Zhongmin Energy Co (SHSE:600163) Long-Term Capital Lease Obligation : ¥121 Mil (As of Mar. 2025)

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What is Zhongmin Energy Co Long-Term Capital Lease Obligation?

Zhongmin Energy Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥121 Mil.

Zhongmin Energy Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥5 Mil) to Dec. 2024 (¥121 Mil) but then declined from Dec. 2024 (¥121 Mil) to Mar. 2025 (¥121 Mil).

Zhongmin Energy Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥6 Mil) to Dec. 2023 (¥5 Mil) but then increased from Dec. 2023 (¥5 Mil) to Dec. 2024 (¥121 Mil).

Zhongmin Energy Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhongmin Energy 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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Zhongmin Energy Co Long-Term Capital Lease Obligation Chart

Zhongmin Energy Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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7.60

4.91

5.64

5.04

120.98

Zhongmin Energy 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															6.00	6.17	5.10	120.98	120.97

Zhongmin Energy Co (SHSE:600163) 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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Zhongmin Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Zhongmin Energy Co Ltd (SHSE:600163) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 210, Wusi Road, 22nd Floor, International Building, Fujian Province, Fuzhou, CHN, 3500003

Website

http://www.zhongminenergy.com

Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.

Executives

Tang Hui	Director
Chen You Si	Supervisors
Wen Tian Gen	Supervisors
Huang Guo Ying	Director
Wang Tian Shou	Supervisors
Lin Xiao Bang	Director
Tang Fu Min	Director
Chen Shou Qin	Director

Zhongmin Energy Co Headlines

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