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Gemdale Properties and Investment (HKSE:00535) Long-Term Capital Lease Obligation : HK$943 Mil (As of Dec. 2023)


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What is Gemdale Properties and Investment Long-Term Capital Lease Obligation?

Gemdale Properties and Investment's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$943 Mil.

Gemdale Properties and Investment's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$1,045 Mil) to Jun. 2023 (HK$971 Mil) and declined from Jun. 2023 (HK$971 Mil) to Dec. 2023 (HK$943 Mil).

Gemdale Properties and Investment's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$1,128 Mil) to Dec. 2022 (HK$1,045 Mil) and declined from Dec. 2022 (HK$1,045 Mil) to Dec. 2023 (HK$943 Mil).


Gemdale Properties and Investment Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gemdale Properties and Investment'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.

Gemdale Properties and Investment Long-Term Capital Lease Obligation Chart

Gemdale Properties and Investment 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 1,286.01 1,602.74 1,127.62 1,045.42 943.27

Gemdale Properties and Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,127.62 1,066.41 1,045.42 970.53 943.27

Gemdale Properties and Investment  (HKSE:00535) 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.

Gemdale Properties and Investment Long-Term Capital Lease Obligation Related Terms

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Gemdale Properties and Investment (HKSE:00535) Business Description

Traded in Other Exchanges
N/A
Address
28 Queen’s Road Central, 19th Floor, Central Tower, Central, Hong Kong, HKG
Gemdale Properties and Investment Corp Ltd is an investment holding company that operates through four segments. The property development segment, which produces the company's revenue, develops and sells residential and commercial properties. The property investment and management segment invests and manages business parks and commercial properties. In the microfinance segment, Gemdale provides financial services to potential property buyers and small businesses. The corporate segment provides corporate management services to residential, commercial, and business park projects. The company generates almost all of its revenue from Mainland China.
Executives
Gemdale Corporation 2201 Interest of corporation controlled by you
Lippo Capital Group Limited 2201 Interest of corporation controlled by you
Riady Stephen 2201 Interest of corporation controlled by you
Leonardi Shincee 2202 Interest of your spouse
Riady James Tjahaja 2201 Interest of corporation controlled by you
Pt Trijaya Utama Mandiri 2201 Interest of corporation controlled by you
Oue Limited 2201 Interest of corporation controlled by you
Lippo Limited 2201 Interest of corporation controlled by you
Lippo Capital Limited 2201 Interest of corporation controlled by you
Lippo Capital Holdings Company Limited 2201 Interest of corporation controlled by you
Lippo Asm Asia Property Limited 2201 Interest of corporation controlled by you
Hongkong Chinese Limited 2201 Interest of corporation controlled by you
Hambali Aileen 2202 Interest of your spouse
Fortune Crane Limited 2201 Interest of corporation controlled by you
Chan Kin 2201 Interest of corporation controlled by you

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