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Liaoning Port Co (SHSE:601880) Long-Term Capital Lease Obligation : ¥4,949 Mil (As of Mar. 2024)


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What is Liaoning Port Co Long-Term Capital Lease Obligation?

Liaoning Port Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,949 Mil.

Liaoning Port Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥5,003 Mil) to Dec. 2023 (¥4,967 Mil) and declined from Dec. 2023 (¥4,967 Mil) to Mar. 2024 (¥4,949 Mil).

Liaoning Port Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥4,479 Mil) to Dec. 2022 (¥5,117 Mil) but then declined from Dec. 2022 (¥5,117 Mil) to Dec. 2023 (¥4,967 Mil).


Liaoning Port Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Liaoning Port 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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Liaoning Port Co Long-Term Capital Lease Obligation Chart

Liaoning Port 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 3,132.44 6,557.29 4,479.12 5,117.19 4,966.74

Liaoning Port 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 5,078.59 5,043.37 5,003.40 4,966.74 4,949.44

Liaoning Port Co  (SHSE:601880) 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.

Liaoning Port Co Long-Term Capital Lease Obligation Related Terms

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Liaoning Port Co (SHSE:601880) Business Description

Industry
Traded in Other Exchanges
Address
Xingang Commercial Building, Dalian Free Trade Zone, Dayao Bay, Liaoning Province, Dalian, CHN, 116600
Liaoning Port Co Ltd is a China-based company providing port and logistics services. It operates in seven segments: Oil/liquefied chemicals terminal and related logistics services; Container terminal and related logistics services; Bulk and general cargo terminal and related logistics services; Bulk grain terminal and related logistics services; Passenger and roll-on, roll-off terminal and related logistics services; Port value-added and ancillary services; and Automobile terminal and related logistics services.
Executives
Dong Yan Hong Director

Liaoning Port Co (SHSE:601880) Headlines

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