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Yadea Group Holdings (HKSE:01585) Long-Term Capital Lease Obligation : HK$109 Mil (As of Dec. 2023)


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What is Yadea Group Holdings Long-Term Capital Lease Obligation?

Yadea Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$109 Mil.

Yadea Group Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$92 Mil) to Jun. 2023 (HK$152 Mil) but then declined from Jun. 2023 (HK$152 Mil) to Dec. 2023 (HK$109 Mil).

Yadea Group Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$107 Mil) to Dec. 2022 (HK$92 Mil) but then increased from Dec. 2022 (HK$92 Mil) to Dec. 2023 (HK$109 Mil).


Yadea Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Yadea Group Holdings'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.

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Yadea Group Holdings Long-Term Capital Lease Obligation Chart

Yadea Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.44 63.65 106.69 91.76 109.14

Yadea Group Holdings Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.69 87.43 91.76 152.44 109.14

Yadea Group Holdings  (HKSE:01585) 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.

Yadea Group Holdings Long-Term Capital Lease Obligation Related Terms

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Yadea Group Holdings (HKSE:01585) Business Description

Traded in Other Exchanges
N/A
Address
Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, CHN
Yadea Group Holdings Ltd is an investment holding company. The company and its subsidiaries manufacture and sell electric, two-wheeled vehicles in the People's Republic of China. It is focused on designing, researching, developing, manufacturing and selling electric scooters, electric bicycles, batteries and chargers, and related accessories. The electric two-wheeled vehicles and related accessories segment is mainly engaged in the development, manufacture and sales of electric two-wheeled vehicles and related accessories and the batteries segment is mainly engaged in the production and sales of batteries of the newly acquired Huayu.
Executives
Dai Wei Investment Company Limited 2401 A concert party to an agreement to buy shares
Fang Yuan Investment Company Limited 2101 Beneficial owner
Dong Jinggui 2401 A concert party to an agreement to buy shares
Qian Jinghong 2201 Interest of corporation controlled by you

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