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Dagang Holding Group Co (SZSE:300103) Long-Term Capital Lease Obligation : ¥0.0 Mil (As of Mar. 2024)


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What is Dagang Holding Group Co Long-Term Capital Lease Obligation?

Dagang Holding Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil.


Dagang Holding Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dagang Holding 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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Dagang Holding Group Co Long-Term Capital Lease Obligation Chart

Dagang Holding Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Dagang Holding Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Dagang Holding Group Co  (SZSE:300103) 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.

Dagang Holding Group Co Long-Term Capital Lease Obligation Related Terms

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Dagang Holding Group Co (SZSE:300103) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Biyuan Third Road, High-tech Zone, Xi'an, Shaanxi Province, Xian, CHN, 710119
Dagang Holding Group Co Ltd is an enterprise specialized in the research and development, manufacture and service of road construction and maintenance machinery and equipment and general contracting of domestic and overseas projects. The company offers pavement maintenance machines, including asphalt pavement maintenance trucks, pavement maintenance vehicles, binding agent spreaders, self-propelled road widening machines, ultrathin asphalt pavers, and crack sealing machines.
Executives
Sun Jian Xi Director
Fu Jian Ping Executives
Wang Yan Supervisors
He Xu Wen Independent director
Zhao Zun Hui Director
Qin Zhi Qiang Executives
Zhu Hong Yan Supervisors
Yang Ya Ping Executives
Wei Er Qi Secretary, Director
Huang Tong Sheng Executives
Wang Rui Securities Affairs Representative
Huang Fu Jian Hong Supervisors
Huang Kun Supervisors
Li Tai Jie Director
Xue Mei Directors, executives

Dagang Holding Group Co (SZSE:300103) Headlines

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