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China Renaissance Holdings (HKSE:01911) Long-Term Capital Lease Obligation : HK$0.0 Mil (As of Jun. 2023)


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What is China Renaissance Holdings Long-Term Capital Lease Obligation?

China Renaissance Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.0 Mil.

China Renaissance Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$115.9 Mil) to Jun. 2022 (HK$93.7 Mil) and declined from Jun. 2022 (HK$93.7 Mil) to Jun. 2023 (HK$0.0 Mil).

China Renaissance Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (HK$66.9 Mil) to Dec. 2021 (HK$115.9 Mil) but then declined from Dec. 2021 (HK$115.9 Mil) to Dec. 2022 (HK$60.8 Mil).


China Renaissance Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Renaissance Holdings'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 Renaissance Holdings Long-Term Capital Lease Obligation Chart

China Renaissance Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 63.29 66.91 115.88 60.82

China Renaissance Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 66.91 80.12 115.88 93.65 -

China Renaissance Holdings  (HKSE:01911) 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 Renaissance Holdings Long-Term Capital Lease Obligation Related Terms

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China Renaissance Holdings (HKSE:01911) Business Description

Traded in Other Exchanges
Address
No.2A Workers’ Stadium North Road, Pacific Century Place, Gate 1, Space 8, Chaoyang District, Beijing, CHN, 100027
China Renaissance Holdings Ltd is an investment banking and investment management company that combines private placement advisory, Merger and Acquisition advisory, securities underwriting, research, sales and trading, investment management, and other financial services. Its segments include Investment Banking, Investment Management, CR Securities, and Others. The company generates maximum revenue from the Investment Management segment.
Executives
Bao Fan
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Cr Partners Limited
Fbh Partners Limited
Li Shujun 2201 Interest of corporation controlled by you
Chengwei Evergreen Management, Llc 2201 Interest of corporation controlled by you
Cw Renaissance Holdings Limited 2101 Beneficial owner
Chengwei Capital Hk Limited 2201 Interest of corporation controlled by you
Chengwei Evergreen Capital, Lp 2201 Interest of corporation controlled by you
Renaissance Greenhouse Hk Limited 2101 Beneficial owner
Infiniti Trust (hong Kong) Limited 2301 Trustee
Sky Allies Development Limited 2306 Nominee for another person

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