Yutong Heavy Industries Co (SHSE:600817) Long-Term Capital Lease Obligation : ¥2 Mil (As of Mar. 2024)

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What is Yutong Heavy Industries Co Long-Term Capital Lease Obligation?

Yutong Heavy Industries Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2 Mil.

Yutong Heavy Industries Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥0 Mil) to Dec. 2023 (¥2 Mil) but then declined from Dec. 2023 (¥2 Mil) to Mar. 2024 (¥2 Mil).

Yutong Heavy Industries Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥0 Mil) and increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥2 Mil).

Yutong Heavy Industries Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Yutong Heavy Industries 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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Yutong Heavy Industries Co Long-Term Capital Lease Obligation Chart

Yutong Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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4.72

0.30

0.35

2.33

Yutong Heavy Industries 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															0.24	0.27	0.17	2.33	1.87

Yutong Heavy Industries Co (SHSE:600817) 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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Yutong Heavy Industries Co (SHSE:600817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yutong Heavy Industries Co Ltd (SHSE:600817) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 86, Poyang Lake Road, 106, 1st Floor, Blue Mountain Mansion, Airport Port, Henan Province, Zhengzhou, CHN, 450000

Website

http://www.yutongzg.com

Yutong Heavy Industries Co Ltd is a large-scale Chinese military and civil engineering machinery, environmental protection, special-purpose vehicle and other products and services professional manufacturing enterprise integrating scientific research and development, manufacturing, sales and services.

Executives

Zhang Zhe	Director
Dai Ling Mei	Directors, senior managers
Wang Dong Xin	Director
Wang Xue Min	Director
Xu Li	Supervisors
Ma Shu Heng	Director
Zhang Xiao Jun	senior management
Hu Feng Ju	senior management
Sun Ke	Supervisors
Meng Qing Yi	Supervisors
Chu Xin Jian	Directors, senior managers
Cao Zhong Yan	Director
Wang Xiao Fei	Director
Cao Jian Wei	Director
Liang Mu Jin	Directors, senior managers

Yutong Heavy Industries Co (SHSE:600817) Headlines

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