China Aircraft Leasing Group Holdings (HKSE:01848) Long-Term Capital Lease Obligation : HK$13 Mil (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is China Aircraft Leasing Group Holdings Long-Term Capital Lease Obligation?

China Aircraft Leasing Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$13 Mil.

China Aircraft Leasing Group Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$29 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$13 Mil).

China Aircraft Leasing Group Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$35 Mil) to Dec. 2022 (HK$29 Mil) and declined from Dec. 2022 (HK$29 Mil) to Dec. 2023 (HK$13 Mil).

China Aircraft Leasing Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Aircraft Leasing 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.

* Premium members only.

China Aircraft Leasing Group Holdings Long-Term Capital Lease Obligation Chart

China Aircraft Leasing 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

36.86

45.25

34.74

28.91

13.05

China Aircraft Leasing Group Holdings Semi-Annual Data
	Jun14	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															34.74	30.39	28.91	-	13.05

China Aircraft Leasing Group Holdings (HKSE:01848) 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 Aircraft Leasing Group Holdings Long-Term Capital Lease Obligation Related Terms

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

China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Aircraft Leasing Group Holdings Ltd (HKSE:01848) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CFRLF:USA

Address

16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.calc.com.hk

China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

Executives

Poon Ho Man	2101 Beneficial owner
China Everbright Holdings Company Limited	2201 Interest of corporation controlled by you
Capella Capital Limited	2201 Interest of corporation controlled by you
Friedmann Pacific Asset Management Limited	2101 Beneficial owner
Ng Christina	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.
China Everbright Limited
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si

China Aircraft Leasing Group Holdings (HKSE:01848) Headlines

No Headlines