Shenzhen Textile Holding Co (SZSE:200045) Long-Term Capital Lease Obligation : HK$12 Mil (As of Mar. 2025)

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What is Shenzhen Textile Holding Co Long-Term Capital Lease Obligation?

Shenzhen Textile Holding Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was HK$12 Mil.

Shenzhen Textile Holding Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (HK$10 Mil) to Dec. 2024 (HK$10 Mil) but then increased from Dec. 2024 (HK$10 Mil) to Mar. 2025 (HK$12 Mil).

Shenzhen Textile Holding Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$10 Mil) to Dec. 2023 (HK$7 Mil) but then increased from Dec. 2023 (HK$7 Mil) to Dec. 2024 (HK$10 Mil).

Shenzhen Textile Holding Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen Textile Holding 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 Textile Holding Co Long-Term Capital Lease Obligation Chart

Shenzhen Textile Holding Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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11.17

5.20

9.64

7.31

10.14

Shenzhen Textile Holding 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															9.40	10.96	10.16	10.14	11.83

Shenzhen Textile Holding Co (SZSE:200045) 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 Textile Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shenzhen Textile Holding Co (SZSE:200045) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

000045:China

Address

No.3 Huaqiang North Road, 6th Floor, Shenfang Building, Futian District, Guangdong, Shenzhen, CHN, 518031

Website

http://www.chinasthc.com

Shenzhen Textile Holding Co engaged in manufacturing and sale of textile, garment, polarizers and its relevant products, as well as property leasing, warehousing, real estate development, hotel, photoelectron materials manufacturing. Its business consists of production and marketing of polarizer's for liquid crystal display and knitted garment, management operations which include leasing of commercial spaces, factories, office buildings, warehouses, and others. The company business activities include clothing, upholstery fabrics, belts, trademark bands, handicrafts, and others.

Executives

Zhu Mei Zhu

Executives

Shenzhen Textile Holding Co Headlines

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