Muyuan Foods Co (SZSE:002714) Long-Term Capital Lease Obligation : ¥4,058 Mil (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Muyuan Foods Co Long-Term Capital Lease Obligation?

Muyuan Foods Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,058 Mil.

Muyuan Foods Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥4,353 Mil) to Dec. 2023 (¥4,112 Mil) and declined from Dec. 2023 (¥4,112 Mil) to Mar. 2024 (¥4,058 Mil).

Muyuan Foods Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥6,815 Mil) to Dec. 2022 (¥4,385 Mil) and declined from Dec. 2022 (¥4,385 Mil) to Dec. 2023 (¥4,112 Mil).

Muyuan Foods Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Muyuan Foods 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.

Muyuan Foods Co Long-Term Capital Lease Obligation Chart

Muyuan Foods 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

5,592.42

6,815.48

4,384.64

4,111.59

Muyuan Foods 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															4,343.83	4,220.24	4,352.74	4,111.59	4,058.18

Muyuan Foods Co (SZSE:002714) 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.

Muyuan Foods Co Long-Term Capital Lease Obligation Related Terms

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

Muyuan Foods Co (SZSE:002714) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Muyuan Foods Co Ltd (SZSE:002714) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000

Website

https://www.muyuanfoods.com

Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of sales. Muyuan's hog output has increased 46 times between 2013 and 2022.

Executives

Li Fu Qiang	Supervisors
Yan Lei	Independent director
Qin Ying Lin	Directors, executives
Su Dang Lin	Executives
Cao Zhi Nian	Directors, executives
Qin Jun	Directors, executives
Qian Ying	Director
Wang Hua Tong	Executives
Zhang Chun Wu	Director, representative of securities affairs
Lu Xiang Li	Supervisors
Chu Ke	Supervisors

Muyuan Foods Co (SZSE:002714) Headlines

No Headlines