Chi Ho Development Holdings (HKSE:08423) Long-Term Capital Lease Obligation : HK$2.1 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Chi Ho Development Holdings Long-Term Capital Lease Obligation?

Chi Ho Development Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2.1 Mil.

Chi Ho Development Holdings's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 (HK$2.3 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Sep. 2023 (HK$2.1 Mil).

Chi Ho Development Holdings's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (HK$0.0 Mil) to Mar. 2022 (HK$3.6 Mil) but then declined from Mar. 2022 (HK$3.6 Mil) to Mar. 2023 (HK$2.3 Mil).

Chi Ho Development Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chi Ho Development Holdings'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.

Chi Ho Development Holdings Long-Term Capital Lease Obligation Chart

Chi Ho Development Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.47

0.19

3.57

2.26

Chi Ho Development Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.87	-	2.26	-	2.14

Chi Ho Development Holdings (HKSE:08423) 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.

Chi Ho Development Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Chi Ho Development Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Chi Ho Development Holdings (HKSE:08423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Ho Development Holdings Ltd (HKSE:08423) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

77–81 Container Port Road, Units 901, 902 and 908, 9/F, Magnet Place Tower 1, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.chdev.com.hk

Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include Building renovation and construction which includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. and Property which includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.

Executives

Diamondfield Holdings Limited	2401 A concert party to an agreement to buy shares
Sharp Talent Holdings Limited	2101 Beneficial owner
Ho Chi Kwan	2401 A concert party to an agreement to buy shares
Leung Ka Ho, Raymond	2201 Interest of corporation controlled by you

Chi Ho Development Holdings (HKSE:08423) Headlines

No Headlines