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Plus Group Holdings (HKSE:02486) Long-Term Capital Lease Obligation : HK$0.0 Mil (As of Dec. 2023)


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What is Plus Group Holdings Long-Term Capital Lease Obligation?

Plus Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil.

Plus Group Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$0.1 Mil) to Jun. 2023 (HK$0.1 Mil) but then declined from Jun. 2023 (HK$0.1 Mil) to Dec. 2023 (HK$0.0 Mil).

Plus Group Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$2.6 Mil) to Dec. 2022 (HK$0.1 Mil) and declined from Dec. 2022 (HK$0.1 Mil) to Dec. 2023 (HK$0.0 Mil).


Plus Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Plus Group 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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Plus Group Holdings Long-Term Capital Lease Obligation Chart

Plus Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
4.23 2.61 0.06 0.01

Plus Group Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 2.61 - 0.06 0.12 0.01

Plus Group Holdings  (HKSE:02486) 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.

Plus Group Holdings Long-Term Capital Lease Obligation Related Terms

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Plus Group Holdings (HKSE:02486) Business Description

Traded in Other Exchanges
N/A
Address
No. 652 Changshou Road, 2nd Floor–3rd Floor, Building 6, Putuo, Shanghai, CHN
Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on market-leading FMCG brand owners. Its services aim at digitalizing and systemizing offline commerce. The company offers four types of services, including (i) on-site solution; (ii) field force assignment; (iii) matching service; and (iv) SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the On-site solution services. The on-site solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.
Executives
Sun Guangjun 2201 Interest of corporation controlled by you
Tan Hui 2202 Interest of your spouse
Trident Trust Company (hk) Limited 2301 Trustee
Guangjun Holdings Limited 2101 Beneficial owner
Summit Plus International Holding Limited 2201 Interest of corporation controlled by you
Guangjun Sun Holdings Limited 2101 Beneficial owner
Junshu Holdings Limited 2201 Interest of corporation controlled by you
Xia Jingtang 2201 Interest of corporation controlled by you
Yan Xiaohang 2202 Interest of your spouse
Kuwei Holdings Limited 2101 Beneficial owner
Cmb Wing Lung (trustee) Limited 2301 Trustee
Plus Group 2023 Limited 2101 Beneficial owner
Hannah Xia Holdings Limited 2101 Beneficial owner
Jonson Xia Smile Family Holdings Limited 2201 Interest of corporation controlled by you

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