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Zhejiang United Investment Holdings Group (HKSE:08366) Long-Term Capital Lease Obligation : HK$0.0 Mil (As of Oct. 2023)


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What is Zhejiang United Investment Holdings Group Long-Term Capital Lease Obligation?

Zhejiang United Investment Holdings Group's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$0.0 Mil.


Zhejiang United Investment Holdings Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhejiang United Investment 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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Zhejiang United Investment Holdings Group Long-Term Capital Lease Obligation Chart

Zhejiang United Investment Holdings Group Annual Data
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Long-Term Capital Lease Obligation
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Zhejiang United Investment Holdings Group Quarterly Data
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Zhejiang United Investment Holdings Group  (HKSE:08366) 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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Zhejiang United Investment Holdings Group (HKSE:08366) Business Description

Traded in Other Exchanges
N/A
Address
489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG
Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise of the general construction of buildings.
Executives
Zhang Yan 2101 Beneficial owner
Albert Yeung Capital Holdings Limited 2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag 2301 Trustee
Emperor Capital Group Limited 2201 Interest of corporation controlled by you
Emperor Securities Limited 2101 Beneficial owner
Luk Siu Man, Semon 2202 Interest of your spouse
Yeung Sau Shing, Albert 2307 Founder of a discretionary trust who can infl
Zhang Yan 2101 Beneficial owner
United Financial Holdings Group Limited 2101 Beneficial owner
Zhou Ying 2201 Interest of corporation controlled by you
Century Investment Holdings Limited 2201 Interest of corporation controlled by you

Zhejiang United Investment Holdings Group (HKSE:08366) Headlines

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