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Sichuan Biokin Pharmaceutical Co (SHSE:688506) Long-Term Capital Lease Obligation : ¥14 Mil (As of Sep. 2024)


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What is Sichuan Biokin Pharmaceutical Co Long-Term Capital Lease Obligation?

Sichuan Biokin Pharmaceutical Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥14 Mil.

Sichuan Biokin Pharmaceutical Co's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 (¥3 Mil) to Jun. 2024 (¥16 Mil) but then declined from Jun. 2024 (¥16 Mil) to Sep. 2024 (¥14 Mil).

Sichuan Biokin Pharmaceutical Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥9 Mil) to Dec. 2022 (¥6 Mil) and declined from Dec. 2022 (¥6 Mil) to Dec. 2023 (¥1 Mil).


Sichuan Biokin Pharmaceutical Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sichuan Biokin Pharmaceutical 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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Sichuan Biokin Pharmaceutical Co Long-Term Capital Lease Obligation Chart

Sichuan Biokin Pharmaceutical Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.22 8.97 5.72 1.02

Sichuan Biokin Pharmaceutical Co Quarterly Data
Dec13 Dec14 Jun15 Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.12 1.02 3.41 15.75 14.29

Sichuan Biokin Pharmaceutical Co  (SHSE:688506) 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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Sichuan Biokin Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 161, Baili Road, No. 1, Building 1, Cross-strait Science and Technology Industrial Park, Wenjiang District, Sichuan Province, Chengdu, CHN, 611130
Sichuan Biokin Pharmaceutical Co Ltd is a chemical drug and biological drug-based company that integrates drug research and development, production and marketing.
Executives
Zhu Yi Directors, senior managers

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