Shuoao International Holdings (HKSE:02336) Long-Term Capital Lease Obligation : HK$0.1 Mil (As of Dec. 2023)

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What is Shuoao International Holdings Long-Term Capital Lease Obligation?

Shuoao International Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.1 Mil.

Shuoao International Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$1.7 Mil) to Jun. 2023 (HK$0.9 Mil) and declined from Jun. 2023 (HK$0.9 Mil) to Dec. 2023 (HK$0.1 Mil).

Shuoao International Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$0.0 Mil) to Dec. 2022 (HK$1.7 Mil) but then declined from Dec. 2022 (HK$1.7 Mil) to Dec. 2023 (HK$0.1 Mil).

Shuoao International Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shuoao International 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.

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Shuoao International Holdings Long-Term Capital Lease Obligation Chart

Shuoao International Holdings Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1.73

0.13

Shuoao International Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.59	1.73	0.90	0.13	-

Shuoao International Holdings (HKSE:02336) 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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Shuoao International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shuoao International Holdings Ltd (HKSE:02336) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19 Des Voeux Road Central, Office 18, 6th Floor, World-wide House, Hong Kong, HKG

Website

https://www.hailianghk.com

Shuoao International Holdings Ltd Formerly Hailiang International Holdings Ltd is an investment holding company engaged in the business of the sale of metals, the development and provision of electronic turnkey device solutions, and property development. The company operates in three segments Sale of metals, Development and provision of electronic turnkey device solutions, and Property development segment. It earns the majority of its revenue from the sale of metals segment. Geographically, it derives maximum revenue from Hong Kong and also has a presence in the Singapore, Peoples Republic of China, and other countries.

Executives

Feng Hailiang	2201 Interest of corporation controlled by you
Fu Bang Tou Zi You Xian Gong Si	2101 Beneficial owner
Hai Liang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Ning Bo Zhe Tao Tou Zi Kong Gu You Xian Gong Si Qian Cheng Shang Hai Wei Ze Tou Zi Kong Gu You Xian	2201 Interest of corporation controlled by you

Shuoao International Holdings Headlines

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