Hongbo Co (SZSE:002229) Accounts Payable & Accrued Expense : ¥193.6 Mil (As of Mar. 2024)

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What is Hongbo Co Accounts Payable & Accrued Expense?

Hongbo Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥213.8 Mil) to Dec. 2023 (¥204.7 Mil) and declined from Dec. 2023 (¥204.7 Mil) to Mar. 2024 (¥193.6 Mil).

Hongbo Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥166.7 Mil) to Dec. 2022 (¥191.3 Mil) and increased from Dec. 2022 (¥191.3 Mil) to Dec. 2023 (¥204.7 Mil).

Hongbo Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hongbo 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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Hongbo Co Accounts Payable & Accrued Expense Chart

Hongbo Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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153.69

154.10

166.66

191.34

204.72

Hongbo 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															199.27	179.16	213.76	204.72	193.64

Hongbo 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.

Hongbo Co (SZSE:002229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hongbo Co Ltd (SZSE:002229) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 136 Jinda Road, Jinshan Development Zone, Fujian Province, Fuzhou, CHN, 350002

Website

http://www.hb-print.com.cn

Hongbo Co Ltd is a China-based company engaged in the security printing business. It is involved in the printing of commercial bills in China. The company's main products are heat-sensitive paper tickets, general paper tickets and paper packaging products for office use. In addition, the company is also involved in the other businesses such as the Lottery industry, Security printing, Packaging industry, Color printing industry, Internet of things industry, and Business and interactive entertainment industry.

Executives

You You Luan	Directors, executives
He Ai Ping	Supervisors
Chen Xian Zhang	Secretary Dong
Zhou Mei Mei	Directors, executives
You Li Juan	Director
You Yu Xian	Director
Xie You Jun	Supervisors
Guo Bin	Executives
Wang Wen Jing	Supervisors
Yang You Lin	Director
Liu Yuan Hai	Supervisors
Zhang Jian Jun	Executives

Hongbo Co (SZSE:002229) Headlines

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