Tang Palace (China) Holdings (HKSE:01181) Long-Term Capital Lease Obligation : HK$173 Mil (As of Dec. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Tang Palace (China) Holdings Long-Term Capital Lease Obligation?

Tang Palace (China) Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$173 Mil.

Tang Palace (China) Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (HK$188 Mil) to Jun. 2024 (HK$153 Mil) but then increased from Jun. 2024 (HK$153 Mil) to Dec. 2024 (HK$173 Mil).

Tang Palace (China) Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$117 Mil) to Dec. 2023 (HK$188 Mil) but then declined from Dec. 2023 (HK$188 Mil) to Dec. 2024 (HK$173 Mil).

Tang Palace (China) Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tang Palace (China) Holdings'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.

Tang Palace (China) Holdings Long-Term Capital Lease Obligation Chart

Tang Palace (China) Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

200.64

183.85

116.71

187.74

173.48

Tang Palace (China) Holdings 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															116.71	84.75	187.74	152.92	173.48

Tang Palace (China) Holdings (HKSE:01181) 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.

Tang Palace (China) Holdings Long-Term Capital Lease Obligation Related Terms

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

Tang Palace (China) Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tang Palace (China) Holdings Ltd (HKSE:01181) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Science Museum Road, Unit 3, 10th Floor, Greenfield Tower, Concordia Plaza, Kowloon, HKG

Website

https://www.tanggong.cn

Tang Palace (China) Holdings Ltd is an investment holding company engaged in restaurant operations and food production. The primary production of the group is located in the People's Republic of China. It offers new dishes, seasonal foods, festive celebrations, basic sauces, food ingredients, and casual dining of different regional cuisines. The company has four operating segments - the Southern China region, the Eastern China region, the Northern China region, and the Western China region. The majority of its revenue is generated from the Eastern China segment. The company operates restaurants under the brands of Soup Delice, Tang Palace, Tang's Cuisine, Tang Palace Seafood Restaurant, Canton Tea Room, Social Place, Pepper Lunch, and PappaRich.

Executives

Current Success Investments Limited	2101 Beneficial owner
Yip Shu Ming	2201 Interest of corporation controlled by you
Wong Sau Mui	2202 Interest of your spouse
Li Gabriel	2307 Founder of a discretionary trust who can infl
Lam Lai Ming	2307 Founder of a discretionary trust who can infl
Ym Investment Limited	2201 Interest of corporation controlled by you
The Li Family (ptc) Limited	2301 Trustee
Oaiv Holdings, L.p.	2201 Interest of corporation controlled by you
Orchid Asia Iv Group Management, Limited	2201 Interest of corporation controlled by you
Orchid Asia Iv Group, Limited	2201 Interest of corporation controlled by you
Orchid Asia Iv Investment, Limited	2201 Interest of corporation controlled by you
Orchid Asia Iv, L.p.	2101 Beneficial owner
Au Yim Bing Anniver	2202 Interest of your spouse
Chan Man Wai	2101 Beneficial owner
Ku Hok Chiu	2201 Interest of corporation controlled by you

Tang Palace (China) Holdings Headlines

No Headlines