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Oriental Pearl Group Co (SHSE:600637) Long-Term Capital Lease Obligation : ¥141 Mil (As of Mar. 2024)


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What is Oriental Pearl Group Co Long-Term Capital Lease Obligation?

Oriental Pearl Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥141 Mil.

Oriental Pearl Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥256 Mil) to Dec. 2023 (¥139 Mil) but then increased from Dec. 2023 (¥139 Mil) to Mar. 2024 (¥141 Mil).

Oriental Pearl Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥504 Mil) to Dec. 2022 (¥394 Mil) and declined from Dec. 2022 (¥394 Mil) to Dec. 2023 (¥139 Mil).


Oriental Pearl Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Oriental Pearl Group 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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Oriental Pearl Group Co Long-Term Capital Lease Obligation Chart

Oriental Pearl Group 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 - 315.98 504.42 394.05 139.50

Oriental Pearl Group 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 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 394.35 261.93 256.00 139.50 140.70

Oriental Pearl Group Co  (SHSE:600637) 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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Oriental Pearl Group Co (SHSE:600637) Business Description

Traded in Other Exchanges
N/A
Address
No.757, Yishan Road, Xuhui District, Shanghai, CHN, 200233
Oriental Pearl Group Co Ltd operates a media integration and distribution platform in China. The various business units of the company comprise Channel Products Operation, Video Shopping, and E-Commerce, Culture and Entertainment Themed Tourism, Mobile Transmissions and Video Games among others.
Executives
He Xiao Lan senior management
Xu Feng senior management
Xu Hui senior management
Wang Jian Jun Director
Zhang Wei Director
Shi Zhi Yan senior management
Fan Ruo Han senior management
Wang Sheng senior management
Cheng Zhi Chao senior management
Cao Zhi Yong senior management
Xu Qi senior management
Lu Bao Feng senior management
Su Wen Bin senior management
Dai Zhong Wei senior management
Ling Gang Director

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