Yee Hop Holdings (HKSE:01662) Long-Term Capital Lease Obligation : HK$283.3 Mil (As of Sep. 2023)

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What is Yee Hop Holdings Long-Term Capital Lease Obligation?

Yee Hop Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$283.3 Mil.

Yee Hop Holdings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (HK$317.7 Mil) to Mar. 2023 (HK$315.5 Mil) and declined from Mar. 2023 (HK$315.5 Mil) to Sep. 2023 (HK$283.3 Mil).

Yee Hop Holdings's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (HK$130.4 Mil) to Mar. 2022 (HK$223.2 Mil) and increased from Mar. 2022 (HK$223.2 Mil) to Mar. 2023 (HK$315.5 Mil).

Yee Hop Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Yee Hop 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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Yee Hop Holdings Long-Term Capital Lease Obligation Chart

Yee Hop Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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0.47

2.89

130.42

223.16

315.51

Yee Hop Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial														136.27	223.16	317.68	315.51	283.29

Yee Hop Holdings (HKSE:01662) 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.

Yee Hop Holdings Long-Term Capital Lease Obligation Related Terms

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Yee Hop Holdings (HKSE:01662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yee Hop Holdings Ltd (HKSE:01662) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

19 Lam Lok Street, Units 1104-06, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG

Website

http://www.yee-hop.com.hk

Yee Hop Holdings Ltd is an investment company. The company's operating segment includes Foundation and other civil works; Tunneling works and Premises revitalization and enhancement. It generates maximum revenue from the Foundation and other civil works segments. The services of the company include the construction of mini-piles, rock-socketed steel H-piles, driven steel H piles, and other civil works. Geographically, the company derives majority of its revenue from Hong Kong and has a presence in PRC and the Philippines.

Executives

Lee Sze Wing Mabel	2202 Interest of your spouse
Chui Mo Ming	2101 Beneficial owner
Jj1318 Holdings Limited	2101 Beneficial owner
Jim Yin Kwan Jackin	2201 Interest of corporation controlled by you
Xu Junmin	2101 Beneficial owner

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