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Square Technology Group Co (SHSE:603339) Long-Term Capital Lease Obligation : ¥0 Mil (As of Mar. 2025)


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What is Square Technology Group Co Long-Term Capital Lease Obligation?

Square Technology Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0 Mil.


Square Technology Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Square Technology 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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Square Technology Group Co Long-Term Capital Lease Obligation Chart

Square Technology Group Co Annual Data
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Long-Term Capital Lease Obligation
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Square Technology Group Co Quarterly Data
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Square Technology Group Co  (SHSE:603339) 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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Square Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.3888 Jing Tong Public Road, Tongzhou District, Xingren Town, JiangSu, Nantong, CHN, 226371
Square Technology Group Co Ltd engages in the research, development, manufacture, and supply of cold chain equipment and special containers. It offers plate, spiral, tunnel, and fluidized-bed tunnel freezers; flake ice machines; seafood and battering and breading food processing lines; blast freezers and cold storage solutions; compressor units and refrigerant systems; and other equipment for food processing, as well as turnkey project services for the food processors.
Executives
Zhu Guo Jian senior management
Huang Hua Director
Wang Zhi Yan Director
Yang Yan Chao Director
Li Guo Rong Supervisors
Lou Xiao Hua Director
Yang Xin Hua Supervisors
Huang Jie Director
Huang Xin Ying senior management
Qian Hong Director
Shi Jin Cai senior management
Ji Fa Wei Supervisors

Square Technology Group Co Headlines

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