China Water Affairs Group (HKSE:00855) Long-Term Capital Lease Obligation : HK$324 Mil (As of Sep. 2023)

View and export this data going back to 1999. Start your Free Trial

What is China Water Affairs Group Long-Term Capital Lease Obligation?

China Water Affairs Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$324 Mil.

China Water Affairs Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 (HK$312 Mil) to Mar. 2023 (HK$343 Mil) but then declined from Mar. 2023 (HK$343 Mil) to Sep. 2023 (HK$324 Mil).

China Water Affairs Group's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (HK$329 Mil) to Mar. 2022 (HK$338 Mil) and increased from Mar. 2022 (HK$338 Mil) to Mar. 2023 (HK$343 Mil).

China Water Affairs Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Water Affairs 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.

* Premium members only.

China Water Affairs Group Long-Term Capital Lease Obligation Chart

China Water Affairs Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

335.38

329.05

338.10

343.12

China Water Affairs Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															335.92	338.10	311.65	343.12	324.20

China Water Affairs Group (HKSE:00855) 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.

China Water Affairs Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of China Water Affairs Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

China Water Affairs Group (HKSE:00855) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Water Affairs Group Ltd (HKSE:00855) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CWAFF:USA CUBB:Germany

Address

18 Harbour Road, Central Plaza, Suite 6408, 64th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinawatergroup.com

China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Property development and investment, Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a major share of its revenue from the People's Republic of China.

Executives

Orix Corporation	2201 Interest of corporation controlled by you
Duan Chuan Liang	2101 Beneficial owner

China Water Affairs Group (HKSE:00855) Headlines

No Headlines