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Jiangsu Guotai International Group Guomao Co (SZSE:002091) Long-Term Capital Lease Obligation : ¥279 Mil (As of Mar. 2024)


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What is Jiangsu Guotai International Group Guomao Co Long-Term Capital Lease Obligation?

Jiangsu Guotai International Group Guomao Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥279 Mil.

Jiangsu Guotai International Group Guomao Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥192 Mil) to Dec. 2023 (¥257 Mil) and increased from Dec. 2023 (¥257 Mil) to Mar. 2024 (¥279 Mil).

Jiangsu Guotai International Group Guomao Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥105 Mil) to Dec. 2022 (¥188 Mil) and increased from Dec. 2022 (¥188 Mil) to Dec. 2023 (¥257 Mil).


Jiangsu Guotai International Group Guomao Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jiangsu Guotai International Group Guomao 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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Jiangsu Guotai International Group Guomao Co Long-Term Capital Lease Obligation Chart

Jiangsu Guotai International Group Guomao Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 90.23 104.54 187.65 257.42

Jiangsu Guotai International Group Guomao 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 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 155.34 177.54 192.36 257.42 279.05

Jiangsu Guotai International Group Guomao Co  (SZSE:002091) 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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Jiangsu Guotai International Group Guomao Co (SZSE:002091) Business Description

Traded in Other Exchanges
N/A
Address
RenMing Road, Jiang Su, 15-24 Floor, Guotai Times Plaza, ZhangJiaGang, CHN, 215600
Jiangsu Guotai International Group Guomao Co Ltd is engaged in the supply chain services, new energy and financial investment, covers import and export trade of consumption goods, E-commerce platform, new materials, new energy, finance and equity investment.
Executives
Zhang Zi Yan Director
Guo Sheng Hu Directors, executives
Yang Ge Executives
Ma Xiao Tian Executives
Wang Xiao Bin Director
Jiang Jian Supervisors
Chen Xiao Dong Director
Guo Jun Executives
Gu Jian Ping Independent director
Tan Qiu Bin Director
Yao Zheng Ya Executives
Huang Ning Executives
Wang Yong Cheng Director
Zhao Ming Supervisors
Wen Zhen Ying Director

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