Powerlong Commercial Management Holdings (HKSE:09909) Long-Term Capital Lease Obligation : HK$1,018 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Powerlong Commercial Management Holdings Long-Term Capital Lease Obligation?

Powerlong Commercial Management Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,018 Mil.

Powerlong Commercial Management Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$1,006 Mil) to Jun. 2023 (HK$985 Mil) but then increased from Jun. 2023 (HK$985 Mil) to Dec. 2023 (HK$1,018 Mil).

Powerlong Commercial Management Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$874 Mil) to Dec. 2022 (HK$1,006 Mil) and increased from Dec. 2022 (HK$1,006 Mil) to Dec. 2023 (HK$1,018 Mil).

Powerlong Commercial Management Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Powerlong Commercial Management Holdings'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.

Powerlong Commercial Management Holdings Long-Term Capital Lease Obligation Chart

Powerlong Commercial Management Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

211.97

782.17

874.26

1,006.47

1,018.42

Powerlong Commercial Management Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									874.26	1,055.83	1,006.47	985.16	1,018.42

Powerlong Commercial Management Holdings (HKSE:09909) 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.

Powerlong Commercial Management Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Powerlong Commercial Management Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Powerlong Commercial Management Holdings Ltd (HKSE:09909) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101

Website

http://www.powerlongcm.com

Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.

Executives

Hoi Wa Fong	2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia	2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

Powerlong Commercial Management Holdings (HKSE:09909) Headlines

No Headlines