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Uni-Trend Technology (China) Co (SHSE:688628) Long-Term Capital Lease Obligation : ¥23 Mil (As of Mar. 2025)


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What is Uni-Trend Technology (China) Co Long-Term Capital Lease Obligation?

Uni-Trend Technology (China) Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥23 Mil.

Uni-Trend Technology (China) Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥1 Mil) to Dec. 2024 (¥25 Mil) but then declined from Dec. 2024 (¥25 Mil) to Mar. 2025 (¥23 Mil).

Uni-Trend Technology (China) Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥1 Mil) and increased from Dec. 2023 (¥1 Mil) to Dec. 2024 (¥25 Mil).


Uni-Trend Technology (China) Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Uni-Trend Technology (China) 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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Uni-Trend Technology (China) Co Long-Term Capital Lease Obligation Chart

Uni-Trend Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 0.14 - 1.46 25.38

Uni-Trend Technology (China) 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 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 1.43 0.94 0.69 25.38 23.45

Uni-Trend Technology (China) Co  (SHSE:688628) 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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Uni-Trend Technology (China) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Industrial North 1st Road, Songshan Lake High-tech Industrial Zone, Guangdong Province, Dongguan, CHN, 523808
Uni-Trend Technology (China) Co Ltd is engaged in the research and development, production and sales of test and measuring instruments.
Executives
Wu Zhong Liang Core technical personnel
Li Zhi Hai Core technical personnel
Sun Qiao Core technical personnel
Yang Zhi Ling Core technical personnel
Long Ji Zhi Core technical personnel
Wang Shi Ying Director
Zhang Xing Director
Zhou Jian Hua Director
Gan Zong Xiu Director

Uni-Trend Technology (China) Co Headlines

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