China Resources Mixc Lifestyle Services (HKSE:01209) Long-Term Capital Lease Obligation : HK$2,480 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is China Resources Mixc Lifestyle Services Long-Term Capital Lease Obligation?

China Resources Mixc Lifestyle Services's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,480 Mil.

China Resources Mixc Lifestyle Services's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$2,571 Mil) to Jun. 2023 (HK$2,559 Mil) and declined from Jun. 2023 (HK$2,559 Mil) to Dec. 2023 (HK$2,480 Mil).

China Resources Mixc Lifestyle Services's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$1,565 Mil) to Dec. 2022 (HK$2,571 Mil) but then declined from Dec. 2022 (HK$2,571 Mil) to Dec. 2023 (HK$2,480 Mil).

China Resources Mixc Lifestyle Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Resources Mixc Lifestyle Services's Long-Term Capital Lease Obligation 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.

* Premium members only.

China Resources Mixc Lifestyle Services Long-Term Capital Lease Obligation Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,360.35

1,563.98

1,564.78

2,570.64

2,479.95

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							1,564.78	1,496.25	2,570.64	2,559.26	2,479.95

China Resources Mixc Lifestyle Services (HKSE:01209) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

China Resources Mixc Lifestyle Services Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of China Resources Mixc Lifestyle Services's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

China Resources Mixc Lifestyle Services (HKSE:01209) Headlines

No Headlines