GuangDong Leary New Material Technology Co (SHSE:688683) Long-Term Capital Lease Obligation : ¥0.0 Mil (As of Mar. 2025)

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What is GuangDong Leary New Material Technology Co Long-Term Capital Lease Obligation?

GuangDong Leary New Material Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0.0 Mil.

GuangDong Leary New Material Technology Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥0.6 Mil) to Dec. 2023 (¥0.0 Mil) but then stayed the same from Dec. 2023 (¥0.0 Mil) to Dec. 2024 (¥0.0 Mil).

GuangDong Leary New Material Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for GuangDong Leary New Material Technology 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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GuangDong Leary New Material Technology Co Long-Term Capital Lease Obligation Chart

GuangDong Leary New Material Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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18.92

19.21

0.58

GuangDong Leary New Material Technology 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															-	-	-	-	-

GuangDong Leary New Material Technology Co (SHSE:688683) 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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GuangDong Leary New Material Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » GuangDong Leary New Material Technology Co Ltd (SHSE:688683) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Beishui Industrial Zone, Bai'an Road, Xingtan Town, Shunde District, Guangdong Province, Foshan, CHN, 528325

Website

https://www.leary.com.cn

GuangDong Leary New Material Technology Co Ltd is engaged in the research and development, production and sales of functional coating film materials and downstream application products.

Executives

Gong Wei Quan	Director
Fan Xiao Ping	Director
Liang Yun Xiang	senior management
Zhou Song Hua	Director
Wu Jin Tu	Director
Gong Wei Quan	Director
Wu Zhong Qian	Director
Nie Zhi Jin	senior management

GuangDong Leary New Material Technology Co Headlines

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