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China Brilliant Global (HKSE:08026) Long-Term Capital Lease Obligation : HK$0.00 Mil (As of Sep. 2023)


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What is China Brilliant Global Long-Term Capital Lease Obligation?

China Brilliant Global's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil.

China Brilliant Global's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 (HK$0.07 Mil) to Jun. 2023 (HK$0.00 Mil) but then stayed the same from Jun. 2023 (HK$0.00 Mil) to Sep. 2023 (HK$0.00 Mil).

China Brilliant Global's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (HK$0.09 Mil) to Mar. 2022 (HK$0.00 Mil) but then increased from Mar. 2022 (HK$0.00 Mil) to Mar. 2023 (HK$0.07 Mil).


China Brilliant Global Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Brilliant Global'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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China Brilliant Global Long-Term Capital Lease Obligation Chart

China Brilliant Global Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.27 0.09 - 0.07

China Brilliant Global Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.59 - 0.07 - -

China Brilliant Global  (HKSE:08026) 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 Brilliant Global Long-Term Capital Lease Obligation Related Terms

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China Brilliant Global (HKSE:08026) Business Description

Traded in Other Exchanges
N/A
Address
9 Des Voeux Road West, Flat B, 9th Floor, Sheung Wan, Hong Kong, HKG
China Brilliant Global Ltd engages in wholesale and retailing of jewellery, money lending and distribution and retailing of Chinese herbal medicine and drugs. The company operates its business through three segments are Trading and retailing of gold and jewellery segment; Lending business, and the Fintech business segment. The Trading and retailing of gold and jewellery contribute maximum in the revenue of the company. The group's operations are mainly located in the PRC and Hong Kong, of which prime revenue is generated from the PRC.
Executives
Zhang Chunhua 2101 Beneficial owner
Brilliant Chapter Limited 2101 Beneficial owner
Zhang Chunping 2101 Beneficial owner

China Brilliant Global (HKSE:08026) Headlines

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