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Ziyuanyuan Holdings Group (HKSE:08223) Long-Term Capital Lease Obligation : HK$5.2 Mil (As of Dec. 2023)


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What is Ziyuanyuan Holdings Group Long-Term Capital Lease Obligation?

Ziyuanyuan Holdings Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5.2 Mil.

Ziyuanyuan Holdings Group's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (HK$19.3 Mil) to Sep. 2023 (HK$0.0 Mil) but then increased from Sep. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$5.2 Mil).

Ziyuanyuan Holdings Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$8.5 Mil) to Dec. 2022 (HK$11.9 Mil) but then declined from Dec. 2022 (HK$11.9 Mil) to Dec. 2023 (HK$5.2 Mil).


Ziyuanyuan Holdings Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ziyuanyuan Holdings 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.

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Ziyuanyuan Holdings Group Long-Term Capital Lease Obligation Chart

Ziyuanyuan Holdings Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 12.08 9.16 8.50 11.92 5.18

Ziyuanyuan Holdings Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.92 - 19.26 - 5.18

Ziyuanyuan Holdings Group  (HKSE:08223) 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.

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Ziyuanyuan Holdings Group (HKSE:08223) Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Daxin Road, 10th Floor, Block A, Majialong Innovation Building, Nanshan District, Shenzhen, CHN
Ziyuanyuan Holdings Group Ltd is principally engaged in the provision of medical equipment finance leasing services and maternal and child postpartum care industry services in the PRC. The segments of the group are Finance leasing, Postpartum care service and Trading of medical equipment and consumables. Geographically, it derives revenue from the PRC.
Executives
Hero Global Limited 2101 Beneficial owner
Icon Global Holding Limited 2401 A concert party to an agreement to buy shares
Tang Yiping 2202 Interest of your spouse
Zhang Junshen 2201 Interest of corporation controlled by you
Zhang Junwei 2401 A concert party to an agreement to buy shares

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