Shaanxi Construction Engineering Group (SHSE:600248) Long-Term Capital Lease Obligation : ¥142 Mil (As of Mar. 2024)

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

What is Shaanxi Construction Engineering Group Long-Term Capital Lease Obligation?

Shaanxi Construction Engineering Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥142 Mil.

Shaanxi Construction Engineering Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥110 Mil) to Dec. 2023 (¥121 Mil) and increased from Dec. 2023 (¥121 Mil) to Mar. 2024 (¥142 Mil).

Shaanxi Construction Engineering Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥123 Mil) to Dec. 2022 (¥75 Mil) but then increased from Dec. 2022 (¥75 Mil) to Dec. 2023 (¥121 Mil).

Shaanxi Construction Engineering Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shaanxi Construction Engineering Group'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.

Shaanxi Construction Engineering Group Long-Term Capital Lease Obligation Chart

Shaanxi Construction Engineering Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

121.32

122.54

74.56

121.38

Shaanxi Construction Engineering Group 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															82.44	108.21	109.92	121.38	142.39

Shaanxi Construction Engineering Group (SHSE:600248) 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.

Shaanxi Construction Engineering Group Long-Term Capital Lease Obligation Related Terms

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

Shaanxi Construction Engineering Group (SHSE:600248) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shaanxi Construction Engineering Group Corp Ltd (SHSE:600248) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.199, North Street, Lianhu District, Xi'an, Shaanxi, CHN, 712100

Website

http://www.sxjgkg.com

Shaanxi Construction Engineering Group Corp Ltd is engaged in providing engineering construction services. The company is involved in infrastructure, construction work, architectural design, real-estate development and operation services.

Shaanxi Construction Engineering Group (SHSE:600248) Headlines

No Headlines