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3D Medicines (HKSE:01244) Long-Term Capital Lease Obligation : HK$31.3 Mil (As of Dec. 2023)


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What is 3D Medicines Long-Term Capital Lease Obligation?

3D Medicines's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$31.3 Mil.

3D Medicines's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$37.3 Mil) to Jun. 2023 (HK$49.0 Mil) but then declined from Jun. 2023 (HK$49.0 Mil) to Dec. 2023 (HK$31.3 Mil).

3D Medicines's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$56.3 Mil) to Dec. 2022 (HK$37.3 Mil) and declined from Dec. 2022 (HK$37.3 Mil) to Dec. 2023 (HK$31.3 Mil).


3D Medicines Long-Term Capital Lease Obligation Historical Data

The historical data trend for 3D Medicines'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.

3D Medicines Long-Term Capital Lease Obligation Chart

3D Medicines Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
15.48 56.31 37.30 31.27

3D Medicines Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 56.31 - 37.30 49.03 31.27

3D Medicines  (HKSE:01244) 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.

3D Medicines Long-Term Capital Lease Obligation Related Terms

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3D Medicines (HKSE:01244) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3 and No. 5, Laiyang Road, Shandong, Qingdao, CHN
3D Medicines Inc is a commercial-stage biopharmaceutical company that researches, develops, and commercialization of drugs in the field of managing cancer as a chronic disease. It develops differentiated immuno-oncology drugs, helping cancer patients live with prolonged survival time and quality of life.
Executives
Gong Zhaolong 2101 Beneficial owner
Zhu Pai 2101 Beneficial owner
Dragon Prosper Holdings Limited 2101 Beneficial owner
Simcere Pharmaceutical Group Limited 2101 Beneficial owner
Gong Zhaolong 2501 Other
Immunal Medixin Us Limited 2101 Beneficial owner
Kastle Limited
Shanghai Zhenlu Enterprise Management Consulting Partnership (limited Partnership) 2101 Beneficial owner
Shenzhen Efung Holding Co., Ltd. 2201 Interest of corporation controlled by you
Shenzhen Efung Investment Management Enterprise (l.p.) 2201 Interest of corporation controlled by you
Shenzhen Efung Ruishi Investment Enterprise (limited Partnership) 2201 Interest of corporation controlled by you
Zhu Jinqiao 2103 Interests held jointly with another person

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