TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Long-Term Capital Lease Obligation : ¥5,439 Mil (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is TCL Zhonghuan Renewable Energy Technology Co Long-Term Capital Lease Obligation?

TCL Zhonghuan Renewable Energy Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,439 Mil.

TCL Zhonghuan Renewable Energy Technology Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥5,419 Mil) to Dec. 2023 (¥5,437 Mil) and increased from Dec. 2023 (¥5,437 Mil) to Mar. 2024 (¥5,439 Mil).

TCL Zhonghuan Renewable Energy Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥1,047 Mil) to Dec. 2022 (¥4,384 Mil) and increased from Dec. 2022 (¥4,384 Mil) to Dec. 2023 (¥5,437 Mil).

TCL Zhonghuan Renewable Energy Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for TCL Zhonghuan Renewable Energy Technology 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.

TCL Zhonghuan Renewable Energy Technology Co Long-Term Capital Lease Obligation Chart

TCL Zhonghuan Renewable Energy Technology 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

1,023.29

1,047.34

4,384.12

5,436.66

TCL Zhonghuan Renewable Energy Technology 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															4,769.98	4,920.16	5,418.98	5,436.66	5,438.53

TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) 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.

TCL Zhonghuan Renewable Energy Technology Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of TCL Zhonghuan Renewable Energy Technology Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TCL Zhonghuan Renewable Energy Technology Co Ltd (SZSE:002129) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12 Haitai East Street, Huayuan Technology Park, New and High-Tech Industrial Development Zone, Tianjin, Tianjin, CHN, 300384

Website

http://www.tjsemi.com

TCL Zhonghuan is the second largest solar silicon wafer producer in China. It produced about 68.3GW solar wafers in 2022, accounting for 19.1% of total production in China. Solar wafers contributed 76% of revenue and 81% of gross profit in 2022. Zhonghuan is also a leading domestic semiconductor silicon wafer producer.

TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Headlines

No Headlines