Shanghai Material Trading Co (SHSE:600822) Long-Term Capital Lease Obligation : ¥111 Mil (As of Mar. 2025)

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What is Shanghai Material Trading Co Long-Term Capital Lease Obligation?

Shanghai Material Trading Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥111 Mil.

Shanghai Material Trading Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥138 Mil) to Dec. 2024 (¥110 Mil) but then increased from Dec. 2024 (¥110 Mil) to Mar. 2025 (¥111 Mil).

Shanghai Material Trading Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥134 Mil) to Dec. 2023 (¥109 Mil) but then increased from Dec. 2023 (¥109 Mil) to Dec. 2024 (¥110 Mil).

Shanghai Material Trading Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shanghai Material Trading 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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Shanghai Material Trading Co Long-Term Capital Lease Obligation Chart

Shanghai Material Trading Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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8.90

177.02

133.92

109.46

109.58

Shanghai Material Trading 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															139.83	139.46	138.21	109.58	110.73

Shanghai Material Trading Co (SHSE:600822) 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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Shanghai Material Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanghai Material Trading Co Ltd (SHSE:600822) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

900927:China

Address

No. 325 South Suzhou Road, 4th Floor, Shanghai, Shanghai, CHN, 200002

Website

http://www.600822sh.com

Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.

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