Guizhou Chitianhua Co (SHSE:600227) Long-Term Capital Lease Obligation : ¥4 Mil (As of Mar. 2024)

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What is Guizhou Chitianhua Co Long-Term Capital Lease Obligation?

Guizhou Chitianhua Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4 Mil.

Guizhou Chitianhua Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥0 Mil) to Dec. 2023 (¥0 Mil) but then increased from Dec. 2023 (¥0 Mil) to Mar. 2024 (¥4 Mil).

Guizhou Chitianhua Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥0 Mil) but then declined from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥0 Mil).

Guizhou Chitianhua Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Guizhou Chitianhua 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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Guizhou Chitianhua Co Long-Term Capital Lease Obligation Chart

Guizhou Chitianhua Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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0.25

0.26

0.49

Guizhou Chitianhua Co 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															0.51	0.49	0.49	-	3.54

Guizhou Chitianhua Co (SHSE:600227) 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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Guizhou Chitianhua Co (SHSE:600227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Guizhou Chitianhua Co Ltd (SHSE:600227) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 310 Xintian Avenue, Wudang District, Guizhou Province, Guiyang, CHN, 564707

Website

http://www.chth.com.cn

Guizhou Chitianhua Co Ltd, formerly Guizhou Salvage Pharmaceutical Co Ltd primarily produces and sells urea in China. It offers nitrogenous fertilizer, phosphate fertilizer, compound fertilizer, synthetic ammonia, sulfur, and other chemical products and raw materials; fine chemical products; industrial hydrogen; and packing bags and plastic sheets.

Executives

Sun De Sheng

Director

Guizhou Chitianhua Co (SHSE:600227) Headlines

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