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Hangzhou Sunrise Technology Co (SZSE:300360) Long-Term Capital Lease Obligation : ¥0 Mil (As of Mar. 2024)


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What is Hangzhou Sunrise Technology Co Long-Term Capital Lease Obligation?

Hangzhou Sunrise Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil.

Hangzhou Sunrise Technology Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥1 Mil) to Dec. 2023 (¥1 Mil) and declined from Dec. 2023 (¥1 Mil) to Mar. 2024 (¥0 Mil).

Hangzhou Sunrise Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥1 Mil) but then declined from Dec. 2022 (¥1 Mil) to Dec. 2023 (¥1 Mil).


Hangzhou Sunrise Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hangzhou Sunrise Technology 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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Hangzhou Sunrise Technology Co Long-Term Capital Lease Obligation Chart

Hangzhou Sunrise Technology 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 Premium Member Only Premium Member Only - 3.11 - 1.39 0.65

Hangzhou Sunrise Technology 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 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 1.21 1.03 0.94 0.65 0.47

Hangzhou Sunrise Technology Co  (SZSE:300360) 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.

Hangzhou Sunrise Technology Co Long-Term Capital Lease Obligation Related Terms

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Hangzhou Sunrise Technology Co (SZSE:300360) Business Description

Traded in Other Exchanges
N/A
Address
Longtan Road No.9, Cangqian town, Yuhang District, Hangzhou, CHN
Hangzhou Sunrise Technology Co Ltd is engaged in the research and development, production and sales of electric energy metering and electricity information collection system. Its products include variable terminals, distribution transformer terminals, concentrators, and test equipment. The company distributes its products within domestic market and to overseas markets.
Executives
Guo Yuan Yue Directors, executives
Liu Chao Executives
Jiang Gan Cai Directors, executives
Liu Guo Ping Independent director
Liu Mei Zhen Supervisors
Wang Pan Pan Securities Affairs Representative
Yang Guang Directors, executives
Zhou Fen Director
Ding Min Hua Directors, executives
Liu Xiao Song Independent director

Hangzhou Sunrise Technology Co (SZSE:300360) Headlines

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