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China Datang Renewable Power Co (HKSE:01798) Long-Term Capital Lease Obligation : HK$1,645 Mil (As of Dec. 2023)


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What is China Datang Renewable Power Co Long-Term Capital Lease Obligation?

China Datang Renewable Power Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,645 Mil.

China Datang Renewable Power Co's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (HK$1,944 Mil) to Sep. 2023 (HK$2,198 Mil) but then declined from Sep. 2023 (HK$2,198 Mil) to Dec. 2023 (HK$1,645 Mil).

China Datang Renewable Power Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$3,029 Mil) to Dec. 2022 (HK$2,129 Mil) and declined from Dec. 2022 (HK$2,129 Mil) to Dec. 2023 (HK$1,645 Mil).


China Datang Renewable Power Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for China Datang Renewable Power 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 Datang Renewable Power Co Long-Term Capital Lease Obligation Chart

China Datang Renewable Power 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 1,180.93 3,417.00 3,028.82 2,129.49 1,644.64

China Datang Renewable Power Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 2,129.49 1,944.50 2,197.62 1,644.64 -

China Datang Renewable Power Co  (HKSE:01798) 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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China Datang Renewable Power Co (HKSE:01798) Business Description

Traded in Other Exchanges
Address
No. 1 Caishikou Street, 8/F, Building 1, Xicheng District, Beijing, CHN, 100053
Datang Renewable is one of China's leading wind power operators, with installed wind capacity of 12.7 gigawatts as of the end of 2022, representing 3.5% of the nationwide wind capacity. About 89.4% of the total installed capacity is wind power. The company also operates solar and gas-fired power plants on a smaller scale. China Datang Group is the major shareholder with a controlling stake of 65.61%.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si 2102 Investment manager
Alliancebernstein L.p. 2201 Interest of corporation controlled by you
Bao-trans Enterprises Limited 2101 Beneficial owner
Bao Shan Gang Tie Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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