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Wuhan Easy Diagnosis Biomedicine Co (SZSE:002932) Long-Term Capital Lease Obligation : ¥17.8 Mil (As of Mar. 2024)


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What is Wuhan Easy Diagnosis Biomedicine Co Long-Term Capital Lease Obligation?

Wuhan Easy Diagnosis Biomedicine Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥17.8 Mil.

Wuhan Easy Diagnosis Biomedicine Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥30.3 Mil) to Dec. 2023 (¥18.3 Mil) and declined from Dec. 2023 (¥18.3 Mil) to Mar. 2024 (¥17.8 Mil).

Wuhan Easy Diagnosis Biomedicine Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥10.7 Mil) to Dec. 2022 (¥20.8 Mil) but then declined from Dec. 2022 (¥20.8 Mil) to Dec. 2023 (¥18.3 Mil).


Wuhan Easy Diagnosis Biomedicine Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wuhan Easy Diagnosis Biomedicine 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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Wuhan Easy Diagnosis Biomedicine Co Long-Term Capital Lease Obligation Chart

Wuhan Easy Diagnosis Biomedicine 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 - 5.37 10.74 20.75 18.25

Wuhan Easy Diagnosis Biomedicine 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 25.95 21.04 30.30 18.25 17.81

Wuhan Easy Diagnosis Biomedicine Co  (SZSE:002932) 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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Wuhan Easy Diagnosis Biomedicine Co (SZSE:002932) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Dongxin Road, 2 Floor, Building E, International Students Pioneer Park, Guandong Science and Technology Park, Donghu Development Zone, Hubei, Wuhan, CHN, 430075
Wuhan Easy Diagnosis Biomedicine Co Ltd is engaged in the research and development, production and sales of in vitro diagnostic reagents and supporting instruments and mobile ECG products. The company's product profile consists of Molecular diagnosis, Chemiluminescence, Blood gas analysis, and others. It also provides various other solutions such as Mingde Biomolecular Diagnostic Service Solution, Mingde Biothoracic Center Solution, POCT Solution, Remote ECG network construction solution, and others.
Executives
Wang Rui Directors, executives
Wang Jian Fei Director

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