ANE (Cayman) (HKSE:09956) Long-Term Capital Lease Obligation : HK$528 Mil (As of Jun. 2023)

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What is ANE (Cayman) Long-Term Capital Lease Obligation?

ANE (Cayman)'s Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$528 Mil.

ANE (Cayman)'s quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 (HK$651 Mil) to Dec. 2022 (HK$570 Mil) and declined from Dec. 2022 (HK$570 Mil) to Jun. 2023 (HK$528 Mil).

ANE (Cayman)'s annual Long-Term Capital Lease Obligation increased from Dec. 2020 (HK$592 Mil) to Dec. 2021 (HK$873 Mil) but then declined from Dec. 2021 (HK$873 Mil) to Dec. 2022 (HK$570 Mil).

ANE (Cayman) Long-Term Capital Lease Obligation Historical Data

The historical data trend for ANE (Cayman)'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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ANE (Cayman) Long-Term Capital Lease Obligation Chart

ANE (Cayman) Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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546.85

592.48

873.33

569.93

592.12

ANE (Cayman) Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				873.33	651.27	569.93	528.27	592.12

ANE (Cayman) (HKSE:09956) 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.

ANE (Cayman) Long-Term Capital Lease Obligation Related Terms

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ANE (Cayman) (HKSE:09956) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ANE (Cayman) Inc (HKSE:09956) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

999 Huaxu Road, 8th Floor, Block B, E Linke World North District, Xujing Town, Qingpu District, Shanghai, CHN

Website

https://www.ane56.com

ANE (Cayman) Inc is a express freight network in China's less-than-truckload market. The Company mainly provide transportation services, value-added services and dispatch services to their freight partners, direct customers The company's business has one single operating segment namely provision of transportation and related services.

Executives

Qin Xinghua	2101 Beneficial owner
Wang Yongjun	2201 Interest of corporation controlled by you
Liu Haiyan	2501 Other
Zhu Jianhui	2501 Other
Advance Step Holdings Limited	2201 Interest of corporation controlled by you
Centurium Capital Partners 2018, L.p.	2201 Interest of corporation controlled by you
Topaz Gem Investment Holdings Limited	2101 Beneficial owner
Cdf Ane Limited	2501 Other
Max Choice Ventures Limited	2101 Beneficial owner
Trident Trust Company (hk) Limited	2301 Trustee

ANE (Cayman) (HKSE:09956) Headlines

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