Veson Holdings (HKSE:01399) Long-Term Capital Lease Obligation : HK$5 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Veson Holdings Long-Term Capital Lease Obligation?

Veson Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5 Mil.

Veson Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$12 Mil) to Jun. 2023 (HK$8 Mil) and declined from Jun. 2023 (HK$8 Mil) to Dec. 2023 (HK$5 Mil).

Veson Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$20 Mil) to Dec. 2022 (HK$12 Mil) and declined from Dec. 2022 (HK$12 Mil) to Dec. 2023 (HK$5 Mil).

Veson Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Veson Holdings'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.

Veson Holdings Long-Term Capital Lease Obligation Chart

Veson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

6.42

27.82

20.31

11.98

5.31

Veson Holdings 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															20.31	15.64	11.98	8.07	5.31

Veson Holdings (HKSE:01399) 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.

Veson Holdings Long-Term Capital Lease Obligation Related Terms

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

Veson Holdings (HKSE:01399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veson Holdings Ltd (HKSE:01399) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN

Website

http://www.vesonhldg.com

Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. It generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, it operates in the PRC. The company's products are used for mobile phones, tablets and digital products battery and related accessories.

Executives

Fang Jin	2201 Interest of corporation controlled by you
Right Grand Holdings Limited	2101 Beneficial owner
Swift Joy Holdings Limited	2101 Beneficial owner

Veson Holdings (HKSE:01399) Headlines

No Headlines