GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Befar Group Co Ltd (SHSE:601678) » Definitions » Long-Term Capital Lease Obligation

Befar Group Co (SHSE:601678) Long-Term Capital Lease Obligation : ¥249 Mil (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Befar Group Co Long-Term Capital Lease Obligation?

Befar Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥249 Mil.

Befar Group Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥16 Mil) to Dec. 2024 (¥245 Mil) and increased from Dec. 2024 (¥245 Mil) to Mar. 2025 (¥249 Mil).

Befar Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥132 Mil) to Dec. 2023 (¥25 Mil) but then increased from Dec. 2023 (¥25 Mil) to Dec. 2024 (¥245 Mil).


Befar Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Befar Group 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.

Befar Group Co Long-Term Capital Lease Obligation Chart

Befar Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 131.83 24.74 244.90

Befar Group 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 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 20.22 16.51 16.32 244.90 248.86

Befar Group Co  (SHSE:601678) 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.

Befar Group Co Long-Term Capital Lease Obligation Related Terms

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


Befar Group Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.869, Huanghe 5th Road, Shandong Province, Binzhou, CHN, 256619
Befar Group Co Ltd is a China-based chemical company. It is engaged in the business of producing, processing and selling organic and inorganic chemical products. The company's product portfolio includes propylene-oxide, food additives, industrial hydrochloric acid, vinyl chloride, polymer polyol, reagent hydrochloric acid, crude oil emulsifier, and other products. Its industrial chain covers petrochemical, salt chemical, fine chemical, thermal power, port warehousing, financing and others. The company's products are sold in China and other international countries.
Executives
Wang Shu Hua Director
Yu Jiang Directors, senior managers
Ren Yuan Bin senior management
Kong Xiang Jin senior management
Liu Hong An senior management
Yan Jin Fu Supervisors
Wang Li Ming Director
Xu Feng Jiu senior management
Yang Zhen Jun senior management
Jin Jian Quan Supervisors
Zhang Zhong Zheng Director
Zhao Hong Xing senior management
Chu Zhao Sheng Director
Shi Qin Ling Director
Liu Bao Gang senior management

Befar Group Co Headlines

No Headlines