Zhongmin Energy Co (SHSE:600163) Accounts Payable & Accrued Expense : ¥948 Mil (As of Mar. 2024)

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What is Zhongmin Energy Co Accounts Payable & Accrued Expense?

Zhongmin Energy Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥939 Mil) to Dec. 2023 (¥998 Mil) but then declined from Dec. 2023 (¥998 Mil) to Mar. 2024 (¥948 Mil).

Zhongmin Energy Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,088 Mil) to Dec. 2022 (¥1,050 Mil) and declined from Dec. 2022 (¥1,050 Mil) to Dec. 2023 (¥998 Mil).

Zhongmin Energy Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhongmin Energy 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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Zhongmin Energy Co Accounts Payable & Accrued Expense Chart

Zhongmin Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,542.37

1,393.41

1,088.33

1,050.31

998.45

Zhongmin Energy Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,009.42	955.37	938.58	998.45	948.39

Zhongmin Energy 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.

Zhongmin Energy Co (SHSE:600163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Zhongmin Energy Co Ltd (SHSE:600163) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 210, Wusi Road, 22nd Floor, International Building, Fujian Province, Fuzhou, CHN, 3500003

Website

http://www.zhongminenergy.com

Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.

Executives

Tang Hui	Director
Chen You Si	Supervisors
Wen Tian Gen	Supervisors
Huang Guo Ying	Director
Wang Tian Shou	Supervisors
Lin Xiao Bang	Director
Tang Fu Min	Director
Chen Shou Qin	Director

Zhongmin Energy Co (SHSE:600163) Headlines

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