Kingnet Network Co (SZSE:002517) Accounts Payable & Accrued Expense : ¥1,308 Mil (As of Mar. 2024)

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What is Kingnet Network Co Accounts Payable & Accrued Expense?

Kingnet Network Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,063 Mil) to Dec. 2023 (¥1,166 Mil) and increased from Dec. 2023 (¥1,166 Mil) to Mar. 2024 (¥1,308 Mil).

Kingnet Network Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥466 Mil) to Dec. 2022 (¥1,020 Mil) and increased from Dec. 2022 (¥1,020 Mil) to Dec. 2023 (¥1,166 Mil).

Kingnet Network Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kingnet Network 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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Kingnet Network Co Accounts Payable & Accrued Expense Chart

Kingnet Network Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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691.27

426.65

465.95

1,020.04

1,165.69

Kingnet Network 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															1,022.78	1,253.34	1,062.68	1,165.69	1,307.55

Kingnet Network 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.

Kingnet Network Co (SZSE:002517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kingnet Network Co Ltd (SZSE:002517) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2388, Chenhang Highway, Building 3, Pujiang High-tech Plaza, Minhang District, Shanghai, CHN, 201114

Website

https://www.kingnet.com

Kingnet Network Co Ltd is a Chinese-based online game company. The company's main business covers research and development as well as the operation and publishing of quality entertainment content, including mobile games, web games, and PC games. It also engages in the operation of web game platforms and mobile app distribution platforms.

Executives

Jin Feng	Director
Qian Jun Fa	Directors, executives
Lin Bin	Executives
Tang Yue	Executives
Shen Jun	Directors, executives
Zhao Fan	Directors, executives
Huang Zhen Feng	Executives
Liu Hong Lin	Secretary Dong
Shen Liang	Directors, executives
Chen Yong Cong	Directors, executives
Fan Bo	Executives
Qin Wei	Supervisors
Ning Bing Yang	Executives
Wang Yue	Directors, executives
Feng Xian Chao	Directors, executives

Kingnet Network Co (SZSE:002517) Headlines

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