Guangzhou R&F Properties Co (HKSE:02777) Long-Term Capital Lease Obligation : HK$346 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Guangzhou R&F Properties Co Long-Term Capital Lease Obligation?

Guangzhou R&F Properties Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$346 Mil.

Guangzhou R&F Properties Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$442 Mil) to Jun. 2023 (HK$377 Mil) and declined from Jun. 2023 (HK$377 Mil) to Dec. 2023 (HK$346 Mil).

Guangzhou R&F Properties Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$481 Mil) to Dec. 2022 (HK$442 Mil) and declined from Dec. 2022 (HK$442 Mil) to Dec. 2023 (HK$346 Mil).

Guangzhou R&F Properties Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Guangzhou R&F Properties 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.

Guangzhou R&F Properties Co Long-Term Capital Lease Obligation Chart

Guangzhou R&F Properties Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

146.90

536.48

480.66

441.88

345.71

Guangzhou R&F Properties Co 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															480.66	443.71	441.88	376.83	345.71

Guangzhou R&F Properties Co (HKSE:02777) 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.

Guangzhou R&F Properties Co Long-Term Capital Lease Obligation Related Terms

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

Guangzhou R&F Properties Co (HKSE:02777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Guangzhou R&F Properties Co Ltd (HKSE:02777) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

GZUHF:USA G5HA:Germany G5HA:Germany

Address

No. 10 Huaxia Road, 45-54th Floor, R&F Center, Pearl River New Town, Guangzhou, CHN, 510623

Website

https://www.rfchina.com

Guangzhou R&F Properties Co., Ltd. is principally engaged in the development and sale of properties, property investment, hotel operations, as well as the provision other property development related services. The Company operates its business through four segments: Property Development, Property Investment, Hotel Operations and Others. The Company mainly focuses on mass residential property development projects on a variety of scales. The Company operates its business in domestic market and overseas markets.

Guangzhou R&F Properties Co (HKSE:02777) Headlines

No Headlines