Cinda Securities Co (SHSE:601059) Accounts Payable & Accrued Expense : ¥880 Mil (As of Mar. 2024)

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What is Cinda Securities Co Accounts Payable & Accrued Expense?

Cinda Securities Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,122 Mil) to Dec. 2023 (¥741 Mil) but then increased from Dec. 2023 (¥741 Mil) to Mar. 2024 (¥880 Mil).

Cinda Securities Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,731 Mil) to Dec. 2022 (¥1,359 Mil) and declined from Dec. 2022 (¥1,359 Mil) to Dec. 2023 (¥741 Mil).

Cinda Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cinda Securities 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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Cinda Securities Co Accounts Payable & Accrued Expense Chart

Cinda Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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819.47

1,347.62

1,730.50

1,359.39

740.99

Cinda Securities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															1,750.14	1,233.12	1,122.23	740.99	880.27

Cinda Securities 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.

Cinda Securities Co (SHSE:601059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cinda Securities Co Ltd (SHSE:601059) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 9, Naoshikou Street, Building 1, Courtyard, Xicheng District, Beijing, CHN, 100031

Website

https://www.cindasc.com

Cinda Securities Co Ltd offers securities services. It provides securities brokerage; securities investment consulting; financial advisors related to securities trading and securities investment activities; securities underwriting and sponsorship; securities self-operation; securities asset management; margin financing and securities lending and agency sales of financial products.

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