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Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Long-Term Capital Lease Obligation : ¥136 Mil (As of Mar. 2024)


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What is Guangdong Senssun Weighing Apparatus Group Long-Term Capital Lease Obligation?

Guangdong Senssun Weighing Apparatus Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥136 Mil.

Guangdong Senssun Weighing Apparatus Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥132 Mil) to Dec. 2023 (¥143 Mil) but then declined from Dec. 2023 (¥143 Mil) to Mar. 2024 (¥136 Mil).

Guangdong Senssun Weighing Apparatus Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥47 Mil) to Dec. 2022 (¥61 Mil) and increased from Dec. 2022 (¥61 Mil) to Dec. 2023 (¥143 Mil).


Guangdong Senssun Weighing Apparatus Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Guangdong Senssun Weighing Apparatus 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.

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Guangdong Senssun Weighing Apparatus Group Long-Term Capital Lease Obligation Chart

Guangdong Senssun Weighing Apparatus 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 - 94.06 47.19 61.33 143.03

Guangdong Senssun Weighing Apparatus 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 76.85 95.64 132.39 143.03 136.48

Guangdong Senssun Weighing Apparatus Group  (SZSE:002870) 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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Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Business Description

Traded in Other Exchanges
N/A
Address
East of Qiwan Road,, Baishawan Industrial Park, East District, Guangdong Province, Zhongshan, CHN, 528403
Guangdong Senssun Weighing Apparatus Group Ltd is mainly engaged in the research and development, production and sales of household health (home scale) products, commercial weighing (commercial weighing) products and intelligent measuring products. It focuses on product that includes human scales, fat scales, kitchen scales, pocket scales, luggage scales and other smart household scales; Safety traceability scales, bar code scales, electronic price scales, electronic platform scales and other intelligent commercial scales.

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