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Guangzhou Anyka Microelectronics Co (SHSE:688620) Long-Term Capital Lease Obligation : ¥1.3 Mil (As of Mar. 2024)


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What is Guangzhou Anyka Microelectronics Co Long-Term Capital Lease Obligation?

Guangzhou Anyka Microelectronics Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.3 Mil.

Guangzhou Anyka Microelectronics Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥1.9 Mil) to Dec. 2023 (¥1.6 Mil) and declined from Dec. 2023 (¥1.6 Mil) to Mar. 2024 (¥1.3 Mil).

Guangzhou Anyka Microelectronics Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥1.3 Mil) to Dec. 2022 (¥0.4 Mil) but then increased from Dec. 2022 (¥0.4 Mil) to Dec. 2023 (¥1.6 Mil).


Guangzhou Anyka Microelectronics Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Guangzhou Anyka Microelectronics 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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Guangzhou Anyka Microelectronics Co Long-Term Capital Lease Obligation Chart

Guangzhou Anyka Microelectronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 2.05 1.33 0.39 1.58

Guangzhou Anyka Microelectronics Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 2.17 1.88 1.58 1.29

Guangzhou Anyka Microelectronics Co  (SHSE:688620) 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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Guangzhou Anyka Microelectronics Co (SHSE:688620) Business Description

Traded in Other Exchanges
N/A
Address
No. 107, Bowen Road, Anyka H Building, Huangpu, Guangdong, Guangzhou, CHN, 510555
Guangzhou Anyka Microelectronics Co Ltd is engaged in research & development, design, final testing and sales of IoT smart hardware core SoC chips. It is a leading fabless IC design house that designs and sells the core ICs for IoT (Internet of Things) intelligent hardware. The major products include high definition H.264/H.265 encoder SoC ICs for the IoT camera, Bluetooth (2.0/4.2) SoC ICs for speaker/headset, etc., as well as the application processor (AP) ICs for biometric authentication (e.g. fingerprint/face recognition lock or access control device), smart home, education product, etc.

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