GCL Energy Technology Co (SZSE:002015) Long-Term Capital Lease Obligation : ¥1,803 Mil (As of Mar. 2025)

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What is GCL Energy Technology Co Long-Term Capital Lease Obligation?

GCL Energy Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1,803 Mil.

GCL Energy Technology Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥2,141 Mil) to Dec. 2024 (¥1,462 Mil) but then increased from Dec. 2024 (¥1,462 Mil) to Mar. 2025 (¥1,803 Mil).

GCL Energy Technology Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥1,905 Mil) to Dec. 2023 (¥1,618 Mil) and declined from Dec. 2023 (¥1,618 Mil) to Dec. 2024 (¥1,462 Mil).

GCL Energy Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for GCL Energy 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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GCL Energy Technology Co Long-Term Capital Lease Obligation Chart

GCL Energy Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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4,027.25

3,621.98

1,904.71

1,617.96

1,461.68

GCL Energy 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															1,980.50	1,596.73	2,140.82	1,461.68	1,802.73

GCL Energy Technology Co (SZSE:002015) 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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GCL Energy Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » GCL Energy Technology Co Ltd (SZSE:002015) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No. 7, Mazhen East Street, Xuxiake Town, Jiangsu Province, Jiangyin, CHN, 215000

Website

http://www.gcl-et.com

GCL Energy Technology Co Ltd is a mobile energy service provider in China. The group focuses on three major businesses namely integrated solutions for battery swapping stations, battery swapping station operation and energy services, and battery cascade utilization to create an efficient, economical and green travel ecology.

Executives

Chu Jian Jian	Director
Deng Bing	Directors, executives
Chen Jian Zhong	Directors, executives
Wu Yu Xing	Executives
Sun Yin Long	Director
Fan Wen Hua	Supervisors

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