Guangzhou Lushan New Materials Co (SHSE:603051) Accounts Payable & Accrued Expense : ¥363 Mil (As of Mar. 2025)

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What is Guangzhou Lushan New Materials Co Accounts Payable & Accrued Expense?

Guangzhou Lushan New Materials Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥220 Mil) to Dec. 2024 (¥296 Mil) and increased from Dec. 2024 (¥296 Mil) to Mar. 2025 (¥363 Mil).

Guangzhou Lushan New Materials Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥282 Mil) to Dec. 2023 (¥205 Mil) but then increased from Dec. 2023 (¥205 Mil) to Dec. 2024 (¥296 Mil).

Guangzhou Lushan New Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangzhou Lushan New Materials 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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Guangzhou Lushan New Materials Co Accounts Payable & Accrued Expense Chart

Guangzhou Lushan New Materials Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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71.94

108.76

282.38

205.21

296.08

Guangzhou Lushan New Materials Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															270.16	259.66	220.31	296.08	363.35

Guangzhou Lushan New Materials 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.

Guangzhou Lushan New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangzhou Lushan New Materials Co Ltd (SHSE:603051) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22, Pubei Road, Building 1-4, Yunpu Industrial Zone, Huangpu District, Guangdong Province, Guangzhou, CHN, 510530

Website

http://www.cnlushan.com

Guangzhou Lushan New Materials Co Ltd is engaged in the research and development, production and sales of green and high-performance polymer hot-melt adhesive materials.

Executives

Zheng Miao Hua	senior management
Tang Xiao Jun	senior management
Li Jia Qi	senior management
Du Zhuang	Director
Tang Fang Cheng	Director
Wang Jia Sheng	Director

Guangzhou Lushan New Materials Co Headlines

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