Topsports International Holdings (HKSE:06110) Long-Term Capital Lease Obligation : HK$1,200 Mil (As of Feb. 2025)

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

Topsports International Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2025 was HK$1,200 Mil.

Topsports International Holdings's quarterly Long-Term Capital Lease Obligation increased from Feb. 2024 (HK$1,194 Mil) to Aug. 2024 (HK$1,354 Mil) but then declined from Aug. 2024 (HK$1,354 Mil) to Feb. 2025 (HK$1,200 Mil).

Topsports International Holdings's annual Long-Term Capital Lease Obligation declined from Feb. 2023 (HK$1,700 Mil) to Feb. 2024 (HK$1,194 Mil) but then increased from Feb. 2024 (HK$1,194 Mil) to Feb. 2025 (HK$1,200 Mil).

Topsports International Holdings Long-Term Capital Lease Obligation Historical Data

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

Topsports International Holdings Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Long-Term Capital Lease Obligation

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2,795.32

2,422.28

1,700.01

1,194.01

1,199.80

Topsports International Holdings Semi-Annual Data
	Feb17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial											1,700.01	1,302.01	1,194.01	1,354.29	1,199.80

Topsports International Holdings (HKSE:06110) 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.

Topsports International Holdings Long-Term Capital Lease Obligation Related Terms

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Topsports International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topsports International Holdings Ltd (HKSE:06110) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TPSRF:USA

Address

30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG

Website

https://www.topsports.com.cn

Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers seeking to buy sportswear. The firm operates more than 5,000 stores directly as of the end of fiscal 2025, and most of these "single-brand" stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. In addition to these two sportswear giants, Topsports also has partnerships with sportswear brands such as Puma, Li Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

Executives

Tmf (cayman) Ltd.	2301 Trustee
Credit Suisse Trust Limited	2301 Trustee
Hhbh Investment, L.p.	2201 Interest of corporation controlled by you
Hillhouse Capital Management, Ltd.	2102 Investment manager
Hillhouse Hhbh Holdings Limited	2101 Beneficial owner
Hillhouse Hhbh Limited	2201 Interest of corporation controlled by you
Zhi Zhe Chuang Ye You Xian Gong Si	2101 Beneficial owner
Belle International Holdings Limited	2201 Interest of corporation controlled by you
Muse Holdings-b Inc.	2201 Interest of corporation controlled by you
Muse Holdings-m Inc.	2201 Interest of corporation controlled by you
Bai Li Ti Yu You Xian Gong Si	2101 Beneficial owner

Topsports International Holdings Headlines

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