Hainan Jinpan Smart Technology Co (SHSE:688676) Long-Term Capital Lease Obligation : ¥48 Mil (As of Mar. 2025)

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What is Hainan Jinpan Smart Technology Co Long-Term Capital Lease Obligation?

Hainan Jinpan Smart Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥48 Mil.

Hainan Jinpan Smart Technology Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥53 Mil) to Dec. 2024 (¥45 Mil) but then increased from Dec. 2024 (¥45 Mil) to Mar. 2025 (¥48 Mil).

Hainan Jinpan Smart Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥12 Mil) to Dec. 2023 (¥16 Mil) and increased from Dec. 2023 (¥16 Mil) to Dec. 2024 (¥45 Mil).

Hainan Jinpan Smart Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hainan Jinpan Smart Technology 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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Hainan Jinpan Smart Technology Co Long-Term Capital Lease Obligation Chart

Hainan Jinpan Smart Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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10.67

4.26

12.32

16.11

45.42

Hainan Jinpan Smart Technology 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															18.08	44.20	53.09	45.42	47.66

Hainan Jinpan Smart Technology Co (SHSE:688676) 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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Hainan Jinpan Smart Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hainan Jinpan Smart Technology Co Ltd (SHSE:688676) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-39 Nanhai Avenue, Hainan Province, Haikou, CHN, 570216

Website

http://www.jst.com.cn

Hainan Jinpan Smart Technology Co Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment products used in the fields of new energy, high-end equipment, energy conservation and environmental protection. Products are sold all over the country and exported to more than 70 countries and regions around the world.

Executives

Wang Yao Qiang	Core technical personnel
Geng Xiao	Core technical personnel
Wang Wei	Core technical personnel
Liu Ling	Core technical personnel
Wang Rong Wang	Core technical personnel
Liu Shu Hua	Core technical personnel
Shen Li	senior management
Xi Xiao Long	Core technical personnel
Tan Tan	Core technical personnel
Huang Dao Jun	senior management

Hainan Jinpan Smart Technology Co Headlines

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