Hang Lung Properties (HKSE:00101) Long-Term Capital Lease Obligation : HK$240 Mil (As of Dec. 2024)

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What is Hang Lung Properties Long-Term Capital Lease Obligation?

Hang Lung Properties's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$240 Mil.

Hang Lung Properties's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (HK$248 Mil) to Jun. 2024 (HK$241 Mil) and declined from Jun. 2024 (HK$241 Mil) to Dec. 2024 (HK$240 Mil).

Hang Lung Properties's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$266 Mil) to Dec. 2023 (HK$248 Mil) and declined from Dec. 2023 (HK$248 Mil) to Dec. 2024 (HK$240 Mil).

Hang Lung Properties Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hang Lung Properties'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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Hang Lung Properties Long-Term Capital Lease Obligation Chart

Hang Lung Properties Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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302.00

305.00

266.00

248.00

240.00

Hang Lung Properties 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															266.00	253.00	248.00	241.00	240.00

Hang Lung Properties (HKSE:00101) 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.

Hang Lung Properties Long-Term Capital Lease Obligation Related Terms

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Hang Lung Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (HKSE:00101) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

HLPPY:USA HLPPF:USA AOP:Germany AOP:Germany

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglung.com

Hung Lung Properties primarily operates in Mainland China and Hong Kong where it develops and invests in a portfolio of commercial properties for rental income, as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming, Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 64% owned by Hang Lung Group.

Executives

Chan Adriel Wenbwo	2101 Beneficial owner
Cole Enterprises Holdings (ptc) Limited
Merssion Limited
Chan Tan Ching Fen
Hang Lung Group Limited
Curicao Company Limited	2101 Beneficial owner

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