China National Gold Group Gold Jewellery Co (SHSE:600916) Long-Term Capital Lease Obligation : ¥179 Mil (As of Mar. 2024)

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

What is China National Gold Group Gold Jewellery Co Long-Term Capital Lease Obligation?

China National Gold Group Gold Jewellery Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥179 Mil.

China National Gold Group Gold Jewellery Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥200 Mil) to Dec. 2023 (¥176 Mil) but then increased from Dec. 2023 (¥176 Mil) to Mar. 2024 (¥179 Mil).

China National Gold Group Gold Jewellery Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥225 Mil) to Dec. 2022 (¥210 Mil) and declined from Dec. 2022 (¥210 Mil) to Dec. 2023 (¥176 Mil).

China National Gold Group Gold Jewellery Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for China National Gold Group Gold Jewellery 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.

China National Gold Group Gold Jewellery Co Long-Term Capital Lease Obligation Chart

China National Gold Group Gold Jewellery Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

242.74

225.21

210.14

176.49

China National Gold Group Gold Jewellery Co Quarterly Data
	Dec18	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															209.18	196.58	200.29	176.49	179.01

China National Gold Group Gold Jewellery Co (SHSE:600916) 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.

China National Gold Group Gold Jewellery Co Long-Term Capital Lease Obligation Related Terms

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

China National Gold Group Gold Jewellery Co (SHSE:600916) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China National Gold Group Gold Jewellery Co Ltd (SHSE:600916) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 2, Jingyuan North Street, Room 305, Building 49, Economic and Technological Development Zone, Beijing, CHN, 100176

Website

https://www.chnau99999.com

China National Gold Group Gold & Jewelery Co Ltd is a professional gold jewelry production and sales enterprise specializing in the operation of the China Gold brand.

China National Gold Group Gold Jewellery Co (SHSE:600916) Headlines

No Headlines