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ZhongTongGuoMai Communication Co (SHSE:603559) Long-Term Capital Lease Obligation : ¥0.0 Mil (As of Mar. 2025)


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What is ZhongTongGuoMai Communication Co Long-Term Capital Lease Obligation?

ZhongTongGuoMai Communication Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0.0 Mil.

ZhongTongGuoMai Communication Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥0.3 Mil) to Dec. 2024 (¥0.1 Mil) and declined from Dec. 2024 (¥0.1 Mil) to Mar. 2025 (¥0.0 Mil).

ZhongTongGuoMai Communication Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥0.3 Mil) to Dec. 2023 (¥0.6 Mil) but then declined from Dec. 2023 (¥0.6 Mil) to Dec. 2024 (¥0.1 Mil).


ZhongTongGuoMai Communication Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for ZhongTongGuoMai Communication 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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ZhongTongGuoMai Communication Co Long-Term Capital Lease Obligation Chart

ZhongTongGuoMai Communication Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.00 0.25 0.61 0.13

ZhongTongGuoMai Communication 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.35 0.27 0.13 0.04

ZhongTongGuoMai Communication Co  (SHSE:603559) 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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ZhongTongGuoMai Communication Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6399, Nanhu Road, Jilin Province, Changchun, CHN, 130012
ZhongTongGuoMai Communication Co Ltd is the communication technology service provider in China. The company undertakes the communication network engineering consulting, surveying and design and construction activities; and communication network system operation and maintenance services. The communication technology services provided by the company mainly include two types of communication network engineering services and communication network maintenance services. The network engineering service refers to the construction of communication lines and communication pipes at the network level such as the core network, the transmission network and the access network.
Executives
Wang Shi Chao Director
Li Chun Tian Director
Qu Guo Li Supervisors
Zhang Jian Min senior management
Zhou Cai Hua Directors, senior managers
Zhang Xian Kun Director
Meng Qi senior management
Ma Si Long Supervisors
Zhang Li Yan senior management
Tang Zhi Yuan Director
Yu Sheng Xiang Director
Wang Zhen Gang Director

ZhongTongGuoMai Communication Co Headlines

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