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Beijing New Space Technology Co (SHSE:605178) Long-Term Capital Lease Obligation : ¥42.3 Mil (As of Mar. 2025)


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What is Beijing New Space Technology Co Long-Term Capital Lease Obligation?

Beijing New Space Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥42.3 Mil.

Beijing New Space Technology Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥41.6 Mil) to Dec. 2024 (¥42.7 Mil) but then declined from Dec. 2024 (¥42.7 Mil) to Mar. 2025 (¥42.3 Mil).

Beijing New Space Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥4.1 Mil) to Dec. 2023 (¥40.1 Mil) and increased from Dec. 2023 (¥40.1 Mil) to Dec. 2024 (¥42.7 Mil).


Beijing New Space Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Beijing New Space Technology 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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Beijing New Space Technology Co Long-Term Capital Lease Obligation Chart

Beijing New Space Technology 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 5.27 6.80 4.12 40.08 42.67

Beijing New Space Technology 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 37.51 33.93 41.58 42.67 42.27

Beijing New Space Technology Co  (SHSE:605178) 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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Beijing New Space Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Building 15, No.1 Yard, Jinghai 5th Road, Tongzhou District, Beijing, CHN, 101111
Beijing New Space Technology Co Ltd is engaged in technology research and development, consulting and services in the fields of smart city intelligent control systems, intelligent lighting, water fountains, software, computers, stage lighting and sound equipment; organizing cultural and artistic exchange activities (excluding performances); professional contracting of urban and road lighting projects , professional contracting of electronics and intelligent engineering; lighting engineering design; design of water feature fountains, fountain equipment, smart lighting control equipment, sales of lamps, electromechanical equipment, hardware and electronic equipment.
Executives
Jiang Hua Peng senior management

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