Shanghai Highly Group Co (SHSE:600619) Long-Term Capital Lease Obligation : ¥226 Mil (As of Mar. 2025)

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What is Shanghai Highly Group Co Long-Term Capital Lease Obligation?

Shanghai Highly Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥226 Mil.

Shanghai Highly Group Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥82 Mil) to Dec. 2024 (¥223 Mil) and increased from Dec. 2024 (¥223 Mil) to Mar. 2025 (¥226 Mil).

Shanghai Highly Group Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥40 Mil) to Dec. 2023 (¥83 Mil) and increased from Dec. 2023 (¥83 Mil) to Dec. 2024 (¥223 Mil).

Shanghai Highly Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shanghai Highly Group 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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Shanghai Highly Group Co Long-Term Capital Lease Obligation Chart

Shanghai Highly Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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70.18

40.18

83.26

223.14

Shanghai Highly Group 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															84.85	89.89	82.11	223.14	225.87

Shanghai Highly Group Co (SHSE:600619) 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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Shanghai Highly Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Highly Group Co Ltd (SHSE:600619) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

900910:China

Address

No. 888 Ningqiao Road, Jinqiao Export Processing Zone, Pudong, Shanghai, Shanghai, CHN, 201206

Website

http://www.highly.cc

Shanghai Highly Group Co Ltd is a China-based company. It is principally engaged in the research and development, production and sales of compressors and related refrigeration equipment.

Executives

Zhuang Hua	Directors, senior managers
Zheng Jian Dong	Directors, senior managers
Luo Min	senior management
Zheng Min	senior management
Yuan Yuan	senior management
Ge Ming	Director
Xin Yi	Supervisors
Shen Jian Fang	Director
Feng Guo Dong	Director
Li Li	Supervisors
Qin Wen Jun	senior management
Guo Zhu Ping	Director
Lv Kang Chu	Supervisors
Dong Xiao Qing	Director
Li Li	Supervisors

Shanghai Highly Group Co Headlines

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