Industrial And Commercial Bank Of China (STU:ICK) Long-Term Capital Lease Obligation : €0 Mil (As of Mar. 2025)

View and export this data going back to 2006. Start your Free Trial

What is Industrial And Commercial Bank Of China Long-Term Capital Lease Obligation?

Industrial And Commercial Bank Of China's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €0 Mil.

Industrial And Commercial Bank Of China Long-Term Capital Lease Obligation Historical Data

The historical data trend for Industrial And Commercial Bank Of China'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.

* Premium members only.

Industrial And Commercial Bank Of China Long-Term Capital Lease Obligation Chart

Industrial And Commercial Bank Of China Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Industrial And Commercial Bank Of China 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															-	-	-	-	-

Industrial And Commercial Bank Of China (STU:ICK) 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.

Industrial And Commercial Bank Of China Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Industrial And Commercial Bank Of China's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Industrial And Commercial Bank Of China Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial And Commercial Bank Of China Ltd (STU:ICK) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

IDCBY:USA IDCBF:USA 01398:Hong Kong ICKB:Germany ICK:Germany 601398:China

Address

3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG

Website

https://www.icbc-ltd.com

Industrial and Commercial Bank of China was founded in 1984 and is headquartered in Beijing. The bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Of these, 413 outlets are in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 47%, 40%, and 13% of total revenue, respectively, and 44%, 36%, and 18% of profit before tax in 2023. Overseas banking and other business contributed 12% of total revenue and 9% of profit before tax in 2023.

Industrial And Commercial Bank Of China Headlines

No Headlines