Shennan Circuits Co (SZSE:002916) Long-Term Capital Lease Obligation : ¥20 Mil (As of Mar. 2024)

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

What is Shennan Circuits Co Long-Term Capital Lease Obligation?

Shennan Circuits Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥20 Mil.

Shennan Circuits Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥20 Mil) to Dec. 2023 (¥20 Mil) but then increased from Dec. 2023 (¥20 Mil) to Mar. 2024 (¥20 Mil).

Shennan Circuits Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥34 Mil) to Dec. 2022 (¥26 Mil) and declined from Dec. 2022 (¥26 Mil) to Dec. 2023 (¥20 Mil).

Shennan Circuits Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shennan Circuits 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.

Shennan Circuits Co Long-Term Capital Lease Obligation Chart

Shennan Circuits 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

43.49

33.59

25.67

19.59

Shennan Circuits 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															23.57	21.99	20.38	19.59	19.66

Shennan Circuits Co (SZSE:002916) 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.

Shennan Circuits Co Long-Term Capital Lease Obligation Related Terms

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

Shennan Circuits Co (SZSE:002916) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shennan Circuits Co Ltd (SZSE:002916) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99, Qiao Cheng EAST Road, Nanshan District, Shenzhen, CHN

Website

http://www.scc.com.cn

Shennan Circuits Co Ltd is a China-based printed circuit board and the packaging substrate manufacturer. The company operates in five business divisions including design services, printed circuit board, printed circuit board assembly, the package substrate, and laminated busbar. It provides products and services for the communication equipment manufacturers, aeronautics, and astronautics electronic manufacturers.

Executives

Wang Cheng Yong	Executives
Zhang Li Jun	Directors, executives
Yang Zhi Cheng	Director
Zhang Li Hua	Executives
Gong Jian	Executives
Zhou Jin Qun	Directors, executives
Xie Yan Hong	Supervisors

Shennan Circuits Co (SZSE:002916) Headlines

No Headlines