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China Vered Financial Holding (HKSE:00245) Accounts Payable & Accrued Expense : HK$128.4 Mil (As of Dec. 2023)


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What is China Vered Financial Holding Accounts Payable & Accrued Expense?

China Vered Financial Holding's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$119.7 Mil) to Jun. 2023 (HK$125.3 Mil) and increased from Jun. 2023 (HK$125.3 Mil) to Dec. 2023 (HK$128.4 Mil).

China Vered Financial Holding's annual accounts payable & accrued expense declined from Dec. 2021 (HK$170.1 Mil) to Dec. 2022 (HK$119.7 Mil) but then increased from Dec. 2022 (HK$119.7 Mil) to Dec. 2023 (HK$128.4 Mil).


China Vered Financial Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Vered Financial Holding'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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China Vered Financial Holding Accounts Payable & Accrued Expense Chart

China Vered Financial Holding 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 378.06 601.33 170.10 119.66 128.40

China Vered Financial Holding Semi-Annual Data
Jun14 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 170.10 167.70 119.66 125.28 128.40

China Vered Financial Holding 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.


China Vered Financial Holding (HKSE:00245) Business Description

Traded in Other Exchanges
Address
8 Sunning Road, 22nd Floor, China Taiping Tower, Causeway Bay, Hong Kong, HKG
China Vered Financial Holding Corp Ltd provides securities brokerage, investment holding, investment banking, and asset management services. The majority is from the Investment holding segment. Geographically, it operates in Hong Kong, The PRC, Japan, and Canada, out of which the majority is from Hong Kong. The group's revenue is mainly derived from Interest income which includes interest income from bond investment, note investment, loan lending, bank deposits, and margin financing.
Executives
Zhong Guo Min Sheng Tou Zi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Qiang Wei Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Dahengqin (hong Kong) Investment Corporation Limited 2101 Beneficial owner
Zhu Hai Da Heng Qin Ji Tuan You Xian Gong Si 2101 Beneficial owner
Liu Xueyi 2201 Interest of corporation controlled by you
Prosper Ascend Limited 2101 Beneficial owner
Hong Kong Baohui Toda Limited 2101 Beneficial owner
Zhao Xinlong 2201 Interest of corporation controlled by you
Vered Holdings (hong Kong) Limited
Vered Holdings Group Ltd
Vered Investment Co., Ltd
Qiang Wei Kong Gu Shen Zhen You Xian Gong Si

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