Wasion Holdings (HKSE:03393) Long-Term Capital Lease Obligation : HK$4 Mil (As of Dec. 2023)

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What is Wasion Holdings Long-Term Capital Lease Obligation?

Wasion Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4 Mil.

Wasion Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$5 Mil) to Jun. 2023 (HK$5 Mil) but then declined from Jun. 2023 (HK$5 Mil) to Dec. 2023 (HK$4 Mil).

Wasion Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$11 Mil) to Dec. 2022 (HK$5 Mil) and declined from Dec. 2022 (HK$5 Mil) to Dec. 2023 (HK$4 Mil).

Wasion Holdings Long-Term Capital Lease Obligation Historical Data

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

Wasion Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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2.00

5.14

10.90

5.06

4.15

Wasion 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															10.90	6.49	5.06	5.46	4.15

Wasion Holdings (HKSE:03393) 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.

Wasion Holdings Long-Term Capital Lease Obligation Related Terms

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Wasion Holdings (HKSE:03393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wasion Holdings Ltd (HKSE:03393) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 2605, 26th Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.wasion.com

Wasion Holdings Ltd supplies energy metering products. The firm has three segments: Communication & fluid Advanced metering infrastructure segment, which engages in the development, manufacture, and sale of communication terminals and water, gas, and heat metering products; Power Advanced Metering Infrastructure segment develops, manufactures, and sells smart power meters and provides respective system solutions; Advanced Distribution Operations segment is engaged in the manufacture and sale of smart power distribution devices and providing smart power distribution solutions and energy efficiency solutions. Its geographical segments are China, the Middle East, South America, Africa, Asia (except PRC), Europe, and Others, of which the majority of its revenue comes from China.

Wasion Holdings (HKSE:03393) Headlines

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