Shiyue Daotian Group Co (HKSE:09676) Long-Term Capital Lease Obligation : HK$21 Mil (As of Dec. 2023)

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What is Shiyue Daotian Group Co Long-Term Capital Lease Obligation?

Shiyue Daotian Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$21 Mil.

Shiyue Daotian Group Co's quarterly Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$10 Mil) to Dec. 2022 (HK$12 Mil) and increased from Dec. 2022 (HK$12 Mil) to Dec. 2023 (HK$21 Mil).

Shiyue Daotian Group Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$10 Mil) to Dec. 2022 (HK$12 Mil) and increased from Dec. 2022 (HK$12 Mil) to Dec. 2023 (HK$21 Mil).

Shiyue Daotian Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shiyue Daotian Group 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.

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Shiyue Daotian Group Co Long-Term Capital Lease Obligation Chart

Shiyue Daotian Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

9.58

10.29

12.34

21.29

Shiyue Daotian Group Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Long-Term Capital Lease Obligation	9.58	10.29	12.34	21.29

Shiyue Daotian Group Co (HKSE:09676) 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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Shiyue Daotian Group Co (HKSE:09676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiyue Daotian Group Co Ltd (HKSE:09676) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

2nd Floor, Building A, Yisha Wenxin Plaza, Chaoyang, Beijing, CHN

Website

https://www.shiyuedaotian.com

Shiyue Daotian Group Co Ltd is one of China's leading and rapidly growing pantry staple food companies, enjoying a robust multichannel brand presence. It has been dedicated to providing its consumers with pre-packaged premium rice, whole grain, bean, and dried food products.

Executives

Hsg Growth Vi Holdco Y, Ltd.
Shen Nan Peng
Zhou Kui
Snp China Enterprises Limited
Shenzhen Hongshan Yuechen Investment Partnership (limited Partnership)
Shenzhen Hongshan Yuchen Equity Investment Partnership (limited Partnership)
Shenzhen Hongshan Huanyu Investment Consulting Co., Ltd.
Shenzhen Hongshan Hanchen Equity Investment Partnership (limited Partnership)
Shenzhen Hongshan Antai Equity Investment Partnership (limited Partnership)
Hsg Holding Limited
Hsg Growth Vi Management, L.p.
Cheuk Hiu Kwong
Hongshan Capital Growth Fund Vi, L.p.
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Jd.com, Inc.	2201 Interest of corporation controlled by you

Shiyue Daotian Group Co (HKSE:09676) Headlines

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