Xiamen Jihong Technology Co (SZSE:002803) Accounts Payable & Accrued Expense : ¥679 Mil (As of Mar. 2024)

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What is Xiamen Jihong Technology Co Accounts Payable & Accrued Expense?

Xiamen Jihong Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥586 Mil) to Dec. 2023 (¥870 Mil) but then declined from Dec. 2023 (¥870 Mil) to Mar. 2024 (¥679 Mil).

Xiamen Jihong Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥684 Mil) to Dec. 2022 (¥662 Mil) but then increased from Dec. 2022 (¥662 Mil) to Dec. 2023 (¥870 Mil).

Xiamen Jihong Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xiamen Jihong Technology 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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Xiamen Jihong Technology Co Accounts Payable & Accrued Expense Chart

Xiamen Jihong Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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529.10

593.08

684.30

661.88

870.46

Xiamen Jihong Technology 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															566.31	668.15	586.01	870.46	678.88

Xiamen Jihong Technology 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.

Xiamen Jihong Technology Co (SZSE:002803) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Xiamen Jihong Technology Co Ltd (SZSE:002803) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Putou Road, Dongfu Industrial Zone, Haicang District, Fujian Province, Xiamen, CHN, 361027

Website

http://www.jihong.cc

Xiamen Jihong Technology Co Ltd provides integrated packing solutions in China. The company designs, pre-presses, produces and distributes various packaging products, including cardboard packing, corrugate packing, rigid box, and plastic packing products. Its business categories include fast-moving consumer goods (FMCG) packaging, food packaging, frozen food packaging, electronic goods packaging, and cushion sales packaging. Its products include folding boxes for high automation assembly, window patching boxes, cold and humidity resistant boxes, rigid boxes, displays, and plastic packing.

Executives

Zhuang Hao	Directors, executives
Wang Ya Peng	Director
Zhang He Ping	Directors, executives
Zhuang Shu	Directors, executives
Wang Hai Ying	Supervisors

Xiamen Jihong Technology Co (SZSE:002803) Headlines

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