GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TCL Technology Group Corp (SZSE:000100) » Definitions » Long-Term Capital Lease Obligation

TCL Technology Group (SZSE:000100) Long-Term Capital Lease Obligation : ¥5,735 Mil (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is TCL Technology Group Long-Term Capital Lease Obligation?

TCL Technology Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,735 Mil.

TCL Technology Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥5,533 Mil) to Dec. 2023 (¥5,737 Mil) but then declined from Dec. 2023 (¥5,737 Mil) to Mar. 2024 (¥5,735 Mil).

TCL Technology Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥1,102 Mil) to Dec. 2022 (¥4,461 Mil) and increased from Dec. 2022 (¥4,461 Mil) to Dec. 2023 (¥5,737 Mil).


TCL Technology Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for TCL Technology Group'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.

TCL Technology Group Long-Term Capital Lease Obligation Chart

TCL Technology Group 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 - - 1,102.07 4,461.38 5,737.29

TCL Technology Group 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 4,839.13 5,058.33 5,533.38 5,737.29 5,734.88

TCL Technology Group  (SZSE:000100) 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.

TCL Technology Group Long-Term Capital Lease Obligation Related Terms

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


TCL Technology Group (SZSE:000100) Business Description

Traded in Other Exchanges
N/A
Address
17 Huifeng Third Road, TCL Technology Building, Zhongkai Hi-Tech Development District, Guangdong Province, Huizhou, CHN, 516001
TCL Technology Group Corp is a consumer electronics company in China. The company's operating segment includes Semi-conductor display and materials business; Distribution business; Semi-conductor photovoltaic and semi-conductor materials business and Other businesses. It generates maximum revenue from Semi-conductor display and materials business segment. The Semi-conductor display and materials business segment mainly includes research and development, manufacturing and sales of semiconductor display panels and semiconductor display modules.
Executives
Li Dong Sheng Directors, executives
Liu Bin Director
Wang Cheng Executives
Lu Xin Independent director
Yan Xiao Lin Executives
Wang Jian Xun Securities Affairs Representative
Mi Xin Bin Supervisors
Han Fang Ming Director
Bao Lian Ming Directors, executives
Shi Wan Wen Executives
Zhao Zhong Yao Directors, executives
Huang Xu Bin Executives
Yu Guang Hui Executives
Zheng Chuan Lie Director
He Cheng Ming Executives

TCL Technology Group (SZSE:000100) Headlines

No Headlines