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Shenyang Yuanda Intellectual Industry Group Co (SZSE:002689) Long-Term Capital Lease Obligation : ¥6 Mil (As of Sep. 2024)


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What is Shenyang Yuanda Intellectual Industry Group Co Long-Term Capital Lease Obligation?

Shenyang Yuanda Intellectual Industry Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥6 Mil.

Shenyang Yuanda Intellectual Industry Group Co's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (¥4 Mil) to Jun. 2024 (¥3 Mil) but then increased from Jun. 2024 (¥3 Mil) to Sep. 2024 (¥6 Mil).

Shenyang Yuanda Intellectual Industry Group Co's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥0 Mil) but then increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥4 Mil).


Shenyang Yuanda Intellectual Industry Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenyang Yuanda Intellectual Industry Group 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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Shenyang Yuanda Intellectual Industry Group Co Long-Term Capital Lease Obligation Chart

Shenyang Yuanda Intellectual Industry Group 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 - - - - 3.73

Shenyang Yuanda Intellectual Industry Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 3.73 3.81 3.30 5.89

Shenyang Yuanda Intellectual Industry Group Co  (SZSE:002689) 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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Shenyang Yuanda Intellectual Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.27 Development Road, Eco & Tech Dev Zone, Shenyang, Liaoning, CHN, 110027
Shenyang Yuanda Intellectual Industry Group Co Ltd is a specialized company engaged in the designing, manufacturing, installation, and after-sales service of complete elevator products. The company offers passenger elevator, panoramic elevator, bed elevator, freight elevator, escalator, passenger conveyor, home lift and dumbwaiter lift.
Executives
Kang Bao Hua Director
Hou Lian Jun Directors, executives
Duan Wen Yan Supervisors
Chen Guang Wei Executives
Li Zhen Cai Executives
Ma Xuan Zong Directors, executives
Yu Zhi Gang Executives

Shenyang Yuanda Intellectual Industry Group Co Headlines

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