Xiamen Xiangyu Co (SHSE:600057) Long-Term Capital Lease Obligation : ¥288 Mil (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Xiamen Xiangyu Co Long-Term Capital Lease Obligation?

Xiamen Xiangyu Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥288 Mil.

Xiamen Xiangyu Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥231 Mil) to Dec. 2023 (¥321 Mil) but then declined from Dec. 2023 (¥321 Mil) to Mar. 2024 (¥288 Mil).

Xiamen Xiangyu Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥275 Mil) to Dec. 2022 (¥263 Mil) but then increased from Dec. 2022 (¥263 Mil) to Dec. 2023 (¥321 Mil).

Xiamen Xiangyu Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Xiamen Xiangyu 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.

Xiamen Xiangyu Co Long-Term Capital Lease Obligation Chart

Xiamen Xiangyu Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

481.94

275.21

262.68

321.50

Xiamen Xiangyu Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															278.40	258.70	230.87	321.50	287.98

Xiamen Xiangyu Co (SHSE:600057) 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.

Xiamen Xiangyu Co Long-Term Capital Lease Obligation Related Terms

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

Xiamen Xiangyu Co (SHSE:600057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Xiamen Xiangyu Co Ltd (SHSE:600057) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

2F, Yinsheng Mansion, No.21 Xiangxing Forth Road, Free Trade Zone, Modern Logistic, Xiamen, Fujian, CHN, 361006

Website

http://www.xiangyu.cn

Xiamen Xiangyu Co Ltd provides supply chain and circulation services in the People's Republic of China. It supplies plastic chemicals, agricultural products, metallic ores, forest products, and mechanical and electrical products. The company also offers various integrated logistics services comprising the international purchase and distribution, international multimodal transport, domestic door-to-door logistics and financial logistics.

Executives

Tong Xiao Qing	senior management
Liao Jie	senior management
Deng Qi Dong	Director
Cheng Yi Liang	senior management
Zhang Jun Tian	senior management
Qi Wei Dong	Directors, senior managers
Chen Dai Zhen	senior management
Fan Cheng Yang	senior management
Zhang Shui Li	Director
Chen Fang	Director
Xiao Jing Qin	senior management
Zhang Yue Duan	senior management
Gao Chen Xia	senior management
Lu Jiang	Supervisors
Ma Zhong Da	Supervisors

Xiamen Xiangyu Co (SHSE:600057) Headlines

No Headlines