Zhongyeda Electric Co (SZSE:002441) Long-Term Capital Lease Obligation : ¥7 Mil (As of Mar. 2025)

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What is Zhongyeda Electric Co Long-Term Capital Lease Obligation?

Zhongyeda Electric Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥7 Mil.

Zhongyeda Electric Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥2 Mil) to Dec. 2024 (¥7 Mil) but then stayed the same from Dec. 2024 (¥7 Mil) to Mar. 2025 (¥7 Mil).

Zhongyeda Electric Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥6 Mil) to Dec. 2023 (¥2 Mil) but then increased from Dec. 2023 (¥2 Mil) to Dec. 2024 (¥7 Mil).

Zhongyeda Electric Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhongyeda Electric 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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Zhongyeda Electric Co Long-Term Capital Lease Obligation Chart

Zhongyeda Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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10.02

11.00

5.74

2.30

7.48

Zhongyeda Electric 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															2.30	2.30	2.30	7.48	7.48

Zhongyeda Electric Co (SZSE:002441) 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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Zhongyeda Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhongyeda Electric Co Ltd (SZSE:002441) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

No.62, Hengshan Road, Longhu District, Guangdong Province, Shantou, CHN, 515041

Website

http://www.zyd.cn

Zhongyeda Electric Co Ltd is a distributor of industrial electrical products. The company's main business is the distribution of industrial electrical component products of contracted suppliers through its own sales network, as well as the production and sales of system integration products and complete manufacturing products. Its products include low-voltage electrical products, medium voltage electrical products, industrial control products and others.

Executives

Yang Song	Directors, executives
Wang Bao Yu	Directors, executives
Lin Jing	Supervisors
Chen Dai Ai	Supervisors
Li Xiao Yong	Director
Wu Kai Xian	Directors, executives
Zhang Ying	Supervisors
Ke Ni Xiang	Executives
Wang Zong Cheng	Director
Wang Pei Qing	Executives

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