Shandong Donghong Pipe Industry Co (SHSE:603856) Accounts Payable & Accrued Expense : ¥296 Mil (As of Mar. 2025)

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What is Shandong Donghong Pipe Industry Co Accounts Payable & Accrued Expense?

Shandong Donghong Pipe Industry Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥385 Mil) to Dec. 2024 (¥323 Mil) and declined from Dec. 2024 (¥323 Mil) to Mar. 2025 (¥296 Mil).

Shandong Donghong Pipe Industry Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥345 Mil) to Dec. 2023 (¥309 Mil) but then increased from Dec. 2023 (¥309 Mil) to Dec. 2024 (¥323 Mil).

Shandong Donghong Pipe Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong Donghong Pipe Industry 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 Donghong Pipe Industry Co Accounts Payable & Accrued Expense Chart

Shandong Donghong Pipe Industry Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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355.66

323.39

344.85

308.78

323.01

Shandong Donghong Pipe Industry Co Quarterly Data
	Jun20	Sep20	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															344.13	613.54	385.11	323.01	295.77

Shandong Donghong Pipe Industry 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 Donghong Pipe Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Donghong Pipe Industry Co Ltd (SHSE:603856) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Donghong Road, Shandong Province, Qufu, CHN, 273100

Website

http://www.dhguanye.com

Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.

Executives

Bi Xing Tao	Director
Kong Zhi Yong	Director
Xun Jin Long	senior management
Fan Peng	senior management
Yang Cui Wei	senior management
Liu Yong	Director
Ju Heng Shan	Directors, senior managers
Xue Chun De	senior management
Liu Bin	Directors, senior managers
Ni Li Ying	Director

Shandong Donghong Pipe Industry Co Headlines

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