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Jiangsu Fengshan Group Co (SHSE:603810) Long-Term Capital Lease Obligation : ¥3 Mil (As of Mar. 2024)


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What is Jiangsu Fengshan Group Co Long-Term Capital Lease Obligation?

Jiangsu Fengshan Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3 Mil.

Jiangsu Fengshan Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥6 Mil) to Dec. 2023 (¥5 Mil) and declined from Dec. 2023 (¥5 Mil) to Mar. 2024 (¥3 Mil).

Jiangsu Fengshan Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥8 Mil) to Dec. 2022 (¥7 Mil) and declined from Dec. 2022 (¥7 Mil) to Dec. 2023 (¥5 Mil).


Jiangsu Fengshan Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jiangsu Fengshan 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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Jiangsu Fengshan Group Co Long-Term Capital Lease Obligation Chart

Jiangsu Fengshan 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 - 6.70 8.08 7.23 4.62

Jiangsu Fengshan 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 6.61 6.64 5.99 4.62 3.24

Jiangsu Fengshan Group Co  (SHSE:603810) 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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Jiangsu Fengshan Group Co (SHSE:603810) Business Description

Traded in Other Exchanges
N/A
Address
105-6 North Zhongshan Road, 1903 Central International Plaza, Nanjing, CHN
Jiangsu Fengshan Group Co Ltd is engaged in the operation of agrochemical chemical products. It integrates science research, industrial production, and trade service. The company's technicals and formulations are divided into Herbicide, Insecticide, and Fungicide. The formulation also includes Plant growth regulator and Mixtures.
Executives
Yin Ping Directors, senior managers
Chen Ya Feng Director
Wang Li Supervisors
Wu Han Cun Director
Dan Yong Xiang Director
Wang Jin Yang Supervisors
Mou Yong Guo Supervisors
Yin Feng Shan Director
Cui Ri Bao Supervisors

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