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Xuan Wu Cloud Technology Holdings (HKSE:02392) Long-Term Capital Lease Obligation : HK$13 Mil (As of Dec. 2023)


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What is Xuan Wu Cloud Technology Holdings Long-Term Capital Lease Obligation?

Xuan Wu Cloud Technology Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$13 Mil.

Xuan Wu Cloud Technology Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$20 Mil) to Jun. 2023 (HK$17 Mil) and declined from Jun. 2023 (HK$17 Mil) to Dec. 2023 (HK$13 Mil).

Xuan Wu Cloud Technology Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$30 Mil) to Dec. 2022 (HK$20 Mil) and declined from Dec. 2022 (HK$20 Mil) to Dec. 2023 (HK$13 Mil).


Xuan Wu Cloud Technology Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Xuan Wu Cloud Technology 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.

Xuan Wu Cloud Technology Holdings Long-Term Capital Lease Obligation Chart

Xuan Wu Cloud Technology Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 6.89 0.32 29.68 20.29 13.00

Xuan Wu Cloud Technology Holdings Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only 29.68 24.73 20.29 17.31 13.00

Xuan Wu Cloud Technology Holdings  (HKSE:02392) 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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Xuan Wu Cloud Technology Holdings (HKSE:02392) Business Description

Traded in Other Exchanges
N/A
Address
38 Haizhou Road, Room 904, 9th Floor, Haizhu District, Guangdong Province, Guangzhou, CHN
Xuan Wu Cloud Technology Holdings Ltd is an intelligent CRM services provider, providing CRM PaaS services and CRM SaaS services to clients. its CRM PaaS services mainly provide cPaaS to encapsulate messaging communication capabilities of the three telecommunication network operators for the customers to be integrated into the customer's business systems, thereby enabling the customers to access and utilize the communication capabilities as a service, and CRM SaaS services comprise of marketing cloud, sales cloud, and service cloud, which enable the Group to provide the customer with one-stop intelligent CRM services throughout their entire business cycle, from initial marketing to aftersales services.
Executives
Song Xiaohu 2201 Interest of corporation controlled by you
Bao Ya Ji Tuan Kong Gu You Xian Gong Si 2101 Beneficial owner
Zheng Hao Huan Qiu Kong Gu You Xian Gong Si 2101 Beneficial owner
Chen Yonghui 2201 Interest of corporation controlled by you
Shanghai Fosun Capital Investment Management Co., Ltd.
Guang Zhou Xuan Dong Tou Zi You Xian He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Shang Ying Huan Qiu You Xian Gong Si 2101 Beneficial owner
Hong Han Huan Qiu You Xian Gong Si 2101 Beneficial owner
Ge Ping 2501 Other
Shanghai Fosun Weishi Investment Management Co., Ltd.
Shanghai Fosun Industrial Investment Co., Ltd.
Shanghai Fosun High Technology (group) Co., Ltd.
Guo Guangchang
Fosun International Limited
Fosun International Holdings Ltd.

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