GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Xinjiang Baihuacun Pharam Tech Co Ltd (SHSE:600721) » Definitions » Long-Term Capital Lease Obligation

Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Long-Term Capital Lease Obligation : ¥1.4 Mil (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Xinjiang Baihuacun Pharam Tech Co Long-Term Capital Lease Obligation?

Xinjiang Baihuacun Pharam Tech Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.4 Mil.

Xinjiang Baihuacun Pharam Tech Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥1.2 Mil) to Dec. 2023 (¥1.1 Mil) but then increased from Dec. 2023 (¥1.1 Mil) to Mar. 2024 (¥1.4 Mil).

Xinjiang Baihuacun Pharam Tech Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥1.8 Mil) but then declined from Dec. 2022 (¥1.8 Mil) to Dec. 2023 (¥1.1 Mil).


Xinjiang Baihuacun Pharam Tech Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Xinjiang Baihuacun Pharam Tech 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.

* Premium members only.

Xinjiang Baihuacun Pharam Tech Co Long-Term Capital Lease Obligation Chart

Xinjiang Baihuacun Pharam Tech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.82 1.13

Xinjiang Baihuacun Pharam Tech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.31 1.75 1.17 1.13 1.40

Xinjiang Baihuacun Pharam Tech Co  (SHSE:600721) 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.

Xinjiang Baihuacun Pharam Tech Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Xinjiang Baihuacun Pharam Tech Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Business Description

Traded in Other Exchanges
N/A
Address
No. 141 Zhongshan Road, Urumqi, Xinjiang, CHN, 830002
Xinjiang Baihuacun Co Ltd is engaged in energy development, information products and digital imaging technology, as well as the operation of restaurants.
Executives
Xia Yan Director
Cai Zi Yun Directors, senior managers
Lv Zheng Tian Director
Zheng Cai Hong Director
Zhao Qin Qin senior management
Li Na Supervisors
Wang Qing Hui Director
Huang Hui Director
Tian Ping Director
Zhang Xiao Qing Director
Zhang Jun senior management
Hou Tie Jun Director

Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Headlines

No Headlines