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EEKA Fashion Holdings (HKSE:03709) Long-Term Capital Lease Obligation : HK$309 Mil (As of Dec. 2023)


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What is EEKA Fashion Holdings Long-Term Capital Lease Obligation?

EEKA Fashion Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$309 Mil.

EEKA Fashion Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$424 Mil) to Jun. 2023 (HK$365 Mil) and declined from Jun. 2023 (HK$365 Mil) to Dec. 2023 (HK$309 Mil).

EEKA Fashion Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$454 Mil) to Dec. 2022 (HK$424 Mil) and declined from Dec. 2022 (HK$424 Mil) to Dec. 2023 (HK$309 Mil).


EEKA Fashion Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for EEKA Fashion Holdings'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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EEKA Fashion Holdings Long-Term Capital Lease Obligation Chart

EEKA Fashion Holdings 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 229.77 268.35 454.11 424.30 308.66

EEKA Fashion Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 454.11 493.95 424.30 364.53 308.66

EEKA Fashion Holdings  (HKSE:03709) 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.

EEKA Fashion Holdings Long-Term Capital Lease Obligation Related Terms

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EEKA Fashion Holdings (HKSE:03709) Business Description

Traded in Other Exchanges
N/A
Address
Terra 4th Road, 26thFloor, B Block, Terra Licheng Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
EEKA Fashion Holdings Ltd is a women's clothing manufacturer and retailer in China. Its high-end Koradior, La Koradior and Koradior Elsewhere brands target women between 30 and 45 years old with dresses, skirts, trousers, shirts, knitwear, vests, jackets, overcoats, scarves, and accessories. The vast majority of its sales are direct to customers through company-operated retail stores. The company also sells its items through third-party e-commerce platforms and through distributor-operated retail stores. Virtually all of its revenue is generated in China.
Executives
Ca Indosuez (switzerland) Sa, Hong Kong Branch 2303 Depositary
Bos Trustee Limited 2201 Interest of corporation controlled by you
Koradior Investments Limited 2101 Beneficial owner
Mayberry Marketing Limited 2201 Interest of corporation controlled by you
Jin Ming 2307 Founder of a discretionary trust who can infl
Jin Ming 2307 Founder of a discretionary trust who can infl
Apex Noble Holdings Limited 2101 Beneficial owner
Heritage Holdings Ltd 2201 Interest of corporation controlled by you
Jin Rui 2307 Founder of a discretionary trust who can infl
Bos Trustee Limited As Trustee 2201 Interest of corporation controlled by you

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