Hevol Services Group Co (HKSE:06093) Long-Term Capital Lease Obligation : HK$6 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Hevol Services Group Co Long-Term Capital Lease Obligation?

Hevol Services Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6 Mil.

Hevol Services Group Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$4 Mil) to Jun. 2023 (HK$3 Mil) but then increased from Jun. 2023 (HK$3 Mil) to Dec. 2023 (HK$6 Mil).

Hevol Services Group Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$1 Mil) to Dec. 2022 (HK$4 Mil) and increased from Dec. 2022 (HK$4 Mil) to Dec. 2023 (HK$6 Mil).

Hevol Services Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hevol Services Group Co'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.

Hevol Services Group Co Long-Term Capital Lease Obligation Chart

Hevol Services Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.44

0.76

0.79

3.71

6.03

Hevol Services Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									0.79	1.41	3.71	2.88	6.03

Hevol Services Group Co (HKSE:06093) 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.

Hevol Services Group Co Long-Term Capital Lease Obligation Related Terms

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

Hevol Services Group Co (HKSE:06093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hevol Services Group Co Ltd (HKSE:06093) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18A Zhongguancun South Street, 16th Floor, Block D, Newlogo International Building, Haidian District, Beijing, CHN, 100081

Website

http://www.hevolwy.com.cn

Hevol Services Group Co Ltd is engaged in the provision of property management services and related value-added services in the PRC. The firm's operating segments are Property management services, Community value-added services, and Value-added services to non-property owners. The company generates a majority of its revenue from the Property management segment. Geographically, it generates revenue from the People's Republic of China. The company's projects are Sanya Hehong Holiday Sunshine, Chongqing Hehong Wenhua Mansion, and Changsha Hehong Taoli Chunfeng among others.

Executives

Brilliant Brother Group Limited	2101 Beneficial owner
Liu Hong	2202 Interest of your spouse
Liu Jiang	2201 Interest of corporation controlled by you

Hevol Services Group Co (HKSE:06093) Headlines

No Headlines