Shenzhen Sdg Information Co (SZSE:000070) Long-Term Capital Lease Obligation : ¥100 Mil (As of Mar. 2024)

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What is Shenzhen Sdg Information Co Long-Term Capital Lease Obligation?

Shenzhen Sdg Information Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥100 Mil.

Shenzhen Sdg Information Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥121 Mil) to Dec. 2023 (¥98 Mil) but then increased from Dec. 2023 (¥98 Mil) to Mar. 2024 (¥100 Mil).

Shenzhen Sdg Information Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥143 Mil) to Dec. 2022 (¥100 Mil) and declined from Dec. 2022 (¥100 Mil) to Dec. 2023 (¥98 Mil).

Shenzhen Sdg Information Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen Sdg Information 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 Sdg Information Co Long-Term Capital Lease Obligation Chart

Shenzhen Sdg Information Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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97.80

143.34

99.84

98.11

Shenzhen Sdg Information 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															100.96	104.16	120.86	98.11	99.52

Shenzhen Sdg Information Co (SZSE:000070) 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 Sdg Information Co (SZSE:000070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Sdg Information Co Ltd (SZSE:000070) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 2 Kefeng Road, Communications Building, Nanshan Technology Park, Shenzhen, Guangdong, CHN, 518057

Website

http://www.sdgi.com.cn

Shenzhen Sdg Information Co Ltd is engaged in developing and focusing on the research and development and production of fiber optic cable, wiring network equipment, and communication equipment. The products of the company include optical fiber distribution frame, cable transfer box, splitter, single mode fiber, and low loss single mode fiber.

Executives

Zhang Sui	Supervisors
Yang Hong Yu	Directors, executives
Wang Bao	Director
Liu Yan	Supervisors
Cheng Peng	Executives
Luo Tao	Executives
Zhang Da Jun	Secretary Dong
Liu Yang	Executives
Jiang Qin Jian	Directors, executives
Chen Hua	Directors, executives
Wang Hai Lin	Executives
Li Bin Xue	Supervisors
Lu Bing Yi	Supervisors
Guo Yue	Executives
Guo Jian Min	Executives

Shenzhen Sdg Information Co (SZSE:000070) Headlines

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