Shenzhen INVT Electric Co (SZSE:002334) Long-Term Capital Lease Obligation : ¥3 Mil (As of Mar. 2025)

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What is Shenzhen INVT Electric Co Long-Term Capital Lease Obligation?

Shenzhen INVT Electric Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥3 Mil.

Shenzhen INVT Electric Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥4 Mil) to Dec. 2024 (¥4 Mil) but then declined from Dec. 2024 (¥4 Mil) to Mar. 2025 (¥3 Mil).

Shenzhen INVT Electric Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥21 Mil) to Dec. 2023 (¥3 Mil) but then increased from Dec. 2023 (¥3 Mil) to Dec. 2024 (¥4 Mil).

Shenzhen INVT Electric Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen INVT Electric 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 INVT Electric Co Long-Term Capital Lease Obligation Chart

Shenzhen INVT Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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57.83

36.94

21.17

3.18

4.29

Shenzhen INVT Electric 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															6.98	5.04	3.73	4.29	3.06

Shenzhen INVT Electric Co (SZSE:002334) 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 INVT Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen INVT Electric Co Ltd (SZSE:002334) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No.4 Building, Gaofa Industrial Park, Long Nanshan District, Shenzhen, CHN, 518055

Website

http://www.invt.com.cn

Shenzhen INVT Electric Co Ltd is an industrial automation and energy power products and service providers. Its business areas cover electrical drive, industrial control, traffic traction, new energy vehicle drive, power, robot and intelligent manufacturing and others. Geographically the activities are carried out through China.

Executives

Huang Shen Li	Director
Yan Guang Min	Directors, executives
Zhang Ke Meng	Directors, executives
Zhang Qing	Directors, executives
Li Ying	Directors, executives
Yang Lin	Director
Sun Bo	Supervisors
Jia Jun	Director
Zhang Bo	Director, Supervisor
Wang Xue Li	Directors, executives
Liu Ji Dong	Director
Zhu Dong Chan	Supervisors
Tang Yi Bo	Supervisors
Liu Ling Fang	Securities Affairs Representative

Shenzhen INVT Electric Co Headlines

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