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Xiamen C & D (SHSE:600153) Long-Term Capital Lease Obligation : ¥3,410 Mil (As of Mar. 2024)


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What is Xiamen C & D Long-Term Capital Lease Obligation?

Xiamen C & D's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,410 Mil.

Xiamen C & D's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥3,838 Mil) to Dec. 2023 (¥3,552 Mil) and declined from Dec. 2023 (¥3,552 Mil) to Mar. 2024 (¥3,410 Mil).

Xiamen C & D's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥535 Mil) to Dec. 2022 (¥638 Mil) and increased from Dec. 2022 (¥638 Mil) to Dec. 2023 (¥3,552 Mil).


Xiamen C & D Long-Term Capital Lease Obligation Historical Data

The historical data trend for Xiamen C & D'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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Xiamen C & D Long-Term Capital Lease Obligation Chart

Xiamen C & D 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 - 513.86 534.61 637.77 3,552.42

Xiamen C & D 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 727.82 757.88 3,837.92 3,552.42 3,410.37

Xiamen C & D  (SHSE:600153) 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.

Xiamen C & D Long-Term Capital Lease Obligation Related Terms

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Xiamen C & D (SHSE:600153) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1699 Huandao East Road, 30th Floor, C&D International Building, Xiamen, CHN, 361008
Xiamen C & D Inc is a China-based modern service-oriented company mainly specializing in supply chain operation and real estate development. In regard to supply chain operation, the company has formed core business units, namely, pulp and paper, iron and steel, mineral products, agricultural products, textiles and other light industrial goods, chemical products, mechanical and electrical products, logistics services, automobiles and wines/spirits.
Executives
Jiang Gui Zhi senior management
Wang Zhi Bing senior management
Chen Dong Xu Directors, senior managers
Xu Jia Na senior management
Zheng Yong Da Directors, senior managers
Lin Mao Directors, senior managers
Huang Wen Zhou Director
Ye Yan Liu Director
Wang Qin Director
Wu Xiao Min Director
Lai Yan Da senior management
Zhang Yong Feng Director
Ye Zhi Liang Director
Xiang Xiao Yun senior management
Wang Xian Rong Director

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