Fujian Qingshan Paper Industry Co (SHSE:600103) Long-Term Capital Lease Obligation : ¥0 Mil (As of Mar. 2024)

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What is Fujian Qingshan Paper Industry Co Long-Term Capital Lease Obligation?

Fujian Qingshan Paper Industry Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil.

Fujian Qingshan Paper Industry Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥1 Mil) to Dec. 2023 (¥1 Mil) and declined from Dec. 2023 (¥1 Mil) to Mar. 2024 (¥0 Mil).

Fujian Qingshan Paper Industry Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥4 Mil) to Dec. 2022 (¥2 Mil) and declined from Dec. 2022 (¥2 Mil) to Dec. 2023 (¥1 Mil).

Fujian Qingshan Paper Industry Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fujian Qingshan Paper Industry 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.

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Fujian Qingshan Paper Industry Co Long-Term Capital Lease Obligation Chart

Fujian Qingshan Paper Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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5.76

4.31

2.12

0.96

Fujian Qingshan Paper Industry 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															1.78	1.43	1.14	0.96	0.17

Fujian Qingshan Paper Industry Co (SHSE:600103) 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.

Fujian Qingshan Paper Industry Co Long-Term Capital Lease Obligation Related Terms

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Fujian Qingshan Paper Industry Co (SHSE:600103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Fujian Qingshan Paper Industry Co Ltd (SHSE:600103) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Junzhu Road, Mawei Economic and Technology Development Zone, Fuzhou, Fujian, CHN, 365506

Website

http://www.qingshanpaper.com

Fujian Qingshan Paper Industry Co Ltd is a China-based company engaged in the production and sales of paper products. Its principal products cover paper bags, pulp board, paperboard and corrugated paper products, paper products, optoelectronic products and forest products. The company distributes its products in domestic and overseas markets.

Executives

Yu Zong Yuan	Directors, senior managers
Lin Xiao He	Director
Pan Qi Xing	senior management
Ye Yu	Director
Yu Jian Ming	senior management
Liang Ming Fu	senior management
Lin Yan Rong	Director
Liu Jie	Director
Zhou Mu Sheng	senior management
Huang Feng Shi	senior management
Wu Bing Wen	senior management

Fujian Qingshan Paper Industry Co (SHSE:600103) Headlines

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