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Tianjin Ringpu Bio-Technology Co (SZSE:300119) Long-Term Capital Lease Obligation : ¥6 Mil (As of Mar. 2025)


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What is Tianjin Ringpu Bio-Technology Co Long-Term Capital Lease Obligation?

Tianjin Ringpu Bio-Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥6 Mil.

Tianjin Ringpu Bio-Technology Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥1 Mil) to Dec. 2024 (¥5 Mil) and increased from Dec. 2024 (¥5 Mil) to Mar. 2025 (¥6 Mil).

Tianjin Ringpu Bio-Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥1 Mil) to Dec. 2023 (¥14 Mil) but then declined from Dec. 2023 (¥14 Mil) to Dec. 2024 (¥5 Mil).


Tianjin Ringpu Bio-Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tianjin Ringpu Bio-Technology 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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Tianjin Ringpu Bio-Technology Co Long-Term Capital Lease Obligation Chart

Tianjin Ringpu Bio-Technology 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 56.08 10.60 0.97 14.41 5.25

Tianjin Ringpu Bio-Technology 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 8.84 4.69 0.72 5.25 5.65

Tianjin Ringpu Bio-Technology Co  (SZSE:300119) 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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Tianjin Ringpu Bio-Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.6, Liujing Road, Developing Zone, Tianjin, CHN, 300300
Tianjin Ringpu Bio-Technology Co Ltd is a China-based company. It is engaged in biotechnology and animal medicine, focusing on the national demand for agricultural sustainable development. The company provides products for Poultry; Swine; Pet; Aquatic; and Cattle and Sheep.
Executives
You Yong Jun Executives
Xu Lei Directors, executives
Liang Zhao Ping Executives
Li Shou Jun Directors, executives
Bao En Dong Director
Wang Xing Zhong Securities Affairs Representative
Peng Yu Peng Supervisors
Sun Ming Executives
Liang Wu Directors, executives
Hu Wen Qiang Directors, executives
Xu Jian Securities Affairs Representative
Su Ya La Da Lai Supervisors
Li Xu Dong Directors, executives
Dai Jin Ping Director
Xie Yong Director

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