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JNBY Design (HKSE:03306) Long-Term Capital Lease Obligation : HK$209 Mil (As of Dec. 2023)


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What is JNBY Design Long-Term Capital Lease Obligation?

JNBY Design's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$209 Mil.

JNBY Design's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$244 Mil) to Jun. 2023 (HK$240 Mil) and declined from Jun. 2023 (HK$240 Mil) to Dec. 2023 (HK$209 Mil).

JNBY Design's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (HK$152 Mil) to Jun. 2022 (HK$197 Mil) and increased from Jun. 2022 (HK$197 Mil) to Jun. 2023 (HK$240 Mil).


JNBY Design Long-Term Capital Lease Obligation Historical Data

The historical data trend for JNBY Design'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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JNBY Design Long-Term Capital Lease Obligation Chart

JNBY Design Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 72.08 151.84 197.00 240.14

JNBY Design Semi-Annual Data
Jun14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 571.61 197.00 244.34 240.14 209.24

JNBY Design  (HKSE:03306) 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.

JNBY Design Long-Term Capital Lease Obligation Related Terms

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JNBY Design (HKSE:03306) Business Description

Traded in Other Exchanges
Address
No. 398 Tianmushan Road, Building 2-6, OELi, Xihu District, Zhejiang Province, Hangzhou, CHN
JNBY Design Ltd is a designer brand fashion house based in China. The company designs, promote, and sells contemporary apparel, footwear, and accessories for women, men, children, and teenagers as well as household products. Its brand portfolio comprises of JNBY, CROQUIS, jnby by JNBY, less, POMME DE TERRE, and JNBYHOME. The company operates in three segments: Mature Brand, Younger brands, and Emerging brands. Geographically, it generates the majority of the revenue from Mainland China and also from Mature Brand segment.
Executives
Li Lin 2307 Founder of a discretionary trust who can infl
Ninth Investment Limited 2101 Beneficial owner
Cititrust Private Trust (cayman) Limited 2301 Trustee
Li Family Capital Limited 2201 Interest of corporation controlled by you
Wu Jian 2307 Founder of a discretionary trust who can infl
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Ninth Capital Limited 2101 Beneficial owner
Wu Family Capital Limited 2201 Interest of corporation controlled by you
Energetic Design Limited 2306 Nominee for another person

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