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Changhua Chemical Technology Co (SZSE:301518) Long-Term Capital Lease Obligation : ¥1 Mil (As of Sep. 2024)


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What is Changhua Chemical Technology Co Long-Term Capital Lease Obligation?

Changhua Chemical Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1 Mil.

Changhua Chemical Technology Co's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 (¥0 Mil) to Jun. 2024 (¥0 Mil) and increased from Jun. 2024 (¥0 Mil) to Sep. 2024 (¥1 Mil).

Changhua Chemical Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥1 Mil) but then declined from Dec. 2022 (¥1 Mil) to Dec. 2023 (¥0 Mil).


Changhua Chemical Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Changhua Chemical 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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Changhua Chemical Technology Co Long-Term Capital Lease Obligation Chart

Changhua Chemical Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only - 0.56 - 0.56 0.08

Changhua Chemical Technology Co Quarterly Data
Dec15 Dec16 Jun17 Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.20 0.08 0.24 0.42 0.88

Changhua Chemical Technology Co  (SZSE:301518) 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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Changhua Chemical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 20, Beijing Road, Yangtze River International Chemical Industry Park, Jiangsu, Beijing, CHN, 215632
Changhua Chemical Technology Co Ltd is engaged in research & development, production and sales of polyether products. all kinds of polyether polyol and polymer polyol series products are widely used in home furnishing, automobile and other industries, and provide various polyurethane products and system solutions for downstream partners.
Executives
Gu Qian Directors, executives
Chen Feng Qiu Directors, executives

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