Gstarsoft Co (SHSE:688657) Long-Term Capital Lease Obligation : ¥0.2 Mil (As of Mar. 2024)

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What is Gstarsoft Co Long-Term Capital Lease Obligation?

Gstarsoft Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.2 Mil.

Gstarsoft Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥0.4 Mil) to Dec. 2023 (¥0.3 Mil) and declined from Dec. 2023 (¥0.3 Mil) to Mar. 2024 (¥0.2 Mil).

Gstarsoft Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥0.4 Mil) to Dec. 2022 (¥0.1 Mil) but then increased from Dec. 2022 (¥0.1 Mil) to Dec. 2023 (¥0.3 Mil).

Gstarsoft Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gstarsoft 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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Gstarsoft Co Long-Term Capital Lease Obligation Chart

Gstarsoft Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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0.73

0.42

0.13

0.29

Gstarsoft Co Quarterly Data
	Dec12	Dec13	Jun14	Dec14	Jun15	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	0.14	0.39	0.29	0.20

Gstarsoft Co (SHSE:688657) 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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Gstarsoft Co (SHSE:688657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gstarsoft Co Ltd (SHSE:688657) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

No. 286, Dongping Street, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123

Website

https://www.gstarcad.com

Gstarsoft Co Ltd Is engaged in research & development, promotion and sales of CAD-related software. It provides users with Haochen CAD, Haochen 3D, Products such as Haochen CAD Viewer and related services surrounding the aforementioned products.

Executives

Lu Xiang	Directors, senior managers, core technical personn
Li Zhang Chun	Core technical personnel
Wang Wei	Core technical personnel
Li Ming Jin	Core technical personnel
Wu Hai Long	Core technical personnel
Liang Jiang	Directors, senior managers, core technical personn
Yu Huai Gu	senior management
Deng Li Qun	Senior management, core technical personnel
Huang Mei Yu	senior management
Ding Guo Yun	senior management
Liang Hai Xia	senior management
Hu Li Xin	Director
Pan Li	Directors, senior managers, core technical personn

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