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Shenzhen Maxonic Automation Control Co (SZSE:300112) Long-Term Capital Lease Obligation : ¥1 Mil (As of Mar. 2025)


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What is Shenzhen Maxonic Automation Control Co Long-Term Capital Lease Obligation?

Shenzhen Maxonic Automation Control Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1 Mil.

Shenzhen Maxonic Automation Control Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥1 Mil) to Dec. 2024 (¥1 Mil) and declined from Dec. 2024 (¥1 Mil) to Mar. 2025 (¥1 Mil).

Shenzhen Maxonic Automation Control Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥1 Mil) but then declined from Dec. 2023 (¥1 Mil) to Dec. 2024 (¥1 Mil).


Shenzhen Maxonic Automation Control Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen Maxonic Automation Control 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 Maxonic Automation Control Co Long-Term Capital Lease Obligation Chart

Shenzhen Maxonic Automation Control Co 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 1.32 0.09 - 1.17 0.69

Shenzhen Maxonic Automation Control 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 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 1.22 0.96 0.84 0.69 0.56

Shenzhen Maxonic Automation Control Co  (SZSE:300112) 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 Maxonic Automation Control Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Road, High-tech Industrial Park, Floors 1-6, Wanxun Automation Building, Nanshan District, Shenzhen, CHN, 518057
Shenzhen Maxonic Automation Control Co Ltd is engaged in the product development, distribution, production, and system solution. The products of the company include electric actuators, pneumatic actuators, positioners, valves, temperature controllers and signal conditioners.
Executives
Fu Xiao Yang Directors, executives
Fu Yu Chen Director
Wang Hong Supervisors
Zheng Wei Qiang Supervisors
Wang Qiong Executives
Xiong Wei Director
Dong Hui Yu Secretary Dong
Meng Xiang Li Supervisors
Chou Yu Hua Executives
Yuan Fei Supervisors

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