China Nature Energy Technology Holdings (HKSE:01597) Long-Term Capital Lease Obligation : HK$11.6 Mil (As of Dec. 2023)

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

What is China Nature Energy Technology Holdings Long-Term Capital Lease Obligation?

China Nature Energy Technology Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$11.6 Mil.

China Nature Energy Technology Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$4.3 Mil) to Jun. 2023 (HK$16.0 Mil) but then declined from Jun. 2023 (HK$16.0 Mil) to Dec. 2023 (HK$11.6 Mil).

China Nature Energy Technology Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$6.6 Mil) to Dec. 2022 (HK$4.3 Mil) but then increased from Dec. 2022 (HK$4.3 Mil) to Dec. 2023 (HK$11.6 Mil).

China Nature Energy Technology Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Nature Energy Technology 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.

* Premium members only.

China Nature Energy Technology Holdings Long-Term Capital Lease Obligation Chart

China Nature Energy Technology Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.78

5.45

6.56

4.25

11.61

China Nature Energy Technology Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						6.56	8.97	4.25	15.97	11.61

China Nature Energy Technology Holdings (HKSE:01597) 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 Nature Energy Technology Holdings Long-Term Capital Lease Obligation Related Terms

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

China Nature Energy Technology Holdings (HKSE:01597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Nature Energy Technology Holdings Ltd (HKSE:01597) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building A, Standard Factory Phase II, Runzhou Road, Huishan Industrial Transformation Park, Jiangsu Province, Wuxi, CHN

Website

www.jyhyne.com

China Nature Energy Technology Holdings Ltd is engaged in the integration, manufacturing, and sales of pitch control systems and related components, wind power generation, wind farm operation, maintenance business, and provision of wind energy-related consultancy services in the People's Republic of China. Its segments include Sales of pitch control systems and related components; Sales of wind power; Wind farm operation and maintenance business; and Provision of wind energy-related consultancy services. It derives a majority of the revenue from research and development, integration, manufacturing, and sale of pitch control systems and related components in wind turbine manufacturing.

Executives

Cheng Liquan Richard	2201 Interest of corporation controlled by you
Hongyuan Company Limited	2101 Beneficial owner
Zhou Xuan	2202 Interest of your spouse

China Nature Energy Technology Holdings (HKSE:01597) Headlines

No Headlines