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Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Long-Term Capital Lease Obligation : ¥13 Mil (As of Mar. 2024)


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What is Asia-Potash International Investment (Guangzhou) Co Long-Term Capital Lease Obligation?

Asia-Potash International Investment (Guangzhou) Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥13 Mil.

Asia-Potash International Investment (Guangzhou) Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥14 Mil) to Dec. 2023 (¥16 Mil) but then declined from Dec. 2023 (¥16 Mil) to Mar. 2024 (¥13 Mil).

Asia-Potash International Investment (Guangzhou) Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥8 Mil) to Dec. 2022 (¥12 Mil) and increased from Dec. 2022 (¥12 Mil) to Dec. 2023 (¥16 Mil).


Asia-Potash International Investment (Guangzhou) Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Asia-Potash International Investment (Guangzhou) 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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Asia-Potash International Investment (Guangzhou) Co Long-Term Capital Lease Obligation Chart

Asia-Potash International Investment (Guangzhou) 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 - 12.00 8.12 12.47 15.55

Asia-Potash International Investment (Guangzhou) 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 12.52 15.79 13.78 15.55 12.60

Asia-Potash International Investment (Guangzhou) Co  (SZSE:000893) 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.

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Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Business Description

Traded in Other Exchanges
N/A
Address
No. 1166 Xin Gang East Road, 19th Floor, South Tower, International Commerce Place, Guangzhou, CHN, 510330
Asia-Potash International Investment (Guangzhou) Co Ltd, formerly Donlinks International Investment Co Ltd is primarily involved in the grain trading activities. It trades in corns, sorghums, feeds barleys, DDGs, and others. Further, it is also engaged in the business of overseas dry bulk carriers such as coal and iron ore and provides logistics solution. The business activities are carried out through China.
Executives
Chen Xue Ping Executives
Yu Long Executives
Lai Ning Chang Director
Li Chao Bo Supervisors
Jiang Yi Director
Xu Ji Ping Director
Ma Kai Directors, executives
Hou Xun Tian Director
Tian Yan Directors, executives
Xu Jian Fei Executives
Shi Ge Yan Executives
Rao Zhi Long Directors, executives
Liu Jie Executives

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Headlines

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