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Sing Lee Software (Group) (HKSE:08076) Long-Term Capital Lease Obligation : HK$0.00 Mil (As of Dec. 2024)


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What is Sing Lee Software (Group) Long-Term Capital Lease Obligation?

Sing Lee Software (Group)'s Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$0.00 Mil.


Sing Lee Software (Group) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sing Lee Software (Group)'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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Sing Lee Software (Group) Long-Term Capital Lease Obligation Chart

Sing Lee Software (Group) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
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Sing Lee Software (Group) 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 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 Premium Member Only 0.02 - - - -

Sing Lee Software (Group)  (HKSE:08076) 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.

Sing Lee Software (Group) Long-Term Capital Lease Obligation Related Terms

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Sing Lee Software (Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 158, Zixuan Road, 16th Floor, Building 9, West City Best Space, Sandun, Xihu District, Hangzhou, CHN, 310030
Sing Lee Software (Group) Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the development and sale of information and network technologies and providing services to the financial industry in the People's Republic of China (PRC). The operating segments of the group include the Provision of technical support services, which generates maximum revenue, Sales of software products, and Sales of hardware products.
Executives
Zang Jingjing 2101 Beneficial owner
Li Dong 2101 Beneficial owner
Hung Yung Lai
Goldcorp Industrial Limited
Great Song Enterprises Limited
Li Kei Ling
Iu Pun
Lin Xue Xin 2101 Beneficial owner
Zhou Cuilian 2202 Interest of your spouse
Lei Ying 2202 Interest of your spouse

Sing Lee Software (Group) Headlines

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