Sinomach Automobile Co (SHSE:600335) Long-Term Capital Lease Obligation : ¥338 Mil (As of Mar. 2025)

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What is Sinomach Automobile Co Long-Term Capital Lease Obligation?

Sinomach Automobile Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥338 Mil.

Sinomach Automobile Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥380 Mil) to Dec. 2024 (¥311 Mil) but then increased from Dec. 2024 (¥311 Mil) to Mar. 2025 (¥338 Mil).

Sinomach Automobile Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥410 Mil) to Dec. 2023 (¥358 Mil) and declined from Dec. 2023 (¥358 Mil) to Dec. 2024 (¥311 Mil).

Sinomach Automobile Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sinomach Automobile 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.

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Sinomach Automobile Co Long-Term Capital Lease Obligation Chart

Sinomach Automobile Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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306.25

351.47

410.33

357.58

310.68

Sinomach Automobile Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															434.02	421.69	380.14	310.68	338.18

Sinomach Automobile Co (SHSE:600335) 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.

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Sinomach Automobile Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sinomach Automobile Co Ltd (SHSE:600335) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Haitainan North Street, Huayuan Technology Park, New and High-Tech Industrial Development Zone, Tianjin, Tianjin, CHN, 300384

Website

http://www.sinomach-auto.com

Sinomach Automobile Co Ltd covers multi-brand automotive import trade services, automotive engineering contracting and technical services, car rental and second-hand car services, automotive retail services, and other fields. The company mainly sells imported Volkswagen, Chrysler, Jaguar Land Rover, Ford, and other brands of vehicles. It generates the majority of its revenue from the Automotive trade business.

Executives

Fang Zhu	senior management
Xia Wen Di	Director
Chen You Quan	Director

Sinomach Automobile Co Headlines

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