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Jiangsu Yinhe Electronics Co (SZSE:002519) Long-Term Capital Lease Obligation : ¥0 Mil (As of Mar. 2024)


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What is Jiangsu Yinhe Electronics Co Long-Term Capital Lease Obligation?

Jiangsu Yinhe Electronics Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil.

Jiangsu Yinhe Electronics Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥0 Mil) to Dec. 2023 (¥1 Mil) but then declined from Dec. 2023 (¥1 Mil) to Mar. 2024 (¥0 Mil).

Jiangsu Yinhe Electronics Co's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥0 Mil) but then increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥1 Mil).


Jiangsu Yinhe Electronics Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jiangsu Yinhe Electronics 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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Jiangsu Yinhe Electronics Co Long-Term Capital Lease Obligation Chart

Jiangsu Yinhe Electronics 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 - - - - 0.70

Jiangsu Yinhe Electronics 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 - - - 0.70 0.49

Jiangsu Yinhe Electronics Co  (SZSE:002519) 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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Jiangsu Yinhe Electronics Co (SZSE:002519) Business Description

Traded in Other Exchanges
N/A
Address
No. 188 NanHuan Road, TangQiao Town, ZhangJiaGang City, JiangSu Province, CHN, 215611
Jiangsu Yinhe Electronics Co Ltd engages in the military, new energy vehicle, and precision sheet metal businesses in China and internationally. The company offers new-energy electric vehicle (EV) products, including intelligent chargers for electric cars; electric scroll compressors; and precision sheet metal products, including power battery boxes for EVs, solar power inverters, high/low voltage transmission and distribution equipment.
Executives
Wu Jian Ming Directors, executives
Xu Min Executives
Wu Gang Directors, executives
Lin Chao Director
Zhang Jia Tao Supervisors
Zhang Jia Shu Executives
Zhang Yong Jun Independent director
Wang Chun Ya Supervisors
Zhang Hong Directors, executives
Xu Ge Securities Affairs Representative
Pang Ying Director
Xue Li Jun Directors, executives
Zhang Shu Hua Supervisors
Li Xin Executives
Bai Xiao Min Director

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