Willfar Information Technology Co (SHSE:688100) Long-Term Capital Lease Obligation : ¥4 Mil (As of Mar. 2025)

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What is Willfar Information Technology Co Long-Term Capital Lease Obligation?

Willfar Information Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥4 Mil.

Willfar Information Technology Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥4 Mil) to Dec. 2024 (¥4 Mil) but then declined from Dec. 2024 (¥4 Mil) to Mar. 2025 (¥4 Mil).

Willfar Information Technology Co's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥0 Mil) but then increased from Dec. 2023 (¥0 Mil) to Dec. 2024 (¥4 Mil).

Willfar Information Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Willfar Information 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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Willfar Information Technology Co Long-Term Capital Lease Obligation Chart

Willfar Information Technology Co Annual Data

Trend

Dec16

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Dec24

Long-Term Capital Lease Obligation

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4.22

Willfar Information 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															5.07	4.36	3.63	4.22	3.64

Willfar Information Technology Co (SHSE:688100) 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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Willfar Information Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Willfar Information Technology Co Ltd (SHSE:688100) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No.468, Tongzipo West Road, High-tech Industrial Development Zone, Hunan Province, Changsha, CHN, 410205

Website

http://www.willfar.com

Willfar Information Technology Co Ltd is engaged in production and sales of software and hardware products at all levels of the Internet of Things, such as electric monitoring terminals, water and gas heat sensing terminals, communication gateways, communication modules, and smart utility management system software.

Executives

Xu Jian	Core technical personnel
Xiao Lin Song	Core technical personnel
Fan Lv	Director, core technical staff
Ma Liang	Core technical personnel
Li Xian Huai	Director, core technical staff
Wang Xue Xin	Director, core technical staff
Zhu Zheng Jian	Core technical personnel
Zhong Xi Yu	senior management
Zhang Zhen Hua	Director
Cheng Li Yan	Supervisors
Li Hong	Director

Willfar Information Technology Co Headlines

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