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Zhejiang Huatie Emergency Equipment Science & Technology Co (SHSE:603300) Long-Term Capital Lease Obligation : ¥6,421 Mil (As of Mar. 2024)


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What is Zhejiang Huatie Emergency Equipment Science & Technology Co Long-Term Capital Lease Obligation?

Zhejiang Huatie Emergency Equipment Science & Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6,421 Mil.

Zhejiang Huatie Emergency Equipment Science & Technology Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥5,758 Mil) to Dec. 2023 (¥5,928 Mil) and increased from Dec. 2023 (¥5,928 Mil) to Mar. 2024 (¥6,421 Mil).

Zhejiang Huatie Emergency Equipment Science & Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥2,613 Mil) to Dec. 2022 (¥4,128 Mil) and increased from Dec. 2022 (¥4,128 Mil) to Dec. 2023 (¥5,928 Mil).


Zhejiang Huatie Emergency Equipment Science & Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhejiang Huatie Emergency Equipment Science & 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.

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Zhejiang Huatie Emergency Equipment Science & Technology Co Long-Term Capital Lease Obligation Chart

Zhejiang Huatie Emergency Equipment Science & 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 Premium Member Only Premium Member Only - 1,104.33 2,613.16 4,128.19 5,928.02

Zhejiang Huatie Emergency Equipment Science & 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,972.08 3,610.81 5,757.68 5,928.02 6,421.09

Zhejiang Huatie Emergency Equipment Science & Technology Co  (SHSE:603300) 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.

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Zhejiang Huatie Emergency Equipment Science & Technology Co (SHSE:603300) Business Description

Traded in Other Exchanges
N/A
Address
E-Commerce Park East, 4th Floor, 5, 9 Shing Road, Jianggan District, Hangzhou, CHN, 310019
Zhejiang Huatie Emergency Equipment Science & Technology Co Ltd Zhejiang Huatie Construction Safety Science And Technology Co Ltd provides professional, safe and environmentally-friendly safety support and ancillary services for all types of construction projects throughout the country.
Executives
Zhou Wei Hong senior management
Hu Dan Feng Director
Gui Lin Supervisors
Guo Hai Bin senior management
Ying Da Cheng Director

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