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Zhenjiang Dongfang Electric Heating Technology Co (SZSE:300217) Long-Term Capital Lease Obligation : ¥3 Mil (As of Mar. 2025)


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What is Zhenjiang Dongfang Electric Heating Technology Co Long-Term Capital Lease Obligation?

Zhenjiang Dongfang Electric Heating Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥3 Mil.

Zhenjiang Dongfang Electric Heating Technology Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥2 Mil) to Dec. 2024 (¥2 Mil) and increased from Dec. 2024 (¥2 Mil) to Mar. 2025 (¥3 Mil).

Zhenjiang Dongfang Electric Heating Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥1 Mil) to Dec. 2023 (¥2 Mil) and increased from Dec. 2023 (¥2 Mil) to Dec. 2024 (¥2 Mil).


Zhenjiang Dongfang Electric Heating Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhenjiang Dongfang Electric Heating 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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Zhenjiang Dongfang Electric Heating Technology Co Long-Term Capital Lease Obligation Chart

Zhenjiang Dongfang Electric Heating 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 1.77 2.56 1.09 2.27 2.40

Zhenjiang Dongfang Electric Heating 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 2.01 2.02 1.75 2.40 2.97

Zhenjiang Dongfang Electric Heating Technology Co  (SZSE:300217) 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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Zhenjiang Dongfang Electric Heating Technology Co Business Description

Traded in Other Exchanges
N/A
Address
18 Wufengshan Road, Dagang, Zhenjiang New District, Jiangsu Province, Zhenjiang, CHN, 212132
Zhenjiang Dongfang Electric Heating Technology Co Ltd is a design and manufacturing company of high-performance electric heater types which include metal tubular electric heaters, stainless steel finned heaters and PTC heater metal.
Executives
Tan Wei Directors, executives
Tan Ke Director
Tan Rong Sheng Director
Jie Juan Executives
Wei Xiu Ping Executives
Jie Zhong Executives
Luo Yue Fen Executives
Leng Quan Fang Executives
Wang Hong Director
Zhao Hai Lin Supervisors
Xu Da Fang Director
Wang Shou Pei Executives
Leng Yin Hao Supervisors

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