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Jiumaojiu International Holdings (STU:3YU) Long-Term Capital Lease Obligation : €207.5 Mil (As of Dec. 2024)


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What is Jiumaojiu International Holdings Long-Term Capital Lease Obligation?

Jiumaojiu International Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €207.5 Mil.

Jiumaojiu International Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (€198.4 Mil) to Jun. 2024 (€206.7 Mil) and increased from Jun. 2024 (€206.7 Mil) to Dec. 2024 (€207.5 Mil).

Jiumaojiu International Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (€163.5 Mil) to Dec. 2023 (€198.4 Mil) and increased from Dec. 2023 (€198.4 Mil) to Dec. 2024 (€207.5 Mil).


Jiumaojiu International Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jiumaojiu International Holdings'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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Jiumaojiu International Holdings Long-Term Capital Lease Obligation Chart

Jiumaojiu International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 121.55 154.80 163.49 198.43 207.45

Jiumaojiu International Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 163.49 171.26 198.43 206.71 207.45

Jiumaojiu International Holdings  (STU:3YU) 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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Jiumaojiu International Holdings Business Description

Traded in Other Exchanges
Address
4 Zhujiang East Road, Zhujiang Street, Unit 202 Building 2, Jiucheng Technology Innovation Center, Nansha District, Guangzhou, CHN
Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 600 outlets in China at the end of 2024 and is frequented particularly by the post-1990s generation.Other key concepts include the namesake brand Jiu Mao Jiu (71 units) and Song Hotpot (80 outlets). The company's portfolio also features other brands such as Lai Mei Li (Chinese grilled fish) and Shanwaimian (Guizhou Hotpot). A large majority of Jiumaojiu's restaurants are company-owned, though the company is currently piloting a franchising business model.

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