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Zhong An Group (FRA:35Z) Long-Term Capital Lease Obligation : €3 Mil (As of Dec. 2024)


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What is Zhong An Group Long-Term Capital Lease Obligation?

Zhong An Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €3 Mil.

Zhong An Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€12 Mil) to Jun. 2024 (€4 Mil) and declined from Jun. 2024 (€4 Mil) to Dec. 2024 (€3 Mil).

Zhong An Group's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€19 Mil) to Dec. 2023 (€12 Mil) and declined from Dec. 2023 (€12 Mil) to Dec. 2024 (€3 Mil).


Zhong An Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhong An 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.

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Zhong An Group Long-Term Capital Lease Obligation Chart

Zhong An Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.41 20.86 19.01 11.83 2.91

Zhong An Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 19.01 18.77 11.83 3.53 2.91

Zhong An Group  (FRA:35Z) 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.

Zhong An Group Long-Term Capital Lease Obligation Related Terms

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Zhong An Group Business Description

Industry
Traded in Other Exchanges
Address
No. 996, Xiaoshao Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311201
Zhong An Group Ltd is an investment holding. The principal activities of the group are property development, leasing and hotel operations. The operating segments of the group are the Residential segment which develops and sells residential properties, and provides property management services, project management services and other services to residential properties in Mainland China and Canada; and the Commercial segment which develops and sells commercial properties, leases investment properties, owns and operates hotels and provides property management services, project management services and other services to commercial properties in Mainland China, Japan and United Kingdom. It generates the majority of the revenue from the Residential segment.

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