PNC Process Systems Co (SHSE:603690) Long-Term Capital Lease Obligation : ¥17 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is PNC Process Systems Co Long-Term Capital Lease Obligation?

PNC Process Systems Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥17 Mil.

PNC Process Systems Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥18 Mil) to Dec. 2023 (¥19 Mil) but then declined from Dec. 2023 (¥19 Mil) to Mar. 2024 (¥17 Mil).

PNC Process Systems Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥4 Mil) to Dec. 2022 (¥20 Mil) but then declined from Dec. 2022 (¥20 Mil) to Dec. 2023 (¥19 Mil).

PNC Process Systems Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for PNC Process Systems 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.

* Premium members only.

PNC Process Systems Co Long-Term Capital Lease Obligation Chart

PNC Process Systems 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

9.29

4.03

20.30

18.62

PNC Process Systems 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															20.59	17.89	17.90	18.62	17.45

PNC Process Systems Co (SHSE:603690) 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.

PNC Process Systems Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of PNC Process Systems Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

PNC Process Systems Co (SHSE:603690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PNC Process Systems Co Ltd (SHSE:603690) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 170, Zihai Road, Minhang District, Shanghai, CHN, 200241

Website

http://www.pnc-systems.com

PNC Process Systems Co Ltd offers process system solutions for advanced manufacturing enterprises. The solutions cover the design, selection, manufacturing, installation, testing, commissioning, and system hosting services of the entire system. Its product portfolio covers gas delivery system solution, chemical delivery system solutions, process machine secondary, GMS detection control management system, and digital production system, among others. It also offers gasification equipment, wet process machine, ultra-clean electronic materials, media special inspection service, laboratory service, and biopharmaceutical systems and equipment. The systems and services are used in semiconductor, microelectronics, biomedical, photovoltaic, fiber optic, TFT-LCD, LED and other fields.

Executives

Lu Lei	senior management
Jiang Yuan	Directors, senior managers
Shen Yi Lin	senior management
Zhao Hao	Director
Chai Xin Ming	senior management
Wu Hai Hua	Director
Yuan Meng Qi	senior management

PNC Process Systems Co (SHSE:603690) Headlines

No Headlines