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Cofco Biotechnology Co (SZSE:000930) Long-Term Capital Lease Obligation : ¥180 Mil (As of Mar. 2025)


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What is Cofco Biotechnology Co Long-Term Capital Lease Obligation?

Cofco Biotechnology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥180 Mil.

Cofco Biotechnology Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥189 Mil) to Dec. 2024 (¥177 Mil) but then increased from Dec. 2024 (¥177 Mil) to Mar. 2025 (¥180 Mil).

Cofco Biotechnology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥106 Mil) to Dec. 2023 (¥197 Mil) but then declined from Dec. 2023 (¥197 Mil) to Dec. 2024 (¥177 Mil).


Cofco Biotechnology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cofco Biotechnology 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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Cofco Biotechnology Co Long-Term Capital Lease Obligation Chart

Cofco Biotechnology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.73 117.30 105.63 196.64 177.11

Cofco Biotechnology 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 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 194.97 193.17 189.49 177.11 179.72

Cofco Biotechnology Co  (SZSE:000930) 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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Cofco Biotechnology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jianguomen Nei Avenue, 7th Floor, Tower A, COFCO Plaza, Dongcheng District, Beijing, CHN, 100005
Cofco Biotechnology Co Ltd is an agricultural product processing enterprises in China. Its products include fuel ethanol, citric acid, L-lactic acid, ethylene oxide, amino acids, fats, fruit juice, and gluten meal, Fuel ethanol, organic fertilizer and others.
Executives
Zhang De Guo Directors, executives
Wang Yu Executives
Pan Xi Chun Secretary Dong
Tong Yi Director
Sun Deng Bao Executives
Li Bei Directors, executives
Xia Ling He Director
Zou Pei Jun Executives
Wang De Wen Executives
Yue Guo Jun Director
Shi Gong Zhi Executives
Cai Qi Hai Executives

Cofco Biotechnology Co Headlines

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