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China Metal Products Co (TPE:1532) Long-Term Capital Lease Obligation : NT$1,248 Mil (As of Mar. 2024)


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What is China Metal Products Co Long-Term Capital Lease Obligation?

China Metal Products Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,248 Mil.

China Metal Products Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (NT$1,336 Mil) to Dec. 2023 (NT$1,295 Mil) and declined from Dec. 2023 (NT$1,295 Mil) to Mar. 2024 (NT$1,248 Mil).

China Metal Products Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (NT$1,649 Mil) to Dec. 2022 (NT$1,479 Mil) and declined from Dec. 2022 (NT$1,479 Mil) to Dec. 2023 (NT$1,295 Mil).


China Metal Products Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Metal Products 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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China Metal Products Co Long-Term Capital Lease Obligation Chart

China Metal Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,991.67 1,812.22 1,649.20 1,479.11 1,294.89

China Metal Products Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,429.92 1,384.02 1,335.51 1,294.89 1,247.78

China Metal Products Co  (TPE:1532) 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.

China Metal Products Co Long-Term Capital Lease Obligation Related Terms

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China Metal Products Co (TPE:1532) Business Description

Traded in Other Exchanges
N/A
Address
No. 85, Ren'ai Road, 4th Floor, Section 4, Daan District, Taipei, TWN, 106
China Metal Products Co Ltd is a Taiwan-based company that operates in three segments, namely Metal Manufacturing, which focuses on the development and selling of cast iron products; Real Estate Development, which focuses on the development and selling of residents and commercial buildings; and Lifestyle Hospitality segment focuses on retailing, amusement park, and hotel operating. Metal Manufacturing generates the majority of its revenue. The company's geographical segments include Taiwan, the United States, Japan, China, Europe, South America, and Others.

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