JiaXing Gas Group Co (HKSE:09908) Accounts Payable & Accrued Expense : HK$865 Mil (As of Dec. 2023)

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What is JiaXing Gas Group Co Accounts Payable & Accrued Expense?

JiaXing Gas Group Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$421 Mil) to Jun. 2023 (HK$918 Mil) but then declined from Jun. 2023 (HK$918 Mil) to Dec. 2023 (HK$865 Mil).

JiaXing Gas Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$377 Mil) to Dec. 2022 (HK$421 Mil) and increased from Dec. 2022 (HK$421 Mil) to Dec. 2023 (HK$865 Mil).

JiaXing Gas Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for JiaXing Gas Group 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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JiaXing Gas Group Co Accounts Payable & Accrued Expense Chart

JiaXing Gas Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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193.85

245.21

376.90

421.33

864.99

JiaXing Gas Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							376.90	459.44	421.33	917.56	864.99

JiaXing Gas Group 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.

JiaXing Gas Group Co (HKSE:09908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » JiaXing Gas Group Co Ltd (HKSE:09908) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, Building 3, Hualong Plaza,No. 32 Qinyi Road, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN

Website

http://www.jxrqgs.com

JiaXing Gas Group Co Ltd is a piped natural gas (PNG) operator in Jiaxing. The company engages in sales of gas, PNG in Jiaxing, LNG and LPG; construction and installation services to construct and install end-user pipeline network and gas facilities; and provision of natural gas transportation services, sales of vapour and construction materials, and leasing of properties. Its customers include residential and non-residential users, property developers and owners or occupants of residential and non-residential properties.

Executives

Xinneng (hong Kong) Energy Investment Limited	2201 Interest of corporation controlled by you
Enn Natural Gas Co., Ltd.	2201 Interest of corporation controlled by you
Zhao Baoju	2201 Interest of corporation controlled by you
Wang Yusuo	2201 Interest of corporation controlled by you
Langfang City Natural Gas Company Limited	2201 Interest of corporation controlled by you
Enn Yingchuang Technology Co., Ltd.	2201 Interest of corporation controlled by you
Enn Investment Holdings Company Limited	2201 Interest of corporation controlled by you
Enn Group International Investment Limited	2201 Interest of corporation controlled by you
Enn Capital Management Co., Ltd.	2201 Interest of corporation controlled by you
Dan Hongying	2202 Interest of your spouse
Liu Zhenjiang	2201 Interest of corporation controlled by you
Xiang Gang Mei Shi Ju Guo Ji Mao Yi You Xian Gong Si	2101 Beneficial owner
Jia Xing Jin Yuan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Hong Sheng Mu Ye Mao Yi You Xian Gong Si	2101 Beneficial owner
Shen Xiaohong	2201 Interest of corporation controlled by you

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