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Shandong Boan Biotechnology Co (HKSE:06955) Accounts Payable & Accrued Expense : HK$330.1 Mil (As of Dec. 2023)


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What is Shandong Boan Biotechnology Co Accounts Payable & Accrued Expense?

Shandong Boan Biotechnology Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$226.3 Mil) to Jun. 2023 (HK$459.8 Mil) but then declined from Jun. 2023 (HK$459.8 Mil) to Dec. 2023 (HK$330.1 Mil).

Shandong Boan Biotechnology Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$214.1 Mil) to Dec. 2022 (HK$226.3 Mil) and increased from Dec. 2022 (HK$226.3 Mil) to Dec. 2023 (HK$330.1 Mil).


Shandong Boan Biotechnology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong Boan Biotechnology 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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Shandong Boan Biotechnology Co Accounts Payable & Accrued Expense Chart

Shandong Boan Biotechnology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
453.04 214.06 226.29 330.10

Shandong Boan Biotechnology Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 214.06 170.15 226.29 459.76 330.10

Shandong Boan Biotechnology 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.


Shandong Boan Biotechnology Co (HKSE:06955) Business Description

Traded in Other Exchanges
Address
No. 39 Keji Avenue, High-Tech Industrial Development Zone, Shandong Province, Yantai, CHN
Shandong Boan Biotechnology Co Ltd is a fully integrated biopharmaceutical company. The company is engaged in the development, manufacture, and commercialization of high-quality biologics in China and around the world. It focuses on areas such as oncology, metabolism, autoimmunity, and ophthalmology. Geographically company's revenue is generated from customers located in Mainland China.
Executives
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Shan Dong Lv Ye Zhi Yao You Xian Gong Si
Yan Tai Lv Ye Yi Yao Kong Gu Ji Tuan You Xian Gong Si
Li Li 2201 Interest of corporation controlled by you

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