China Leon Inspection Holding (HKSE:01586) Long-Term Capital Lease Obligation : HK$44 Mil (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is China Leon Inspection Holding Long-Term Capital Lease Obligation?

China Leon Inspection Holding's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$44 Mil.

China Leon Inspection Holding's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$37 Mil) to Jun. 2023 (HK$28 Mil) but then increased from Jun. 2023 (HK$28 Mil) to Dec. 2023 (HK$44 Mil).

China Leon Inspection Holding's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$34 Mil) to Dec. 2022 (HK$37 Mil) and increased from Dec. 2022 (HK$37 Mil) to Dec. 2023 (HK$44 Mil).

China Leon Inspection Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Leon Inspection Holding'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.

* Premium members only.

China Leon Inspection Holding Long-Term Capital Lease Obligation Chart

China Leon Inspection Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

20.01

15.64

33.58

36.74

43.79

China Leon Inspection Holding Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															33.58	26.50	36.74	27.80	43.79

China Leon Inspection Holding (HKSE:01586) 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 Leon Inspection Holding Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of China Leon Inspection Holding's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

China Leon Inspection Holding (HKSE:01586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Leon Inspection Holding Ltd (HKSE:01586) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Suite 1015, 10th floor, Ocean Centre,, Tsim Sha Tsui, Kowloon, Harbour, HKG

Website

http://www.leontest.com

China Leon Inspection Holding Ltd is a coal testing inspection services provider. Its business scope includes Testing services, Surveying services, Witnessing and Ancillary services, and technical and consulting services. Testing services focus on the quality assurance of coal; Surveying services include a draft survey to determine or verify the coal quantity, and it also provides witnessing services by observing testing and inspection activities conducted by the counterparties of its customers to detect dishonesty or abnormality. It operates in Mainland China, Indonesia, and other countries, from which it generates the majority of its revenue from Mainland China.

Executives

Li Xiangli	2103 Interests held jointly with another person
Wei Yajuan	2202 Interest of your spouse
Zhang Aiying	2103 Interests held jointly with another person
Liu Yi	2101 Beneficial owner
Liu Yi	2103 Interests held jointly with another person
Leon Cornerstone Investment Holding Limited	2101 Beneficial owner
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Liu Yi	2101 Beneficial owner
Swan Stone Investment Holding Limited	2101 Beneficial owner
Hawk Flying Investment Holding Limited	2101 Beneficial owner

China Leon Inspection Holding (HKSE:01586) Headlines

No Headlines