GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Worldunion Group Inc (SZSE:002285) » Definitions » Long-Term Capital Lease Obligation

Shenzhen Worldunion Group (SZSE:002285) Long-Term Capital Lease Obligation : ¥95 Mil (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Shenzhen Worldunion Group Long-Term Capital Lease Obligation?

Shenzhen Worldunion Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥95 Mil.

Shenzhen Worldunion Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥115 Mil) to Dec. 2023 (¥125 Mil) but then declined from Dec. 2023 (¥125 Mil) to Mar. 2024 (¥95 Mil).

Shenzhen Worldunion Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥1,117 Mil) to Dec. 2022 (¥167 Mil) and declined from Dec. 2022 (¥167 Mil) to Dec. 2023 (¥125 Mil).


Shenzhen Worldunion Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen Worldunion Group'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.

Shenzhen Worldunion Group Long-Term Capital Lease Obligation Chart

Shenzhen Worldunion Group 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 - 3,689.66 1,116.80 166.92 124.71

Shenzhen Worldunion Group 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 175.83 166.65 114.62 124.71 95.00

Shenzhen Worldunion Group  (SZSE:002285) 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.

Shenzhen Worldunion Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Shenzhen Worldunion Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Worldunion Group (SZSE:002285) Business Description

Traded in Other Exchanges
N/A
Address
2028 Shennan East Road, 12th Floor, Golden Business Centre, Guangdong, Shenzhen, CHN, 518001
Shenzhen Worldunion Group Inc is a China-based consulting company specialized in the real estate industry. It also provides Consulting, Agency marketing, Financial Services, and Asset services. The company operates mainly within domestic markets.
Executives
Yuan Hong Chang Supervisors
Li Rong Executives
Zhu Min Directors, executives
Ji Ru Jin Supervisors
Fan Ying Directors, executives
Wang Wei Executives
Jiao An Ping Executives
Chen Jin Song Director
Wang Hai Chen Executives
Teng Bai Song Supervisors
Zhou Xiao Hua Director
Wang Zheng Yu Executives
Lin Wei Executives
Mo Tian Quan Director
Xing Bai Jing Executives

Shenzhen Worldunion Group (SZSE:002285) Headlines

No Headlines