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Yum China Holdings (HKSE:09987) Long-Term Capital Lease Obligation : HK$14,793 Mil (As of Mar. 2024)


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What is Yum China Holdings Long-Term Capital Lease Obligation?

Yum China Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$14,793 Mil.

Yum China Holdings's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (HK$14,310 Mil) to Dec. 2023 (HK$15,174 Mil) but then declined from Dec. 2023 (HK$15,174 Mil) to Mar. 2024 (HK$14,793 Mil).

Yum China Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$18,140 Mil) to Dec. 2022 (HK$15,166 Mil) but then increased from Dec. 2022 (HK$15,166 Mil) to Dec. 2023 (HK$15,174 Mil).


Yum China Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Yum China 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.

Yum China Holdings Long-Term Capital Lease Obligation Chart

Yum China Holdings 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 14,274.43 15,061.94 18,140.47 15,165.96 15,174.44

Yum China Holdings 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 14,951.77 14,209.06 14,310.50 15,174.44 14,793.29

Yum China Holdings  (HKSE:09987) 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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Yum China Holdings (HKSE:09987) Business Description

Traded in Other Exchanges
Address
20 Tian Yao Qiao Road, Yum China Building, Shanghai, CHN, 200030
With almost 13,000 units and USD 10 billion in systemwide sales in 2022, Yum China is the largest restaurant chain in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (9,094 units) and Pizza Hut (2,903), but the company's portfolio also includes other brands such as Little Sheep, East Dawning, Taco Bell, Huang Ji Huang, COFFii & Joy, and Lavazza (collectively representing about 950 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016.
Executives
Jpmorgan Chase & Co. 2502 Approved lending agent
Gic Private Limited 2102 Investment manager
Invesco Advisers, Inc. 2102 Investment manager
Blackrock, Inc. 2201 Interest of corporation controlled by you
Invesco Developing Markets Fund 2106 Person having a security interest in shares

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