Chinatellite Communications Co (SHSE:601698) Long-Term Capital Lease Obligation : ¥99 Mil (As of Mar. 2025)

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What is Chinatellite Communications Co Long-Term Capital Lease Obligation?

Chinatellite Communications Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥99 Mil.

Chinatellite Communications Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥119 Mil) to Dec. 2024 (¥100 Mil) and declined from Dec. 2024 (¥100 Mil) to Mar. 2025 (¥99 Mil).

Chinatellite Communications Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥147 Mil) to Dec. 2023 (¥131 Mil) and declined from Dec. 2023 (¥131 Mil) to Dec. 2024 (¥100 Mil).

Chinatellite Communications Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chinatellite Communications 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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Chinatellite Communications Co Long-Term Capital Lease Obligation Chart

Chinatellite Communications Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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150.49

144.17

147.08

130.79

99.96

Chinatellite Communications 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															130.75	120.61	119.15	99.96	99.31

Chinatellite Communications Co (SHSE:601698) 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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Chinatellite Communications Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Satellite Communications Co Ltd (SHSE:601698) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 59, Houchangcun Road, Haidian District, Beijing, CHN

Website

http://www.chinasatcom.com

China Satellite Communications Co Ltd is engaged in the development and management of communication and broadcasting satellite systems; the design and development of satellite ground application systems and related equipment. It also offers technical consulting, engineering design, engineering contracting services related to the satellite business.

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