Beijing Hualian Department Store Co (SZSE:000882) Long-Term Capital Lease Obligation : ¥2,259 Mil (As of Mar. 2024)

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What is Beijing Hualian Department Store Co Long-Term Capital Lease Obligation?

Beijing Hualian Department Store Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,259 Mil.

Beijing Hualian Department Store Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥2,389 Mil) to Dec. 2023 (¥2,313 Mil) and declined from Dec. 2023 (¥2,313 Mil) to Mar. 2024 (¥2,259 Mil).

Beijing Hualian Department Store Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥2,821 Mil) to Dec. 2022 (¥2,545 Mil) and declined from Dec. 2022 (¥2,545 Mil) to Dec. 2023 (¥2,313 Mil).

Beijing Hualian Department Store Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Beijing Hualian Department Store 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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Beijing Hualian Department Store Co Long-Term Capital Lease Obligation Chart

Beijing Hualian Department Store Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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2,908.25

2,820.51

2,544.87

2,312.67

Beijing Hualian Department Store Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,514.22	2,426.91	2,388.83	2,312.67	2,259.43

Beijing Hualian Department Store Co (SZSE:000882) 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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Beijing Hualian Department Store Co (SZSE:000882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Beijing Hualian Department Store Co Ltd (SZSE:000882) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No.1, Yongkai Road, ongle Economic and Technological Development Zone, Tongzhou District, Beijing, CHN, 100037

Website

http://www.beijing-hualian.com

Beijing Hualian Department Store Co Ltd is engaged in the operation and management of shopping centers and cinemas. Geographically the activities are carried out in China.

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