Shenzhen United Winners Laser Co (SHSE:688518) Long-Term Capital Lease Obligation : ¥4 Mil (As of Mar. 2024)

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What is Shenzhen United Winners Laser Co Long-Term Capital Lease Obligation?

Shenzhen United Winners Laser Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4 Mil.

Shenzhen United Winners Laser Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥4 Mil) to Dec. 2023 (¥7 Mil) but then declined from Dec. 2023 (¥7 Mil) to Mar. 2024 (¥4 Mil).

Shenzhen United Winners Laser Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥8 Mil) to Dec. 2022 (¥2 Mil) but then increased from Dec. 2022 (¥2 Mil) to Dec. 2023 (¥7 Mil).

Shenzhen United Winners Laser Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen United Winners Laser 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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Shenzhen United Winners Laser Co Long-Term Capital Lease Obligation Chart

Shenzhen United Winners Laser Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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21.87

8.02

2.39

7.41

Shenzhen United Winners Laser Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.47	3.05	3.57	7.41	3.80

Shenzhen United Winners Laser Co (SHSE:688518) 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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Shenzhen United Winners Laser Co (SHSE:688518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen United Winners Laser Co Ltd (SHSE:688518) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

3370 Liuxian Avenue, Taoyuan Street, 1203, Building 2, Chongwen Park, Nanshan Zhiyuan, Fuguang Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055

Website

http://www.uwlaser.com

Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.

Executives

Zhou Hang	Core technical personnel
Lu Guo Jie	senior management
Qin Lei	senior management
Xie Qiang	senior management
Li Yi	senior management
Guo Zi Ran	senior management
Niu Zeng Qiang	Director
Han Jin Long	Director
Jia Song	Director

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