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Hubei Xingfa Chemicals Group Co (SHSE:600141) Long-Term Capital Lease Obligation : ¥29 Mil (As of Mar. 2025)


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What is Hubei Xingfa Chemicals Group Co Long-Term Capital Lease Obligation?

Hubei Xingfa Chemicals Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥29 Mil.

Hubei Xingfa Chemicals Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥36 Mil) to Dec. 2024 (¥31 Mil) and declined from Dec. 2024 (¥31 Mil) to Mar. 2025 (¥29 Mil).

Hubei Xingfa Chemicals Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥41 Mil) to Dec. 2023 (¥40 Mil) and declined from Dec. 2023 (¥40 Mil) to Dec. 2024 (¥31 Mil).


Hubei Xingfa Chemicals Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hubei Xingfa Chemicals 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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Hubei Xingfa Chemicals Group Co Long-Term Capital Lease Obligation Chart

Hubei Xingfa Chemicals Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.81 50.55 40.64 39.79 30.74

Hubei Xingfa Chemicals Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 39.25 37.65 35.69 30.74 29.27

Hubei Xingfa Chemicals Group Co  (SHSE:600141) 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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Hubei Xingfa Chemicals Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188-9 Yanjiang Avenue, Xingfa Building, Wujia District, Hubei, Yichang City, CHN, 443700
Hubei Xingfa Chemicals Group Co Ltd is engaged in the Mining and sales of phosphate rock, the production and sales of chemical products such as fine phosphates, phosphate fertilizers, organophosphorus pesticides, silicones and electronic chemicals.
Executives
Bao Bo Ying senior management
Hu Kun Yi Director
Lu Ming Qing senior management
Cheng Ya Li Director
Liu Chang senior management
Li Mei Hui Supervisors
Yang Tie Jun senior management
Chen Fang Supervisors
Gong Jun Supervisors
Xie Juan Supervisors
Wang Jie Director
Yuan Bing Director
Shu Long Director
Ni Xiao Shan senior management
Li Shao Ping senior management

Hubei Xingfa Chemicals Group Co Headlines

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