China International Capital (SHSE:601995) Long-Term Capital Lease Obligation : ¥4,346 Mil (As of Mar. 2024)

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What is China International Capital Long-Term Capital Lease Obligation?

China International Capital's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,346 Mil.

China International Capital's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥0 Mil) to Dec. 2023 (¥3,482 Mil) and increased from Dec. 2023 (¥3,482 Mil) to Mar. 2024 (¥4,346 Mil).

China International Capital's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥1,277 Mil) to Dec. 2022 (¥1,490 Mil) and increased from Dec. 2022 (¥1,490 Mil) to Dec. 2023 (¥3,482 Mil).

China International Capital Long-Term Capital Lease Obligation Historical Data

The historical data trend for China International Capital'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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China International Capital Long-Term Capital Lease Obligation Chart

China International Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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972.32

663.56

1,277.21

1,489.61

3,482.38

China International Capital Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	1,292.48	-	3,482.38	4,345.71

China International Capital (SHSE:601995) 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.

China International Capital Long-Term Capital Lease Obligation Related Terms

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China International Capital (SHSE:601995) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China International Capital Corp Ltd (SHSE:601995) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CNICF:USA 03908:Hong Kong CIM:Germany

Address

1 Jianguomenwai Avenue, 27th and 28th Floor, China World Office 2, Chaoyang District, Beijing, CHN, 100004

Website

https://www.cicc.com

China International Capital Corp Ltd is a capital market operations company based in China. Its business is carried through investment banking, equity sales and trading, fixed income commodities and currencies, Asset Management; Wealth management, and private equity segments. The company derives its earnings predominantly from China and the rest from overseas. It generates maximum revenue from Wealth management segment.

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