Guan Chao Holdings (HKSE:01872) Long-Term Capital Lease Obligation : HK$71 Mil (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Guan Chao Holdings Long-Term Capital Lease Obligation?

Guan Chao Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$71 Mil.

Guan Chao Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (HK$92 Mil) to Jun. 2024 (HK$86 Mil) and declined from Jun. 2024 (HK$86 Mil) to Dec. 2024 (HK$71 Mil).

Guan Chao Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$5 Mil) to Dec. 2023 (HK$92 Mil) but then declined from Dec. 2023 (HK$92 Mil) to Dec. 2024 (HK$71 Mil).

Guan Chao Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Guan Chao 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.

Guan Chao Holdings Long-Term Capital Lease Obligation Chart

Guan Chao Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

26.45

17.60

4.76

92.16

71.01

Guan Chao Holdings Semi-Annual Data
	Dec16	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											4.76	91.83	92.16	86.17	71.01

Guan Chao Holdings (HKSE:01872) 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.

Guan Chao Holdings Long-Term Capital Lease Obligation Related Terms

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

Guan Chao Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guan Chao Holdings Ltd (HKSE:01872) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Leng Kee Road, No. 01-02, Leng Kee Autopoint, Singapore, SGP, 159096

Website

https://www.guanchaoholdingsltd.com

Guan Chao Holdings Ltd is a multi-brand car dealership and importer of new and pre-owned cars in Singapore. The company is engaged in the sale of new parallel-import motor vehicles and pre-owned motor vehicles, the provision of motor vehicle financing services and motor vehicle insurance agency services, the sale of motor vehicle spare parts and accessories, and the provision of motor vehicle leasing services. Its segment comprises Sales of motor vehicles and provision of related services; Rental income from operating lease of motor vehicles; and Sales of spare parts and accessories.

Executives

Beng Lee Ser Marisa
Tan Shuay Tarng Vincent	2101 Beneficial owner
Gatehouse Ventures Limited	2101 Beneficial owner
Liu Zhiwei	2201 Interest of corporation controlled by you
Trenda Group Holdings Limited	2101 Beneficial owner
Chunda International Capital Management Co., Limited	2201 Interest of corporation controlled by you
Tan Jun Wei Ethan	2101 Beneficial owner
Show Achieve Limited	2101 Beneficial owner
Wu Bin	2201 Interest of corporation controlled by you
Ang De Yu	2101 Beneficial owner

Guan Chao Holdings Headlines

No Headlines