Bengang Steel Plates Co (SZSE:200761) Long-Term Capital Lease Obligation : HK$1,743 Mil (As of Mar. 2025)

View and export this data going back to 1997. Start your Free Trial

What is Bengang Steel Plates Co Long-Term Capital Lease Obligation?

Bengang Steel Plates Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was HK$1,743 Mil.

Bengang Steel Plates Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (HK$1,727 Mil) to Dec. 2024 (HK$1,744 Mil) but then declined from Dec. 2024 (HK$1,744 Mil) to Mar. 2025 (HK$1,743 Mil).

Bengang Steel Plates Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$1,546 Mil) to Dec. 2023 (HK$1,468 Mil) but then increased from Dec. 2023 (HK$1,468 Mil) to Dec. 2024 (HK$1,744 Mil).

Bengang Steel Plates Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bengang Steel Plates 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.

* Premium members only.

Bengang Steel Plates Co Long-Term Capital Lease Obligation Chart

Bengang Steel Plates 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

1,734.82

1,744.46

1,545.92

1,468.32

1,744.48

Bengang Steel Plates 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															1,446.55	1,699.52	1,727.05	1,744.48	1,742.78

Bengang Steel Plates Co (SZSE:200761) 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.

Bengang Steel Plates Co Long-Term Capital Lease Obligation Related Terms

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

Bengang Steel Plates Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bengang Steel Plates Co Ltd (SZSE:200761) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

000761:China

Address

No.16, Renmin Road, Pingshan District, Liaoning Province, Benxi, CHN, 117000

Website

http://www.bxsteel.com

Bengang Steel Plates Co Ltd is an iron and steel smelting company. Its products are applied in automobiles, household appliances, petrochemical engineering, machine manufacturing, energy transportation, architectural decoration, metal parts, and various other industries and are exported to more than 60 countries and regions.

Bengang Steel Plates Co Headlines

No Headlines