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Double Medical Technology (SZSE:002901) Long-Term Capital Lease Obligation : ¥5 Mil (As of Mar. 2025)


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What is Double Medical Technology Long-Term Capital Lease Obligation?

Double Medical Technology's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥5 Mil.

Double Medical Technology's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥8 Mil) to Dec. 2024 (¥5 Mil) and declined from Dec. 2024 (¥5 Mil) to Mar. 2025 (¥5 Mil).

Double Medical Technology's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥13 Mil) to Dec. 2023 (¥11 Mil) and declined from Dec. 2023 (¥11 Mil) to Dec. 2024 (¥5 Mil).


Double Medical Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for Double Medical 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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Double Medical Technology Long-Term Capital Lease Obligation Chart

Double Medical Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 13.61 12.90 10.88 4.63

Double Medical Technology 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 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 9.04 8.00 7.93 4.63 4.63

Double Medical Technology  (SZSE:002901) 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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Double Medical Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Hongdong Road, Haicang District, Fujian Province, Shanbian, Xiamen, CHN, 361027
Double Medical Technology Inc provides services and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery. It offers product related to Trauma, Spinal and joint. The business activities are carried out through China.
Executives
Chen Dan He Executives
Han Shao Jian Executives
Ruan Dong Yang Executives
Luo Jiong Directors, executives
Hua Xian Nan Secretary Dong
Li Hui Independent director
Zhan Huan Huan Supervisors

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