Zhejiang Cayi Vacuum Container Co (SZSE:301004) Long-Term Capital Lease Obligation : ¥12 Mil (As of Mar. 2025)

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What is Zhejiang Cayi Vacuum Container Co Long-Term Capital Lease Obligation?

Zhejiang Cayi Vacuum Container Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥12 Mil.

Zhejiang Cayi Vacuum Container Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥7 Mil) to Dec. 2024 (¥13 Mil) but then declined from Dec. 2024 (¥13 Mil) to Mar. 2025 (¥12 Mil).

Zhejiang Cayi Vacuum Container Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥1 Mil) to Dec. 2023 (¥0 Mil) but then increased from Dec. 2023 (¥0 Mil) to Dec. 2024 (¥13 Mil).

Zhejiang Cayi Vacuum Container Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhejiang Cayi Vacuum Container 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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Zhejiang Cayi Vacuum Container Co Long-Term Capital Lease Obligation Chart

Zhejiang Cayi Vacuum Container Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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0.14

0.13

0.50

0.42

13.24

Zhejiang Cayi Vacuum Container 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															0.32	2.82	7.31	13.24	11.79

Zhejiang Cayi Vacuum Container Co (SZSE:301004) 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.

Zhejiang Cayi Vacuum Container Co Long-Term Capital Lease Obligation Related Terms

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Zhejiang Cayi Vacuum Container Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zhejiang Cayi Vacuum Container Co Ltd (SZSE:301004) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Baiyang Industrial Zone, Economic Development Zone, Zhejiang Province, Wuyi County, Jinhua, CHN, 321200

Website

http://www.cayigroup.com

Zhejiang Cayi Vacuum Container Co Ltd is engaged in the research and development, design, production and sales of various beverage and food containers of different materials.

Executives

Zhu Zhong Ping	Directors, executives
Ma Jing	Director
Hu Ling Hui	Directors, executives
Gu Dai Hua	Directors, executives

Zhejiang Cayi Vacuum Container Co Headlines

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