Sichuan Haowu Electromechanical Co (SZSE:000757) Long-Term Capital Lease Obligation : ¥13 Mil (As of Sep. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Sichuan Haowu Electromechanical Co Long-Term Capital Lease Obligation?

Sichuan Haowu Electromechanical Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥13 Mil.

Sichuan Haowu Electromechanical Co's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (¥17 Mil) to Jun. 2023 (¥18 Mil) but then declined from Jun. 2023 (¥18 Mil) to Sep. 2023 (¥13 Mil).

Sichuan Haowu Electromechanical Co's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (¥16 Mil) to Dec. 2021 (¥21 Mil) but then declined from Dec. 2021 (¥21 Mil) to Dec. 2022 (¥18 Mil).

Sichuan Haowu Electromechanical Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sichuan Haowu Electromechanical 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.

Sichuan Haowu Electromechanical Co Long-Term Capital Lease Obligation Chart

Sichuan Haowu Electromechanical Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

15.53

21.19

17.66

Sichuan Haowu Electromechanical Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															22.24	17.66	16.67	18.32	12.82

Sichuan Haowu Electromechanical Co (SZSE:000757) 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.

Sichuan Haowu Electromechanical Co Long-Term Capital Lease Obligation Related Terms

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

Sichuan Haowu Electromechanical Co (SZSE:000757) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sichuan Haowu Electromechanical Co Ltd (SZSE:000757) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 56, Tianhui Middle Street, No. 2028, Building 20, Shuguang International Building, High-tech Zone, Chengdu, CHN, 610041

Website

http://www.hwgf757.com

Sichuan Haowu Electromechanical Co Ltd is a China-based auto parts manufacturing company. It is engaged in the development and application of advanced and applicable auto parts. Products offered by the company include automobile crankshafts for mini cars, light vehicles, and sedans.

Sichuan Haowu Electromechanical Co (SZSE:000757) Headlines

No Headlines