Tianjin Capital Environmental Protection Group Co (SHSE:600874) Long-Term Capital Lease Obligation : ¥3 Mil (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Tianjin Capital Environmental Protection Group Co Long-Term Capital Lease Obligation?

Tianjin Capital Environmental Protection Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3 Mil.

Tianjin Capital Environmental Protection Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥5 Mil) to Dec. 2023 (¥3 Mil) and declined from Dec. 2023 (¥3 Mil) to Mar. 2024 (¥3 Mil).

Tianjin Capital Environmental Protection Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥6 Mil) to Dec. 2022 (¥4 Mil) and declined from Dec. 2022 (¥4 Mil) to Dec. 2023 (¥3 Mil).

Tianjin Capital Environmental Protection Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tianjin Capital Environmental Protection 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.

Tianjin Capital Environmental Protection Group Co Long-Term Capital Lease Obligation Chart

Tianjin Capital Environmental Protection 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

6.23

4.44

3.18

Tianjin Capital Environmental Protection 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															4.53	4.61	4.69	3.18	2.80

Tianjin Capital Environmental Protection Group Co (SHSE:600874) 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.

Tianjin Capital Environmental Protection Group Co Long-Term Capital Lease Obligation Related Terms

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

Tianjin Capital Environmental Protection Group Co (SHSE:600874) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tianjin Capital Environmental Protection Group Co Ltd (SHSE:600874) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

01065:Hong Kong TIA:Germany

Address

No. 76, Weijin South Road, 12th Floor, TCEP Building, Nankai District, Tianjin, CHN, 300381

Website

https://www.tjcep.com

Tianjin Capital Environmental Protection Group Co Ltd is a Chinese company mainly engaged in water utility business, new energy cooling and heating supply business. It provides sewage water treatment, construction and management of the related facility, the supply of tap water, recycled water. The company also provides a heating and cooling supply service which includes design, construction, operations, and transfer of centralized heating and cooling infrastructures, and provision of heating and cooling services. The company manages is business mainly in five segments; Sewage processing and facility, recycled water and pipeline connection, heating and cooling services, tap water operations and sale of environmental protection equipment. The company earns majority of its revenue from China.

Tianjin Capital Environmental Protection Group Co (SHSE:600874) Headlines

No Headlines