Weihai Bank Co (HKSE:09677) Accounts Payable & Accrued Expense : HK$11,363 Mil (As of Dec. 2024)

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What is Weihai Bank Co Accounts Payable & Accrued Expense?

Weihai Bank Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (HK$10,043 Mil) to Jun. 2024 (HK$10,490 Mil) and increased from Jun. 2024 (HK$10,490 Mil) to Dec. 2024 (HK$11,363 Mil).

Weihai Bank Co's annual accounts payable & accrued expense increased from Dec. 2022 (HK$7,824 Mil) to Dec. 2023 (HK$10,043 Mil) and increased from Dec. 2023 (HK$10,043 Mil) to Dec. 2024 (HK$11,363 Mil).

Weihai Bank Co Accounts Payable & Accrued Expense Historical Data

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

Weihai Bank Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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4,480.36

5,979.39

7,823.68

10,043.39

11,362.66

Weihai Bank Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									7,823.68	8,185.32	10,043.39	10,489.89	11,362.66

Weihai Bank 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.

Weihai Bank Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Weihai Bank Co Ltd (HKSE:09677) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

8K0:Germany

Address

Number 137A, Qingdao North Road, Finance Building, Shandong Province, Weihai, CHN, 264200

Website

https://www.whccb.com

Weihai Bank Co Ltd offers banking services. The group's principal businesses include corporate banking, retail banking, financial market business, and others. It generates maximum revenue from the corporate banking segment. The Corporate banking segment represents the e provision of a range of financial products and services to corporations, government agencies and financial institutions. These products and services include corporate loans and advances, trade financing, deposit taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services, guarantee services and finance leasing services.

Executives

Shan Dong Zhao Jin Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhao Jin Kuang Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Si Pai Ke Guo Ji You Xian Gong Si	2101 Beneficial owner
He Ze Cheng Tou Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Heze City Investment Holdings Hong Kong International Co.,limited	2101 Beneficial owner
Tian Jin Tai Da Shi Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Bo Hai Guo You Zi Chan Jing Ying Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Lian Ji Tuan You Xian Gong Si	2101 Beneficial owner
Teda Investment Holding Co., Ltd.	2101 Beneficial owner
Trafigura Pte Ltd	2101 Beneficial owner
Global Miles International Holdings Limited	2101 Beneficial owner
Liu Zhiming	2201 Interest of corporation controlled by you
Shan Dong Tong Da Jin Rong Zu Lin You Xian Gong Si	2106 Person having a security interest in shares
Shan Dong Zhao Jin Ji Tuan Cai Wu You Xian Gong Si	2101 Beneficial owner
China Hongqiao Group Limited	2101 Beneficial owner

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