China Development Bank Financial Leasing Co (HKSE:01606) Accounts Payable & Accrued Expense : HK$14,544 Mil (As of Dec. 2023)

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What is China Development Bank Financial Leasing Co Accounts Payable & Accrued Expense?

China Development Bank Financial Leasing Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$7,995 Mil) to Jun. 2023 (HK$16,401 Mil) but then declined from Jun. 2023 (HK$16,401 Mil) to Dec. 2023 (HK$14,544 Mil).

China Development Bank Financial Leasing Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$6,250 Mil) to Dec. 2022 (HK$7,995 Mil) and increased from Dec. 2022 (HK$7,995 Mil) to Dec. 2023 (HK$14,544 Mil).

China Development Bank Financial Leasing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Development Bank Financial Leasing 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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China Development Bank Financial Leasing Co Accounts Payable & Accrued Expense Chart

China Development Bank Financial Leasing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,883.37

6,337.24

6,250.32

7,995.04

14,544.22

China Development Bank Financial Leasing Co Semi-Annual Data
	Dec13	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															6,250.32	9,791.28	7,995.04	16,401.18	14,544.22

China Development Bank Financial Leasing 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.

China Development Bank Financial Leasing Co (HKSE:01606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Development Bank Financial Leasing Co Ltd (HKSE:01606) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

2C6:Germany

Address

No. 2003 Fuzhong, Third Road, CDB Financial Center, Futian District, Guangdong Province, Shenzhen, CHN, 518026

Website

http://www.cdb-leasing.com

China Development Bank Financial Leasing Co Ltd is engaged in providing leasing services to customers in industries such as aviation, infrastructure, shipping, commercial vehicle, and construction machinery. The operating business segments are Aircraft Leasing, Infrastructure Leasing, Ship Leasing, Inclusive Finance, and Other Leasing businesses. The activities of the company include finance lease business, accepting lease deposits, interbank lending, an project consultancy, and providing a guarantee.

Executives

Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Ubs Group Ag	2201 Interest of corporation controlled by you
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui	2101 Beneficial owner
Bank Of China Limited	2201 Interest of corporation controlled by you
San Xia Zi Ben Kong Gu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Zhang Jiang San Xia Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Cssc International Holding Company Limited	2101 Beneficial owner
State-owned Assets Supervision And Administration Commission	2201 Interest of corporation controlled by you
Zhong Guo Chuan Bo Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

China Development Bank Financial Leasing Co (HKSE:01606) Headlines

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