Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Accounts Payable & Accrued Expense : ¥2,000 Mil (As of Mar. 2024)

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What is Shanghai Taisheng Wind Power Equipment Co Accounts Payable & Accrued Expense?

Shanghai Taisheng Wind Power Equipment Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,011 Mil) to Dec. 2023 (¥2,715 Mil) and declined from Dec. 2023 (¥2,715 Mil) to Mar. 2024 (¥2,000 Mil).

Shanghai Taisheng Wind Power Equipment Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥2,506 Mil) to Dec. 2022 (¥2,297 Mil) but then increased from Dec. 2022 (¥2,297 Mil) to Dec. 2023 (¥2,715 Mil).

Shanghai Taisheng Wind Power Equipment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Taisheng Wind Power Equipment 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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Shanghai Taisheng Wind Power Equipment Co Accounts Payable & Accrued Expense Chart

Shanghai Taisheng Wind Power Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,275.65

1,542.89

2,505.71

2,296.62

2,715.45

Shanghai Taisheng Wind Power Equipment Co 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															1,658.58	2,346.41	3,010.91	2,715.45	2,000.29

Shanghai Taisheng Wind Power Equipment 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.

Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Taisheng Wind Power Equipment Co Ltd (SZSE:300129) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1988 East Weiqing Road, Jinshanzui Industrial District, Jinshan District, Shanghai, CHN, 201508

Website

http://www.shtspchina.com

Shanghai Taisheng Wind Power Equipment Co Ltd is a China-based company. It is principally engaged in the research, development, manufacture, and sales of wind power generation equipment. The company's products are mainly used in offshore wind power generation and marine engineering. Shanghai is also involved in the operation and maintenance of wind farms.

Executives

Huang Jing Ming	Director
Liu Zhi Cheng	Director
Zhang Fu Lin	Director
Xia Quan Guang	Director
Zhao Jian Min	Executives
Dou Jian Rong	Director
Zhang Jin Nan	Directors, executives
Zou Tao	Directors, Directors, and Executives
Huang Wei Guang	Supervisors
Zhu Shou Guo	Director
Lin Shou Tong	Director
Cai Xun Jiang	Supervisors
Wu Yun Dong	Director

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