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Shaanxi Jinye Science Technology and Education Group Co (SZSE:000812) Long-Term Capital Lease Obligation : ¥208 Mil (As of Mar. 2024)


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What is Shaanxi Jinye Science Technology and Education Group Co Long-Term Capital Lease Obligation?

Shaanxi Jinye Science Technology and Education Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥208 Mil.

Shaanxi Jinye Science Technology and Education Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥210 Mil) to Dec. 2023 (¥209 Mil) and declined from Dec. 2023 (¥209 Mil) to Mar. 2024 (¥208 Mil).

Shaanxi Jinye Science Technology and Education Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥37 Mil) to Dec. 2022 (¥23 Mil) but then increased from Dec. 2022 (¥23 Mil) to Dec. 2023 (¥209 Mil).


Shaanxi Jinye Science Technology and Education Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shaanxi Jinye Science Technology and Education Group 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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Shaanxi Jinye Science Technology and Education Group Co Long-Term Capital Lease Obligation Chart

Shaanxi Jinye Science Technology and Education Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.15 37.23 22.60 209.03

Shaanxi Jinye Science Technology and Education Group 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 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 21.94 9.76 209.56 209.03 208.48

Shaanxi Jinye Science Technology and Education Group Co  (SZSE:000812) 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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Shaanxi Jinye Science Technology and Education Group Co (SZSE:000812) Business Description

Traded in Other Exchanges
N/A
Address
No. 100 2nd Ring Road West Section, Jinye Xiandai Zhichuang, 6F, Xi'an, Shanxi, CHN, 710065
Shaanxi Jinye Science Technology And Education Co Ltd engages in the packaging and decorating of printed materials and the operation of high-tech digital printing technology. It is also involved in the education and cultural industries in China.
Executives
Qin Zhong Executives
Xiong Han Cheng Directors, executives
Yuan Han Yuan Director
Yan Kai Secretary Dong
Liang Xin Sheng Executives
Zhou Xin Qing Executives
Zhao Tian Jiao Directors, executives
Wang Zhou Suo Supervisors
Zhang You Qiang Executives
Shen Ke Qin Executives
Cheng Bin Executives
Liang Pei Rong Director
Li Jing Executives
Li Qing Quan Executives
Zhang Chi Lei Executives

Shaanxi Jinye Science Technology and Education Group Co (SZSE:000812) Headlines

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