Kingwell Group (HKSE:01195) Long-Term Capital Lease Obligation : HK$0.21 Mil (As of Jun. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Kingwell Group Long-Term Capital Lease Obligation?

Kingwell Group's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.21 Mil.

Kingwell Group's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2022 (HK$0.00 Mil) to Dec. 2022 (HK$0.00 Mil) but then increased from Dec. 2022 (HK$0.00 Mil) to Jun. 2023 (HK$0.21 Mil).

Kingwell Group's annual Long-Term Capital Lease Obligation stayed the same from Jun. 2021 (HK$0.00 Mil) to Jun. 2022 (HK$0.00 Mil) but then increased from Jun. 2022 (HK$0.00 Mil) to Jun. 2023 (HK$0.21 Mil).

Kingwell Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kingwell 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.

Kingwell Group Long-Term Capital Lease Obligation Chart

Kingwell Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.21

Kingwell Group 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															-	-	-	0.21	-

Kingwell Group (HKSE:01195) 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.

Kingwell Group Long-Term Capital Lease Obligation Related Terms

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

Kingwell Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kingwell Group Ltd (HKSE:01195) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

62 Mody Road, Units 314-315, Wing On Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

https://kingwell.todayir.com

Kingwell Group Ltd is engaged in the property development business. It operates under two main segments. The gold mining segment engages in the production and sale of gold; and the property development, property leasing, and property management services segment engages in the development of villas, apartments, and commercial buildings, property leasing of self-owned properties, the sale of carpark spaces and the provision of property management services and construction services. The company derives majority of its revenue from the property development, property leasing, and property management services segment.

Executives

Union Day Group Limited	2201 Interest of corporation controlled by you
Du Yun	2201 Interest of corporation controlled by you
Mu Dongsheng	2101 Beneficial owner
Yin Jiatang	2101 Beneficial owner

Kingwell Group Headlines

No Headlines