A8 New Media Group (HKSE:00800) Accounts Payable & Accrued Expense : HK$48.20 Mil (As of Dec. 2023)

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What is A8 New Media Group Accounts Payable & Accrued Expense?

A8 New Media Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$58.61 Mil) to Jun. 2023 (HK$56.25 Mil) and declined from Jun. 2023 (HK$56.25 Mil) to Dec. 2023 (HK$48.20 Mil).

A8 New Media Group's annual accounts payable & accrued expense declined from Dec. 2021 (HK$69.16 Mil) to Dec. 2022 (HK$58.61 Mil) and declined from Dec. 2022 (HK$58.61 Mil) to Dec. 2023 (HK$48.20 Mil).

A8 New Media Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for A8 New Media Group'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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A8 New Media Group Accounts Payable & Accrued Expense Chart

A8 New Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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54.66

63.22

69.16

58.61

48.20

A8 New Media Group 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															69.16	71.39	58.61	56.25	48.20

A8 New Media Group 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.

A8 New Media Group (HKSE:00800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » A8 New Media Group Ltd (HKSE:00800) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1002 Keyuan Road, 25th Floor, A8 Music Building, Hi-tech Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518054

Website

https://www.a8nmg.com

A8 New Media Group Ltd is an investment holding company. It is organized into business units based on their services and has two reportable operating segments as follows: the cultural business segment engages in the provision of music-based entertainment, film and television production and game-related services in the People's Republic of China, and the Property Investment segment invests in properties for rental and management fee income in the People's Republic of China. Majority of the revenue derives from Property Investment segment.

Executives

Liu Xiaosong	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee
Prime Century Technology Limited	2101 Beneficial owner
Ever Novel Holdings Limited	2101 Beneficial owner

A8 New Media Group (HKSE:00800) Headlines

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