Shenzhen Liantronics Co (SZSE:300269) Long-Term Capital Lease Obligation : ¥10.4 Mil (As of Mar. 2024)

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What is Shenzhen Liantronics Co Long-Term Capital Lease Obligation?

Shenzhen Liantronics Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10.4 Mil.

Shenzhen Liantronics Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥12.5 Mil) to Dec. 2023 (¥12.7 Mil) but then declined from Dec. 2023 (¥12.7 Mil) to Mar. 2024 (¥10.4 Mil).

Shenzhen Liantronics Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥9.6 Mil) to Dec. 2022 (¥15.5 Mil) but then declined from Dec. 2022 (¥15.5 Mil) to Dec. 2023 (¥12.7 Mil).

Shenzhen Liantronics Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen Liantronics 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.

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Shenzhen Liantronics Co Long-Term Capital Lease Obligation Chart

Shenzhen Liantronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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5.17

9.55

15.45

12.73

Shenzhen Liantronics 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															19.28	16.09	12.46	12.73	10.39

Shenzhen Liantronics Co (SZSE:300269) 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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Shenzhen Liantronics Co (SZSE:300269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Liantronics Co Ltd (SZSE:300269) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

3rd Liuxian Road, Antongda Industrial Zone, Liantronics Building, 2nd Floor, 68 Block Baoan, Bao'an District, Shenzhen, CHN, 518101

Website

http://www.lcjh.com

Shenzhen Liantronics Co Ltd is a China based company engaged in designing, manufacturing, selling and providing services for LED video display systems, LED message boards and LED lighting systems in China. It offers system solutions for medium and high-end LED full color display products. The company offers its products and solutions in China and other international countries. It provides products such as Fine pitch LED display, indoor fixed LED display, outdoor fixed LED display, indoor and outdoor rental LED display and other products. The company offers solutions for Broadcasting Studio, Stage LED Display, Mobile LED Display, Stadium LED Display, and others.

Executives

Xie Zhi Ming	Supervisors
Liu Hu Jun	Directors, executives
Wang Feng	Directors, executives
Wang Guang Yan	Executives
Zhong Ju Ying	Directors, executives
Zhang Ai Ming	Supervisors
Jiang Hao	Executives
Huang Yun Wei	Executives
Xiang Jian Yong	Executives
Yao Tai Ping	Director
Zhang Yan Jun	Director
Qian Ke Yuan	Independent director
Wang Yi Jian	Executives
Wang Gang	Supervisors

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