GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhangjiagang Freetrade Science & Technology Group Co Ltd (SHSE:600794) » Definitions » Long-Term Capital Lease Obligation

Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) Long-Term Capital Lease Obligation : ¥15 Mil (As of Mar. 2024)


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

What is Zhangjiagang Freetrade Science & Technology Group Co Long-Term Capital Lease Obligation?

Zhangjiagang Freetrade Science & Technology Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15 Mil.

Zhangjiagang Freetrade Science & Technology Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥40 Mil) to Dec. 2023 (¥20 Mil) and declined from Dec. 2023 (¥20 Mil) to Mar. 2024 (¥15 Mil).

Zhangjiagang Freetrade Science & Technology Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥68 Mil) to Dec. 2022 (¥52 Mil) and declined from Dec. 2022 (¥52 Mil) to Dec. 2023 (¥20 Mil).


Zhangjiagang Freetrade Science & Technology Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhangjiagang Freetrade Science & Technology 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.

Zhangjiagang Freetrade Science & Technology Group Co Long-Term Capital Lease Obligation Chart

Zhangjiagang Freetrade Science & Technology Group 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 Premium Member Only Premium Member Only - 82.81 68.06 52.24 19.53

Zhangjiagang Freetrade Science & Technology Group 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 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 48.15 44.25 40.26 19.53 15.40

Zhangjiagang Freetrade Science & Technology Group Co  (SHSE:600794) 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.

Zhangjiagang Freetrade Science & Technology Group Co Long-Term Capital Lease Obligation Related Terms

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


Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) Business Description

Traded in Other Exchanges
N/A
Address
8 Jingang Road, Jiangsu Chemical Products Trading Center Building, 27-28th Floor, Zhangjiagang Free Trade Zone, Jiangsu Province, Zhangjiagang, CHN, 215634
Zhangjiagang Freetrade Science & Technology Group Co Ltd is engaged in biological high-tech applications, development; high-tech and e-commerce, web application development; ports, bonded logistics investment projects and other industrial investment.
Executives
Lan Jian Qiu Director
Chen Hui senior management
Xu Hui Supervisors
Chu Yue Feng Supervisors
Chu Yue Feng Supervisors
Zhang Hui Zhong senior management
Zhu Jian Hua senior management
Wang Ben senior management
Tang Yong Director
Huang Xiong senior management
Deng Yong Qing Director
Gao Fu Xing Director
Quan Xin Na Director
Wu Xiao Jun Supervisors
Li Jin Wei Supervisors

Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) Headlines

No Headlines