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China Shipbuilding Industry (SHSE:601989) Accounts Payable & Accrued Expense : ¥31,765 Mil (As of Mar. 2024)


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What is China Shipbuilding Industry Accounts Payable & Accrued Expense?

China Shipbuilding Industry's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥33,928 Mil) to Dec. 2023 (¥33,216 Mil) and declined from Dec. 2023 (¥33,216 Mil) to Mar. 2024 (¥31,765 Mil).

China Shipbuilding Industry's annual accounts payable & accrued expense declined from Dec. 2021 (¥33,404 Mil) to Dec. 2022 (¥33,345 Mil) and declined from Dec. 2022 (¥33,345 Mil) to Dec. 2023 (¥33,216 Mil).


China Shipbuilding Industry Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Shipbuilding Industry'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 Shipbuilding Industry Accounts Payable & Accrued Expense Chart

China Shipbuilding Industry 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 39,141.16 36,058.47 33,403.99 33,344.90 33,216.29

China Shipbuilding Industry Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 32,076.74 32,098.68 33,927.71 33,216.29 31,765.17

China Shipbuilding Industry 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 Shipbuilding Industry (SHSE:601989) Business Description

Traded in Other Exchanges
N/A
Address
No. 72, Hunan Road, Kunming, Haidian District, Beijing, CHN, 100097
China Shipbuilding Industry Corp is engaged in the designing, manufacturing and repairing of ships. The company also manufactures marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship supporting and electromechanical equipment, military-civilian integration strategy emerging industries. The main developer and supplier of domestic naval equipment is responsible for the manufacturing of naval main battle equipment and core ancillary equipment such as aircraft carriers, surface ships, conventional submarines, and underwater weapons.

China Shipbuilding Industry (SHSE:601989) Headlines

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