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Beijing Jingwei Hirain Technologies Co (SHSE:688326) Long-Term Capital Lease Obligation : ¥35 Mil (As of Mar. 2025)


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What is Beijing Jingwei Hirain Technologies Co Long-Term Capital Lease Obligation?

Beijing Jingwei Hirain Technologies Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥35 Mil.

Beijing Jingwei Hirain Technologies Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥43 Mil) to Dec. 2024 (¥41 Mil) and declined from Dec. 2024 (¥41 Mil) to Mar. 2025 (¥35 Mil).

Beijing Jingwei Hirain Technologies Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥85 Mil) to Dec. 2023 (¥66 Mil) and declined from Dec. 2023 (¥66 Mil) to Dec. 2024 (¥41 Mil).


Beijing Jingwei Hirain Technologies Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Beijing Jingwei Hirain Technologies 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 Jingwei Hirain Technologies Co Long-Term Capital Lease Obligation Chart

Beijing Jingwei Hirain Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 50.21 44.58 85.11 65.96 41.07

Beijing Jingwei Hirain Technologies Co Quarterly Data
Dec18 Dec19 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 56.77 50.60 42.72 41.07 35.16

Beijing Jingwei Hirain Technologies Co  (SHSE:688326) 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 Jingwei Hirain Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No. 14 Jiuxianqiao Road, 4th Floor, Building 1, Chaoyang District, Beijing, CHN, 100015
Beijing Jingwei Hirain Technologies Co Inc is engaged in providing electronic products, research and development services and solutions, and high-level intelligent driving overall solutions for customers in the fields of automobiles, high-end equipment, and unmanned transportation.
Executives
Ji Ying Cun Directors, senior managers
Cui Wen Ge Supervisors

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