Sinoseal Holding Co (SZSE:300470) Long-Term Capital Lease Obligation : ¥4 Mil (As of Mar. 2025)

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What is Sinoseal Holding Co Long-Term Capital Lease Obligation?

Sinoseal Holding Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥4 Mil.

Sinoseal Holding Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (¥3 Mil) to Dec. 2024 (¥2 Mil) but then increased from Dec. 2024 (¥2 Mil) to Mar. 2025 (¥4 Mil).

Sinoseal Holding Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (¥1 Mil) to Dec. 2023 (¥1 Mil) and increased from Dec. 2023 (¥1 Mil) to Dec. 2024 (¥2 Mil).

Sinoseal Holding Co Long-Term Capital Lease Obligation Historical Data

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

Sinoseal Holding Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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0.56

0.64

0.89

2.11

Sinoseal 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															0.90	0.82	2.66	2.11	4.11

Sinoseal Holding Co (SZSE:300470) 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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Sinoseal Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sinoseal Holding Co Ltd (SZSE:300470) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8, Wuke West 4 Road, Wuhou District, Sichuan Province, Chengdu, CHN

Website

http://www.sns-china.com

Sinoseal Holding Co Ltd is engaged in designing, manufacturing and marketing of mechanical seals and sealing products in China. The company's product lines include Standard Mechanical Seals, Teflon Encapsulated O-rings, Wave Springs, and Silicon Carbide Products.

Executives

Chen Hong	Directors, Directors, and Executives
Yin Xiao	Executives
He Fang	Directors, executives
Feng Ming Zhong	Directors, executives
Xia Yu	Executives
Huang Ze Pei	Directors, executives
Zhou Hu Lan	Executives
Zhao Qu	Supervisors
Deng Jie	Supervisors

Sinoseal Holding Co Headlines

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