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Cornerstone Technologies Holdings (HKSE:08391) Accounts Payable & Accrued Expense : HK$51.1 Mil (As of Jun. 2024)


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What is Cornerstone Technologies Holdings Accounts Payable & Accrued Expense?

Cornerstone Technologies Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$29.6 Mil) and increased from Dec. 2023 (HK$29.6 Mil) to Jun. 2024 (HK$51.1 Mil).

Cornerstone Technologies Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$8.7 Mil) to Dec. 2022 (HK$35.7 Mil) but then declined from Dec. 2022 (HK$35.7 Mil) to Dec. 2023 (HK$29.6 Mil).


Cornerstone Technologies Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cornerstone Technologies Holdings'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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Cornerstone Technologies Holdings Accounts Payable & Accrued Expense Chart

Cornerstone Technologies Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 9.71 5.96 8.66 35.74 29.59

Cornerstone Technologies Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 30.59 - 29.59 51.13

Cornerstone Technologies Holdings 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.


Cornerstone Technologies Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Science Museum Road, Office Units 1107 - 11, 11th Floor, New East Ocean Centre, Kowloon - District, Hong Kong, HKG
Cornerstone Technologies Holdings Ltd is an investment holding company. It is a printing services provider that principally engages in the provisions of printing, typesetting, and translation services in Hong Kong. The group is also engaged in supplying EV-integrated charging solutions, including a central management system, hub for e-payment, load management system, and license plate recognition system for electric vehicles and smart parking. It derives prime revenue from the Printing business.
Executives
Wu Jianwei 2101 Beneficial owner
Liang Zihao 2101 Beneficial owner
Global Fortune Global Limited 2101 Beneficial owner
Tanner Enterprises Group Limited 2201 Interest of corporation controlled by you
Glorytwin Limited 2101 Beneficial owner
Wu Yanyan 2101 Beneficial owner
Li Man Keung Edwin 2201 Interest of corporation controlled by you
Gateway Capital (hong Kong) Limited 2102 Investment manager
Gaw Growth Equity Fund I Gp Limited 2201 Interest of corporation controlled by you
Abax Asian Structured Private Credit Fund 2022, Lp 2101 Beneficial owner
Abax Global Capital Gp 2022 Ltd. 2201 Interest of corporation controlled by you
Lau Wai Yan Lawson 2101 Beneficial owner

Cornerstone Technologies Holdings Headlines

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