Shuhua Sports Co (SHSE:605299) Long-Term Capital Lease Obligation : ¥28 Mil (As of Mar. 2025)

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What is Shuhua Sports Co Long-Term Capital Lease Obligation?

Shuhua Sports Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥28 Mil.

Shuhua Sports Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥16 Mil) to Dec. 2024 (¥28 Mil) and increased from Dec. 2024 (¥28 Mil) to Mar. 2025 (¥28 Mil).

Shuhua Sports Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥11 Mil) to Dec. 2023 (¥16 Mil) and increased from Dec. 2023 (¥16 Mil) to Dec. 2024 (¥28 Mil).

Shuhua Sports Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shuhua Sports 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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Shuhua Sports Co Long-Term Capital Lease Obligation Chart

Shuhua Sports Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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2.23

3.55

10.52

15.91

28.14

Shuhua Sports 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															18.24	17.87	15.78	28.14	28.31

Shuhua Sports Co (SHSE:605299) 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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Shuhua Sports Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shuhua Sports Co Ltd (SHSE:605299) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shichun Industrial Zone, Chidian, Fujian Province, Jinjiang, CHN, 362212

Website

http://www.shuhua.cn

Shuhua Sports Co Ltd is a provider of fitness equipment and health solutions in China. It has four production bases and two operation centers in China. The company offers home fitness, commercial fitness, physical training, campus sports and various others. Its global business covers more than 60 countries and regions, including Europe and the United States, the Middle East and Southeast Asia.

Executives

Wu Duan Xin	Directors, senior managers
Fu Jian Mu	Directors, senior managers
Li Xiao Feng	senior management
Huang Shi Xiong	Directors, senior managers
Zhang Ru Shou	senior management

Shuhua Sports Co Headlines

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