Janco Holdings (HKSE:08035) Long-Term Capital Lease Obligation : HK$20.3 Mil (As of Dec. 2024)

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What is Janco Holdings Long-Term Capital Lease Obligation?

Janco Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$20.3 Mil.

Janco Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (HK$7.7 Mil) to Jun. 2024 (HK$30.5 Mil) but then declined from Jun. 2024 (HK$30.5 Mil) to Dec. 2024 (HK$20.3 Mil).

Janco Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$16.1 Mil) to Dec. 2023 (HK$7.7 Mil) but then increased from Dec. 2023 (HK$7.7 Mil) to Dec. 2024 (HK$20.3 Mil).

Janco Holdings Long-Term Capital Lease Obligation Historical Data

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

Janco Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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9.98

20.43

16.10

7.68

20.30

Janco Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															13.68	-	7.68	30.49	20.30

Janco Holdings (HKSE:08035) 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.

Janco Holdings Long-Term Capital Lease Obligation Related Terms

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Janco Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Janco Holdings Ltd (HKSE:08035) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No. 223 Wai Yip Street, Unit 1608, 16th Floor, Tower A, Manulife Financial Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.jancofreight.com

Janco Holdings Ltd is a freight forwarding and logistics service provider. The company's operating segments are Freight forwarding which includes the provision of air freight and ocean freight forwarding services; Logistics and warehousing includes the provision of warehousing and other ancillary logistics services; and E-Commerce deals in the trading of electronic products through an online platform, It generates a majority of its revenue from Freight forwarding segment. The group's operations are located in Hong Kong.

Executives

Cheng Hon Yat	2202 Interest of your spouse
Tai Choi Wan Noel	2201 Interest of corporation controlled by you
Pacific Crouch Limited	2101 Beneficial owner
Million Venture Holdings Limited	2101 Beneficial owner
Chan Chun Shing Otto	2101 Beneficial owner

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