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Shenzhen Jieshun Science and Technology Industry Co (SZSE:002609) Long-Term Capital Lease Obligation : ¥149 Mil (As of Mar. 2024)


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What is Shenzhen Jieshun Science and Technology Industry Co Long-Term Capital Lease Obligation?

Shenzhen Jieshun Science and Technology Industry Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥149 Mil.

Shenzhen Jieshun Science and Technology Industry Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥124 Mil) to Dec. 2023 (¥141 Mil) and increased from Dec. 2023 (¥141 Mil) to Mar. 2024 (¥149 Mil).

Shenzhen Jieshun Science and Technology Industry Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥12 Mil) to Dec. 2022 (¥168 Mil) but then declined from Dec. 2022 (¥168 Mil) to Dec. 2023 (¥141 Mil).


Shenzhen Jieshun Science and Technology Industry Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen Jieshun Science and Technology Industry 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 Jieshun Science and Technology Industry Co Long-Term Capital Lease Obligation Chart

Shenzhen Jieshun Science and Technology Industry 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 - 12.46 11.59 167.95 140.96

Shenzhen Jieshun Science and Technology Industry 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 167.95 133.46 123.61 140.96 148.67

Shenzhen Jieshun Science and Technology Industry Co  (SZSE:002609) 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 Jieshun Science and Technology Industry Co (SZSE:002609) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Longwei Road, Meilin Street, Jieshun Technology, Futian District, Guangdong Province, Shenzhen, CHN, 518049
Shenzhen Jieshun Science and Technology Industry Co Ltd is a China-based access control and management company. It offers a full range of equipment and intelligent security system solutions. The company offers products in the categories of parking management system, parking guidance system, access control system, pedestrian gate, barrier gate, and road blocker. Its solutions portfolio includes all in one card solution, turnstile with ESD testing solution, biological recognition solution, and card retriever solution.
Executives
Wang Heng Bo Directors, executives
Zhao Yong Directors, executives
Tang Jian Director
Liu Cui Ying Directors, executives
An He Nan Independent director
Li Min Executives
Xu Zhao Lin Executives
He Jun Executives
Xiong Xiang Hua Executives
Xu Jian Sheng Supervisors
Huang Hua Yin Executives
Li Ran Executives
Zhou Yu Directors, executives
Ye Lei Executives
Chen Yi Lin Executives

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