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Huizhou China Eagle Electronic Technology (SZSE:002579) Long-Term Capital Lease Obligation : ¥4 Mil (As of Mar. 2024)


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What is Huizhou China Eagle Electronic Technology Long-Term Capital Lease Obligation?

Huizhou China Eagle Electronic Technology's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4 Mil.

Huizhou China Eagle Electronic Technology's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥5 Mil) to Dec. 2023 (¥4 Mil) and declined from Dec. 2023 (¥4 Mil) to Mar. 2024 (¥4 Mil).

Huizhou China Eagle Electronic Technology's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥16 Mil) to Dec. 2022 (¥6 Mil) and declined from Dec. 2022 (¥6 Mil) to Dec. 2023 (¥4 Mil).


Huizhou China Eagle Electronic Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for Huizhou China Eagle Electronic Technology'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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Huizhou China Eagle Electronic Technology Long-Term Capital Lease Obligation Chart

Huizhou China Eagle Electronic Technology 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 - 0.94 15.81 6.39 4.32

Huizhou China Eagle Electronic Technology 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 5.27 5.20 4.68 4.32 3.70

Huizhou China Eagle Electronic Technology  (SZSE:002579) 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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Huizhou China Eagle Electronic Technology (SZSE:002579) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Zhongjing Road, Chenjiang Street, Zhongkai High-tech Zone, Guangdong Province, Huizhou, CHN
Huizhou China Eagle Electronic Technology Co Ltd researches and develops, produces, and sells printed circuit boards (PCBs) in China and internationally. Its products include offers high-end multilayer, high-density interconnect, and flexible PCBs. The company's products are used in consumer electronics, network communications, computers, automotive electronics, security industrial controls, medical equipment and artificial intelligence systems, Internet of things, smart wears and AR / VR, drones.
Executives
Wang Qin Sheng Executives
Yang Peng Fei Directors, executives
Duan Lun Yong Executives
Chen Ru Ping Secretary Dong
Huang Ruo Lei Securities Affairs Representative
Liu De Wei Directors, executives
Yu Xiang Bin Directors, Directors, and Executives
Yang Lin Director

Huizhou China Eagle Electronic Technology (SZSE:002579) Headlines

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