Valiant Co (SZSE:002643) Long-Term Capital Lease Obligation : ¥27 Mil (As of Mar. 2024)

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What is Valiant Co Long-Term Capital Lease Obligation?

Valiant Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥27 Mil.

Valiant Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥34 Mil) to Dec. 2023 (¥27 Mil) and declined from Dec. 2023 (¥27 Mil) to Mar. 2024 (¥27 Mil).

Valiant Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥27 Mil) to Dec. 2022 (¥36 Mil) but then declined from Dec. 2022 (¥36 Mil) to Dec. 2023 (¥27 Mil).

Valiant Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Valiant 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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Valiant Co Long-Term Capital Lease Obligation Chart

Valiant Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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15.33

26.52

35.86

27.45

Valiant 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															35.67	35.53	34.35	27.45	27.29

Valiant Co (SZSE:002643) 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.

Valiant Co Long-Term Capital Lease Obligation Related Terms

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Valiant Co (SZSE:002643) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Valiant Co Ltd (SZSE:002643) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 11, Wuzhishan Road, Economic and Technological Development Zone, Shandong Province, Yantai, CHN, 264006

Website

http://www.valiant-cn.com

Valiant Co Ltd is a China-based company principally engaged in the research, development, manufacture and sale of electronic information materials, environmental protection materials and health-care materials. The company's main products include liquid crystal, monomer, organic light emitting diode materials, APIs, intermediates and other chemicals. Geographically the activities are carried out through China.

Executives

Wang Ji Hua	Executives
Wang Huan Jie	Directors, executives

Leng Qian	Director
Wang Zhong Li	Directors, executives
Zhao Feng Qi	Director
Gao Bin	Executives
Hu Bao Hua	Executives
Zhang Peng	Supervisors
Zuo Zhuo	Independent director
Hu Tian Xiao	Supervisors
Xiao Yong Qiang	Executives
Dai Xiu Yun	Executives
Dong Zhi Zhong	Supervisors

Valiant Co (SZSE:002643) Headlines

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