Shanghai Chicmax Cosmetic Co (HKSE:02145) Long-Term Capital Lease Obligation : HK$39 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Shanghai Chicmax Cosmetic Co Long-Term Capital Lease Obligation?

Shanghai Chicmax Cosmetic Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$39 Mil.

Shanghai Chicmax Cosmetic Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$57 Mil) to Jun. 2023 (HK$44 Mil) and declined from Jun. 2023 (HK$44 Mil) to Dec. 2023 (HK$39 Mil).

Shanghai Chicmax Cosmetic Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$89 Mil) to Dec. 2022 (HK$57 Mil) and declined from Dec. 2022 (HK$57 Mil) to Dec. 2023 (HK$39 Mil).

Shanghai Chicmax Cosmetic Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shanghai Chicmax Cosmetic Co'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.

Shanghai Chicmax Cosmetic Co Long-Term Capital Lease Obligation Chart

Shanghai Chicmax Cosmetic Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

117.22

104.09

89.48

56.88

39.16

Shanghai Chicmax Cosmetic Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			89.48	70.77	56.88	43.86	39.16

Shanghai Chicmax Cosmetic Co (HKSE:02145) 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.

Shanghai Chicmax Cosmetic Co Long-Term Capital Lease Obligation Related Terms

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

Shanghai Chicmax Cosmetic Co (HKSE:02145) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Chicmax Cosmetic Co Ltd (HKSE:02145) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3300 Zhongshan North Road, 25 Floor, Building B, Putuo District, Shanghai, CHN

Website

http://www.chicmaxgroup.com

Shanghai Chicmax Cosmetic Co Ltd is a China-based multi-brand cosmetics company mainly engaged in the research, development, production, and sales of skincare and maternity and childcare products. It offers a wide range of cosmetics products under various brands, primarily including KANS, One Leaf, and Baby Elephant. The company's products include skin care products, maternal and childcare products, toiletries, and others. The company also operates brands such as BIO-G, KYOCA, ARMIYO, TAZU, and others.

Executives

Lyu Yixiong	2201 Interest of corporation controlled by you
Shanghai Hongyin Investment Co., Ltd.	2101 Beneficial owner
Shanghai Nanyin Investment Co., Ltd.	2101 Beneficial owner
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
China International Capital Corporation (international) Limited	2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited	2105 Underwriter

Shanghai Chicmax Cosmetic Co (HKSE:02145) Headlines

No Headlines