GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dongguan Rural Commercial Bank Co Ltd (HKSE:09889) » Definitions » Long-Term Capital Lease Obligation

Dongguan Rural Commercial Bank Co (HKSE:09889) Long-Term Capital Lease Obligation : HK$0 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Dongguan Rural Commercial Bank Co Long-Term Capital Lease Obligation?

Dongguan Rural Commercial Bank Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil.


Dongguan Rural Commercial Bank Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dongguan Rural Commercial Bank 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.

Dongguan Rural Commercial Bank Co Long-Term Capital Lease Obligation Chart

Dongguan Rural Commercial Bank Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - -

Dongguan Rural Commercial Bank Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Dongguan Rural Commercial Bank Co  (HKSE:09889) 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.

Dongguan Rural Commercial Bank Co Long-Term Capital Lease Obligation Related Terms

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


Dongguan Rural Commercial Bank Co (HKSE:09889) Business Description

Traded in Other Exchanges
N/A
Address
No.2, Hongfu East Road, Dongcheng District, Guangdong Province, Dongguan, CHN, 523123
Dongguan Rural Commercial Bank Co Ltd is engaged in providing financial services in China. It operates in four segments: Corporate banking, which covers financial products and services to corporate customers, governments, and financial institutions; Personal banking business segment covers financial products and services to individual customers; Treasury segment covers the Group's money market transactions, repurchase transactions, debt instrument investments, wealth management products, and precious metals; and Others.
Executives
Scoperto Limited 2101 Beneficial owner
Lee Kar Lung 2201 Interest of corporation controlled by you
Lion Fund Management Co.,ltd. 2102 Investment manager
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Nong Yin Guo Ji Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Nong Yin Guo Ji Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Nong Ye Yin Xing Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jun Xi You Xian Gong Si 2106 Person having a security interest in shares
Yam Tak Cheung 2201 Interest of corporation controlled by you
Fook Man Development Company Limited 2101 Beneficial owner
Dong Guan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Guo Tai Ji Jin Guan Li You Xian Gong Si
Cai Tong Ji Jin Guan Li You Xian Gong Si 2501 Other
Cai Tong Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Guan Shi Jiao Tong Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

Dongguan Rural Commercial Bank Co (HKSE:09889) Headlines

No Headlines