Aotecar New Energy Technology Co (SZSE:002239) Long-Term Capital Lease Obligation : ¥69 Mil (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

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

Aotecar New Energy Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥69 Mil.

Aotecar New Energy Technology Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥78 Mil) to Dec. 2023 (¥66 Mil) but then increased from Dec. 2023 (¥66 Mil) to Mar. 2024 (¥69 Mil).

Aotecar New Energy Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥68 Mil) to Dec. 2022 (¥88 Mil) but then declined from Dec. 2022 (¥88 Mil) to Dec. 2023 (¥66 Mil).

Aotecar New Energy Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Aotecar New 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.

* Premium members only.

Aotecar New Energy Technology Co Long-Term Capital Lease Obligation Chart

Aotecar New Energy Technology 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

6.29

67.75

87.97

65.70

Aotecar New Energy Technology 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															90.45	78.04	78.04	65.70	69.50

Aotecar New Energy Technology Co (SZSE:002239) 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.

Aotecar New Energy Technology Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Aotecar New Energy Technology Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Aotecar New Energy Technology Co (SZSE:002239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aotecar New Energy Technology Co Ltd (SZSE:002239) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 66 Wenchang Road, High-tech Industrial Development Zone, Jiangsu Province, Nantong, CHN, 226300

Website

http://www.aotecar.com

Aotecar New Energy Technology Co Ltd is engaged in automotive thermal management system technology development, product production and sales. It offers automotive air conditioning compressors, automotive air conditioning systems, and engines. The company's main products include automotive air-conditioning compressors, automotive air-conditioning systems and related technical solutions.

Executives

Ding Tao	Directors, executives
Liu De Wang	Director
Zhou Jian Guo	Directors, executives
Rao Bing Xiao	Executives
Xu Bo Yuan	Supervisors
Zheng Wei Long	Directors, executives
Wang Yan Yan	Director
Wang Qiang	Director
Shi Yu	Securities Affairs Representative
Yu Liang Hua	Directors, executives
Yao Jian	Executives
Zhuang Hong Zhuan	Directors, executives
Zhao Qing	Director

Aotecar New Energy Technology Co (SZSE:002239) Headlines

No Headlines