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Suzhou Kelida Building & Decoration Co (SHSE:603828) Long-Term Capital Lease Obligation : ¥3 Mil (As of Mar. 2025)


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What is Suzhou Kelida Building & Decoration Co Long-Term Capital Lease Obligation?

Suzhou Kelida Building & Decoration Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥3 Mil.

Suzhou Kelida Building & Decoration Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥4 Mil) to Dec. 2024 (¥4 Mil) and declined from Dec. 2024 (¥4 Mil) to Mar. 2025 (¥3 Mil).

Suzhou Kelida Building & Decoration Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥8 Mil) to Dec. 2023 (¥6 Mil) and declined from Dec. 2023 (¥6 Mil) to Dec. 2024 (¥4 Mil).


Suzhou Kelida Building & Decoration Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Suzhou Kelida Building & Decoration 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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Suzhou Kelida Building & Decoration Co Long-Term Capital Lease Obligation Chart

Suzhou Kelida Building & Decoration 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 11.64 12.44 8.19 5.60 3.83

Suzhou Kelida Building & Decoration 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 4.68 4.61 4.45 3.83 3.32

Suzhou Kelida Building & Decoration Co  (SHSE:603828) 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.

Suzhou Kelida Building & Decoration Co Long-Term Capital Lease Obligation Related Terms

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Suzhou Kelida Building & Decoration Co Business Description

Traded in Other Exchanges
N/A
Address
99 Canal Road, High-tech Zone, Suzhou, CHN, 215011
Suzhou Kelida Building & Decoration Co Ltd is a China-based architectural decoration company. It is engaged in the design and construction of building walls and public building decoration works. The Company provides decoration work for airports, performing arts centers, and conference and sports centres.
Executives
Gu Jia Director
He Li Min senior management
Gu Long Di Director
Zhao Xue Rong senior management
Chen Feng Directors, senior managers
Wang Jing Directors, senior managers
Yuan Guo Feng senior management
Xu Xing senior management
Wu De Xuan senior management
Gu Yi Ming Director
Sun Zhen Hua senior management
Lu Chong Ming Directors, senior managers
Jiang Hai Feng senior management
Wang Qiu Lin Director
Wu De Xuan senior management

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