Minshang Creative Technology Holdings (HKSE:01632) Short-Term Capital Lease Obligation : HK$1.1 Mil (As of Sep. 2023)

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What is Minshang Creative Technology Holdings Short-Term Capital Lease Obligation?

Minshang Creative Technology Holdings's Short-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.1 Mil.

Minshang Creative Technology Holdings's quarterly Short-Term Capital Lease Obligation increased from Sep. 2022 (HK$5.9 Mil) to Mar. 2023 (HK$6.1 Mil) but then declined from Mar. 2023 (HK$6.1 Mil) to Sep. 2023 (HK$1.1 Mil).

Minshang Creative Technology Holdings's annual Short-Term Capital Lease Obligation declined from Mar. 2021 (HK$16.9 Mil) to Mar. 2022 (HK$9.9 Mil) and declined from Mar. 2022 (HK$9.9 Mil) to Mar. 2023 (HK$6.1 Mil).

Minshang Creative Technology Holdings Short-Term Capital Lease Obligation Historical Data

The historical data trend for Minshang Creative Technology Holdings's Short-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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Minshang Creative Technology Holdings Short-Term Capital Lease Obligation Chart

Minshang Creative Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Short-Term Capital Lease Obligation

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25.25

16.89

9.88

6.10

Minshang Creative Technology Holdings Semi-Annual Data
	Mar14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial														14.92	9.88	5.90	6.10	1.09

Minshang Creative Technology Holdings Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

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Minshang Creative Technology Holdings (HKSE:01632) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minshang Creative Technology Holdings Ltd (HKSE:01632) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, Unit 4203, 42nd Floor, Tower One Lippo Centre, Admiralty, Hong Kong, HKG

Website

http://www.minshangct.com

Minshang Creative Technology Holdings Ltd is an investment holding company. The company's operating segment includes the Vietnamese-style restaurant business in Hong Kong, Trading business in the PRC, and IT solution business. It generates maximum revenue from the Trading business segment. The Trading business segment focuses on offering 3C electronic products, frozen foods, and grain and oil products. Geographically, it derives a majority of revenue from China.

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