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ENN Natural Gas Co (SHSE:600803) Long-Term Capital Lease Obligation : ¥350 Mil (As of Jun. 2024)


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What is ENN Natural Gas Co Long-Term Capital Lease Obligation?

ENN Natural Gas Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥350 Mil.

ENN Natural Gas Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (¥362 Mil) to Mar. 2024 (¥343 Mil) but then increased from Mar. 2024 (¥343 Mil) to Jun. 2024 (¥350 Mil).

ENN Natural Gas Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥323 Mil) to Dec. 2022 (¥310 Mil) but then increased from Dec. 2022 (¥310 Mil) to Dec. 2023 (¥362 Mil).


ENN Natural Gas Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for ENN Natural Gas 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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ENN Natural Gas Co Long-Term Capital Lease Obligation Chart

ENN Natural Gas 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 - 361.91 323.25 309.77 362.06

ENN Natural Gas Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 306.68 282.37 362.06 342.72 350.21

ENN Natural Gas Co  (SHSE:600803) 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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ENN Natural Gas Co Business Description

Traded in Other Exchanges
N/A
Address
383 Heping East Road, Hebei, Shijiazhuang, CHN, 050031
ENN Natural Gas Co Ltd formerly known as ENN Ecological Holdings Co Ltd is a natural gas distributor. The company has formed four division namely natural gas sales, integrated energy services, energy trade, and energy transmission and distribution. Its products include natural gas, coal, methanol, Dimethyl ether, Double junction silicon-based thin film solar panel, Ubiquitous energy efficiency platform, and Micro gas turbine.
Executives
Han Ji Shen Director
Liang Hong Yu senior management
Jiang Cheng Hong Director
Zhang Xiao Yang senior management
Yu Jian Chao Director
Zheng Wen Ping senior management
Wang Dong Zhi senior management
Zheng Hong Tao Directors, senior managers
Liu Jian Jun senior management
Zhang Jin Director
Wang Shuo senior management
Huang Bao Guang senior management
Wang Gui Qi senior management
Men Ji Jun senior management
Wang Shi Hong senior management

ENN Natural Gas Co Headlines

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