Yuan Longping High-tech Agriculture Co (SZSE:000998) Long-Term Capital Lease Obligation : ¥159 Mil (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Yuan Longping High-tech Agriculture Co Long-Term Capital Lease Obligation?

Yuan Longping High-tech Agriculture Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥159 Mil.

Yuan Longping High-tech Agriculture Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥32 Mil) to Dec. 2023 (¥155 Mil) and increased from Dec. 2023 (¥155 Mil) to Mar. 2024 (¥159 Mil).

Yuan Longping High-tech Agriculture Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥31 Mil) to Dec. 2022 (¥91 Mil) and increased from Dec. 2022 (¥91 Mil) to Dec. 2023 (¥155 Mil).

Yuan Longping High-tech Agriculture Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Yuan Longping High-tech Agriculture 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.

Yuan Longping High-tech Agriculture Co Long-Term Capital Lease Obligation Chart

Yuan Longping High-tech Agriculture 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

32.71

31.12

90.80

155.12

Yuan Longping High-tech Agriculture 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															30.99	32.42	32.14	155.12	158.95

Yuan Longping High-tech Agriculture Co (SZSE:000998) 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.

Yuan Longping High-tech Agriculture Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Yuan Longping High-tech Agriculture Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Yuan Longping High-tech Agriculture Co (SZSE:000998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yuan Longping High-tech Agriculture Co Ltd (SZSE:000998) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No.459 Chezhan(N)Road, Securities Building, Hunan Province, Changsha, CHN, 410001

Website

http://www.lpht.com.cn

Yuan Longping High-tech Agriculture Co Ltd is a China-based company engaged in the research, production, and sale of seeds, hybrid rice, pepper, corn, cotton, and vegetables. In addition, the company also provides agricultural services like precision planting technology, new professional peasant training, quality grain trading platform, cultivated land rehabilitation and development, brand agriculture and agricultural finance. The company creates an agricultural integrated service platform by including peasants, dealers and other means of agricultural production, finance, and other partners into the integrated service ecological circle.

Executives

Wang Yi Bo	Director
Liao Cui Meng	Directors, executives
Zhang Xiu Kuan	Directors, executives
Tao Yang	Director
Gong Jun Tao	Executives
Sun Wei Hua	Supervisors
Zou Ji Jun	Executives
Long He Ping	Executives
Qi Shao Wu	Director
Peng Guang Jian	Executives
Ma De Hua	Director
Yang Yuan Zhu	Executives
Yuan Ding Jiang	Directors, executives
Wu Yue Shi	Director
Chen Zhi Xin	Secretary Dong

Yuan Longping High-tech Agriculture Co (SZSE:000998) Headlines

No Headlines