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China Fangda Group Co (SZSE:200055) Long-Term Capital Lease Obligation : HK$10 Mil (As of Mar. 2025)


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What is China Fangda Group Co Long-Term Capital Lease Obligation?

China Fangda Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was HK$10 Mil.

China Fangda Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (HK$15 Mil) to Dec. 2024 (HK$11 Mil) and declined from Dec. 2024 (HK$11 Mil) to Mar. 2025 (HK$10 Mil).

China Fangda Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$8 Mil) to Dec. 2023 (HK$7 Mil) but then increased from Dec. 2023 (HK$7 Mil) to Dec. 2024 (HK$11 Mil).


China Fangda Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Fangda 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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China Fangda Group Co Long-Term Capital Lease Obligation Chart

China Fangda Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.93 23.45 7.71 7.30 11.37

China Fangda Group 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 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 12.45 13.05 15.38 11.37 10.16

China Fangda Group Co  (SZSE:200055) 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.

China Fangda Group Co Long-Term Capital Lease Obligation Related Terms

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China Fangda Group Co Business Description

Traded in Other Exchanges
Address
Kejinan, 12th Avenue, 20th Floor, High-tech Zone, Hi-tech Park South Zone, Fangda Technology Building, Nanshan District, Shenzhen, CHN, 518057
China Fangda Group Co Ltd along with its subsidiaries is engaged in the production and sales of curtain wall materials, construction curtain walls, assembly and production of subway screen doors, development and operation of real estate projects and also Research and development, installation and sales of PV devices, design and installation of PV power plants. The company reports in five segments: Curtain wall segment, Rail transport segment, Real estate segment, New energy segment, and Others. The majority of the revenue is generated from the Curtain wall segment.

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