Jiangsu Ankura Intelligent Power Co (SZSE:300617) Long-Term Capital Lease Obligation : ¥6.6 Mil (As of Mar. 2024)

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What is Jiangsu Ankura Intelligent Power Co Long-Term Capital Lease Obligation?

Jiangsu Ankura Intelligent Power Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6.6 Mil.

Jiangsu Ankura Intelligent Power Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥3.2 Mil) to Dec. 2023 (¥6.3 Mil) and increased from Dec. 2023 (¥6.3 Mil) to Mar. 2024 (¥6.6 Mil).

Jiangsu Ankura Intelligent Power Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥4.8 Mil) to Dec. 2022 (¥1.5 Mil) but then increased from Dec. 2022 (¥1.5 Mil) to Dec. 2023 (¥6.3 Mil).

Jiangsu Ankura Intelligent Power Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jiangsu Ankura Intelligent Power 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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Jiangsu Ankura Intelligent Power Co Long-Term Capital Lease Obligation Chart

Jiangsu Ankura Intelligent Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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6.46

4.85

1.53

6.26

Jiangsu Ankura Intelligent Power 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															2.23	3.12	3.18	6.26	6.62

Jiangsu Ankura Intelligent Power Co (SZSE:300617) 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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Jiangsu Ankura Intelligent Power Co (SZSE:300617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Ankura Intelligent Power Co Ltd (SZSE:300617) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 100 Tianmuhu Avenue, Tianmu Lake Industrial Park, Jiangsu Province, Liyang, CHN, 213333

Website

http://www.ankura.com.cn

Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd is a China based supplier of ultra-high voltage cable system solutions. It provides customers with connectors, laying materials, monitoring and control of intelligent equipment. In addition, the company also offers customers with the design, construction, and equipment comprehensive professional services including testing, operation and maintenance. The product categories of the company comprise Cable transmission system and GIL transmission system. Cable transmission system includes porcelain sleeve terminal, composite terminal, transformer terminal, and branch connector. GIL transmission system includes gas pipeline bus, GIL casing, and GIL monitoring system.

Executives

Chen Xiao Ming	Director
Wang Jian Ping	Executives
Wang Chun Mei	Executives
Zhao Bing Song	Directors, executives

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Headlines

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