mil) to Dec. 2023 (HK$5,685 Mil).


Greentown Service Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Greentown Service 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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Greentown Service Group Co Accounts Payable & Accrued Expense Chart

Greentown Service Group Co 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 2,856.68 3,486.78 4,555.28 5,461.53 5,684.99

Greentown Service Group Co Semi-Annual Data
Dec13 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 Premium Member Only 4,555.28 5,223.52 5,461.53 5,705.80 5,684.99

Greentown Service 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.


Greentown Service Group Co (HKSE:02869) Business Description

Traded in Other Exchanges
N/A
Address
No.767 West Wenyi Road, Block B, Xixi International Business Center, Zhejiang Province, Hangzhou, CHN
Greentown Service Group, or GSG, is the sister company of property developer Greentown China. GSG is one of the first China property management firms listed in Hong Kong since July 2016. Headquartered in Hangzhou, GSG is a leading service provider in the Yangtze River Delta focusing on high-end residential properties, with core property management contributing to more than 60% of GSG's revenue. Other key earnings contributors include community value added services and project consultancy services to developers. The founding shareholders, who also control Greentown China, collectively own over a 40% stake in GSG in 2022. China property developer Longfor Group holds around 9% equity interest in GSG.
Executives
Lily International Investment Company Limited
Orchid Garden Investment Company Limited
Osmanthus Garden Investment Company Limited
Shenalan International Investment Company Limited
Ju Jianhua
Li Hairong
Lilac International Investment Company Limited
Song Weiping
Xia Yibo
Shou Bainian
Yiheng Capital, Llc
Longfor Group Holdings Ltd

Greentown Service Group Co (HKSE:02869) Headlines

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