Beijing Tongtech Co (SZSE:300379) Long-Term Capital Lease Obligation : ¥13.7 Mil (As of Mar. 2025)

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What is Beijing Tongtech Co Long-Term Capital Lease Obligation?

Beijing Tongtech Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥13.7 Mil.

Beijing Tongtech Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (¥0.2 Mil) to Dec. 2024 (¥16.6 Mil) but then declined from Dec. 2024 (¥16.6 Mil) to Mar. 2025 (¥13.7 Mil).

Beijing Tongtech Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (¥13.9 Mil) to Dec. 2023 (¥2.4 Mil) but then increased from Dec. 2023 (¥2.4 Mil) to Dec. 2024 (¥16.6 Mil).

Beijing Tongtech Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Beijing Tongtech 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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Beijing Tongtech Co Long-Term Capital Lease Obligation Chart

Beijing Tongtech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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22.82

19.74

13.85

2.42

16.64

Beijing Tongtech 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															1.66	0.41	0.22	16.64	13.72

Beijing Tongtech Co (SZSE:300379) 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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Beijing Tongtech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Tongtech Co Ltd (SZSE:300379) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139, Fengtai Road, Room 311, Main Building, Fengtai District, Beijing, CHN, 100080

Website

http://www.tongtech.com

Beijing Tongtech Co Ltd is a Chinese provider of next-generation software infrastructure and applications. It offers solutions such as middleware, information security, big data, wireless network optimization, mobile applications products, among others. The company offered products and solutions are used various industries including financial, communications, government, energy, and transportation.

Executives

Huang Yong Jun	Directors, executives
Han Jing	Securities Affairs Representative
Zhang Zhi Yong	Supervisors
Zhu Lv Wei	Supervisors
Zhang Qi Chun	Director
Xue Xiang Dong	Director
Yang Hua	Supervisors

Beijing Tongtech Co Headlines

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