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Hangzhou Minsheng Healthcare Co (SZSE:301507) Long-Term Capital Lease Obligation : ¥0.4 Mil (As of Mar. 2025)


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What is Hangzhou Minsheng Healthcare Co Long-Term Capital Lease Obligation?

Hangzhou Minsheng Healthcare Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0.4 Mil.

Hangzhou Minsheng Healthcare Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥0.3 Mil) to Dec. 2024 (¥0.0 Mil) but then increased from Dec. 2024 (¥0.0 Mil) to Mar. 2025 (¥0.4 Mil).

Hangzhou Minsheng Healthcare Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥2.1 Mil) to Dec. 2023 (¥1.1 Mil) and declined from Dec. 2023 (¥1.1 Mil) to Dec. 2024 (¥0.0 Mil).


Hangzhou Minsheng Healthcare Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hangzhou Minsheng Healthcare 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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Hangzhou Minsheng Healthcare Co Long-Term Capital Lease Obligation Chart

Hangzhou Minsheng Healthcare Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 3.39 2.60 2.07 1.09 -

Hangzhou Minsheng Healthcare Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 0.84 0.53 0.27 - 0.44

Hangzhou Minsheng Healthcare Co  (SZSE:301507) 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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Hangzhou Minsheng Healthcare Co Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Xintian Road, Donghu Street, Linping, Zhejiang, Hangzhou, CHN, 311100
Hangzhou Minsheng Healthcare Co Ltd focuses on the field of vitamin and mineral supplements and is a high-tech enterprise integrating research and development, production and sales of vitamin and mineral over-the-counter drugs and health food. The company's current main product is 21 Golden Vita multi-dimensional element tablets (21).

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