Longfor Group Holdings (Longfor Group Holdings) Short-Term Capital Lease Obligation : $233 Mil (As of Dec. 2023)

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What is Longfor Group Holdings Short-Term Capital Lease Obligation?

Longfor Group Holdings's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $233 Mil.

Longfor Group Holdings's quarterly Short-Term Capital Lease Obligation increased from Dec. 2022 ($210 Mil) to Jun. 2023 ($212 Mil) and increased from Jun. 2023 ($212 Mil) to Dec. 2023 ($233 Mil).

Longfor Group Holdings's annual Short-Term Capital Lease Obligation declined from Dec. 2021 ($217 Mil) to Dec. 2022 ($210 Mil) but then increased from Dec. 2022 ($210 Mil) to Dec. 2023 ($233 Mil).

Longfor Group Holdings Short-Term Capital Lease Obligation Historical Data

The historical data trend for Longfor Group Holdings's Short-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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Longfor Group Holdings Short-Term Capital Lease Obligation Chart

Longfor Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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143.93

194.64

217.19

209.52

233.47

Longfor Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															217.19	214.88	209.52	211.80	233.47

Longfor Group Holdings Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Longfor Group Holdings Short-Term Capital Lease Obligation Related Terms

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Longfor Group Holdings (Longfor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » Short-Term Capital Lease Obligation

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.