Chung-Hsin Electric & Machinery Mfg (TPE:1513) Long-Term Capital Lease Obligation : NT$2,512 Mil (As of Mar. 2024)

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What is Chung-Hsin Electric & Machinery Mfg Long-Term Capital Lease Obligation?

Chung-Hsin Electric & Machinery Mfg's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,512 Mil.

Chung-Hsin Electric & Machinery Mfg's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (NT$2,407 Mil) to Dec. 2023 (NT$2,484 Mil) and increased from Dec. 2023 (NT$2,484 Mil) to Mar. 2024 (NT$2,512 Mil).

Chung-Hsin Electric & Machinery Mfg's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (NT$1,653 Mil) to Dec. 2022 (NT$3,117 Mil) but then declined from Dec. 2022 (NT$3,117 Mil) to Dec. 2023 (NT$2,484 Mil).

Chung-Hsin Electric & Machinery Mfg Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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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Chung-Hsin Electric & Machinery Mfg Long-Term Capital Lease Obligation Chart

Chung-Hsin Electric & Machinery Mfg Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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804.22

1,659.79

1,653.39

3,117.08

2,483.80

Chung-Hsin Electric & Machinery Mfg 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															3,315.17	2,990.62	2,406.76	2,483.80	2,511.62

Chung-Hsin Electric & Machinery Mfg (TPE:1513) 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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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chung-Hsin Electric & Machinery Mfg Corp (TPE:1513) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383

Website

https://www.chem.com.tw

Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

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