Newland Digital Technology Co (SZSE:000997) Long-Term Capital Lease Obligation : ¥17 Mil (As of Mar. 2025)

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What is Newland Digital Technology Co Long-Term Capital Lease Obligation?

Newland Digital Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥17 Mil.

Newland Digital Technology Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥19 Mil) to Dec. 2024 (¥16 Mil) but then increased from Dec. 2024 (¥16 Mil) to Mar. 2025 (¥17 Mil).

Newland Digital Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥19 Mil) to Dec. 2023 (¥26 Mil) but then declined from Dec. 2023 (¥26 Mil) to Dec. 2024 (¥16 Mil).

Newland Digital Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Newland Digital 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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Newland Digital Technology Co Long-Term Capital Lease Obligation Chart

Newland Digital Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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14.99

11.70

18.61

25.77

15.77

Newland Digital 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															22.88	22.40	18.66	15.77	16.73

Newland Digital Technology Co (SZSE:000997) 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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Newland Digital Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newland Digital Technology Co Ltd (SZSE:000997) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No.1 Rujiang West Road, New World Science and Technology Park, Mawei District, Fujian Province, Fuzhou, CHN, 350015

Website

http://www.newlandcomputer.com

Newland Digital Technology Co Ltd, formerly Fujian Newland Computer Co Ltd is an IT products and services provider in China. It provides solutions for barcode recognition, financial payment, mobile and other communications, traffic information and internet finance activities. The company offers barcode recognition technology, POS machines for electronic financial payment, intelligent transportation solutions, cloud computing and big data services, online to offline two-dimensional code marketing services and other solutions. In addition, it provides solutions which integrates software development, hardware manufacturing and system integration in the field of food safety.

Executives

Wang Jing	Director
Liu Qing Tao	Executives
Chen Ji Sheng	Supervisors
Lin Jian	Directors, executives
Lin Jian Ping	Securities Affairs Representative
Wang Xian Fu	Supervisors
Xu Cheng Jian	Supervisors
Hu Gang	Director
Lin Xue Jie	Director
Lin Zheng Rong	Supervisors
Qi Hong	Executives
Sun Ya Li	Directors, executives
Zhang Tie Jun	Director
Xu Zhi Ling	Executives
Chen Xiang Jie	Executives

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