South China Holdings Co (HKSE:00413) Long-Term Capital Lease Obligation : HK$291 Mil (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is South China Holdings Co Long-Term Capital Lease Obligation?

South China Holdings Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$291 Mil.

South China Holdings Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$311 Mil) to Jun. 2023 (HK$272 Mil) but then increased from Jun. 2023 (HK$272 Mil) to Dec. 2023 (HK$291 Mil).

South China Holdings Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$393 Mil) to Dec. 2022 (HK$311 Mil) and declined from Dec. 2022 (HK$311 Mil) to Dec. 2023 (HK$291 Mil).

South China Holdings Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for South China Holdings 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.

South China Holdings Co Long-Term Capital Lease Obligation Chart

South China Holdings 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

344.47

379.41

393.33

311.12

291.08

South China Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															393.33	338.99	311.12	272.35	291.08

South China Holdings Co (HKSE:00413) 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.

South China Holdings Co Long-Term Capital Lease Obligation Related Terms

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

South China Holdings Co (HKSE:00413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » South China Holdings Co Ltd (HKSE:00413) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SZHB:Germany

Address

1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.scholding.com

South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments namely Trading and Manufacturing, Property investment and development, Agriculture and forestry and Others segment. Its business activities include trading and manufacturing toys, footwear and leather products as well as cultivating fruit trees, and rearing of livestock and aquatic products. It is also engaged in developing properties and investment holding about management functions. The majority of the company's revenues are derived from the Trading and manufacturing segment. Its geographical segments are the United States, Europe, the PRC including Hong Kong, Japan and Others.

Executives

Ng Hung Sang	2101 Beneficial owner
Ng Lai King Pamela	2202 Interest of your spouse
Earntrade Investments Limited	2101 Beneficial owner

South China Holdings Co (HKSE:00413) Headlines

No Headlines