FY Financial (Shenzhen) Co (HKSE:08452) Long-Term Capital Lease Obligation : HK$4.14 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is FY Financial (Shenzhen) Co Long-Term Capital Lease Obligation?

FY Financial (Shenzhen) Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.14 Mil.

FY Financial (Shenzhen) Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (HK$7.11 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$4.14 Mil).

FY Financial (Shenzhen) Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$0.02 Mil) to Dec. 2022 (HK$6.81 Mil) but then declined from Dec. 2022 (HK$6.81 Mil) to Dec. 2023 (HK$4.14 Mil).

FY Financial (Shenzhen) Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for FY Financial (Shenzhen) Co'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.

* Premium members only.

FY Financial (Shenzhen) Co Long-Term Capital Lease Obligation Chart

FY Financial (Shenzhen) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.09

3.26

0.02

6.81

4.14

FY Financial (Shenzhen) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	7.11	-	4.14	-

FY Financial (Shenzhen) Co (HKSE:08452) 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.

FY Financial (Shenzhen) Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of FY Financial (Shenzhen) Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

FY Financial (Shenzhen) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FY Financial (Shenzhen) Co Ltd (HKSE:08452) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128 Xinzhou 11th Street, Room 1603, Cheung Kei Building, Futian District, Guangdong, Shenzhen, CHN

Website

http://www.fyleasing.com

FY Financial (Shenzhen) Co Ltd is a financial services company. It focuses on providing financial leasing, provision of factoring and advisory services and customer referral services, and the supply of medical equipment in the People's Republic of China region. The group's segment includes Financial and advisory business and Trading operation business. It derives majority of its revenues from a Financial and advisory business.

Executives

A Plus Capital Management Limited	2102 Investment manager
Tiger Capital Fund Spc - Tiger Global Sp	2101 Beneficial owner
Kkc Capital Limited	2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio	2101 Beneficial owner

FY Financial (Shenzhen) Co Headlines

No Headlines