Capital Finance Holdings (HKSE:08239) Long-Term Capital Lease Obligation : HK$1.94 Mil (As of Dec. 2024)

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What is Capital Finance Holdings Long-Term Capital Lease Obligation?

Capital Finance Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$1.94 Mil.

Capital Finance Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (HK$2.17 Mil) to Jun. 2024 (HK$1.90 Mil) but then increased from Jun. 2024 (HK$1.90 Mil) to Dec. 2024 (HK$1.94 Mil).

Capital Finance Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$3.78 Mil) to Dec. 2023 (HK$2.17 Mil) and declined from Dec. 2023 (HK$2.17 Mil) to Dec. 2024 (HK$1.94 Mil).

Capital Finance Holdings Long-Term Capital Lease Obligation Historical Data

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

Capital Finance Holdings Annual Data

Trend

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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4.14

3.99

3.78

2.17

1.94

Capital Finance 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															3.05	-	2.17	1.90	1.94

Capital Finance Holdings (HKSE:08239) 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.

Capital Finance Holdings Long-Term Capital Lease Obligation Related Terms

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Capital Finance Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Capital Finance Holdings Ltd (HKSE:08239) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Suite No. 2, 15th Floor, Tower 1, China Hong Kong City, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.capitalfinance.hk

Capital Finance Holdings Ltd is an investment holding company. Along with its subsidiaries, it provides short-term financing services in the People's Republic of China (PRC) and Hong Kong. Short-term financing comprises pawn loan services, micro-financing services, entrusted loan business, and financial consultancy business. Geographically, it derives maximum revenue from Hong Kong, followed by the PRC.

Executives

Yip Chi Him	2201 Interest of corporation controlled by you
Hsi Technology (hong Kong) Limited	2101 Beneficial owner
Mang Sheung Lok
Dai Di	2201 Interest of corporation controlled by you
Exuberant Global Limited	2101 Beneficial owner
Zhang Wei
Bustling Capital Limited	2101 Beneficial owner
Dai Hao	2202 Interest of your spouse
Jin Yu	2201 Interest of corporation controlled by you
Lam Kwok Hung Raymond	2101 Beneficial owner
Chow Hung Shen Andrew
Chu Chun Kit	2101 Beneficial owner
Li Wei
Hui Kwan Wah Hugo	2103 Interests held jointly with another person
Yip Sze Pui Fione	2103 Interests held jointly with another person

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