China New Consumption Group (HKSE:08275) Accounts Payable & Accrued Expense : HK$26.5 Mil (As of Sep. 2023)

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What is China New Consumption Group Accounts Payable & Accrued Expense?

China New Consumption Group's quarterly accounts payable & accrued expense declined from Mar. 2023 (HK$34.5 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Sep. 2023 (HK$26.5 Mil).

China New Consumption Group's annual accounts payable & accrued expense increased from Mar. 2021 (HK$28.8 Mil) to Mar. 2022 (HK$38.4 Mil) but then declined from Mar. 2022 (HK$38.4 Mil) to Mar. 2023 (HK$34.5 Mil).

China New Consumption Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China New Consumption 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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China New Consumption Group Accounts Payable & Accrued Expense Chart

China New Consumption Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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31.00

22.03

28.80

38.37

34.49

China New Consumption Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															37.25	-	34.49	-	26.49

China New Consumption 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.

China New Consumption Group (HKSE:08275) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China New Consumption Group Ltd (HKSE:08275) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-26 Kwai Tak Street, Room 1204, 12th Floor, Block 2, Golden Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.tfcel.com.hk

China New Consumption Group Ltd is a subcontractor primarily engaged in the foundation business in Hong Kong. It offers specialized foundation works, mainly the removal of pre-existing foundations or obstructing piles for urban renewal or railway projects. Geographically, it has a business presence in Hong Kong and Macau, of which key revenue is generated in Hong Kong. The group derives revenue from the construction contract, ancillary services, and machinery rental income.

Executives

Wong Fei Heung Terbe	2201 Interest of corporation controlled by you
Goldstone Wealth Management Limited	2101 Beneficial owner
Goldstone 1 Lpf	2101 Beneficial owner
Lam Yu Chor Paul	2201 Interest of corporation controlled by you
Success Run International Limited	2101 Beneficial owner
Tai Pik Yeung Tyler	2101 Beneficial owner
China New Economy Fund Limited	2101 Beneficial owner

China New Consumption Group (HKSE:08275) Headlines

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