Shenzhen Inovance Technology Co (SZSE:300124) Other Long-Term Liabilities : ¥1,974 Mil (As of Mar. 2024)

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What is Shenzhen Inovance Technology Co Other Long-Term Liabilities?

Shenzhen Inovance Technology Co's other long-term liabilities for the quarter that ended in Mar. 2024 was ¥1,974 Mil.

Shenzhen Inovance Technology Co's quarterly other long-term liabilities increased from Sep. 2023 (¥1,500 Mil) to Dec. 2023 (¥1,881 Mil) and increased from Dec. 2023 (¥1,881 Mil) to Mar. 2024 (¥1,974 Mil).

Shenzhen Inovance Technology Co's annual other long-term liabilities increased from Dec. 2021 (¥362 Mil) to Dec. 2022 (¥1,154 Mil) and increased from Dec. 2022 (¥1,154 Mil) to Dec. 2023 (¥1,881 Mil).

Shenzhen Inovance Technology Co Other Long-Term Liabilities Historical Data

The historical data trend for Shenzhen Inovance Technology Co's Other Long-Term Liabilities 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 Inovance Technology Co Other Long-Term Liabilities Chart

Shenzhen Inovance Technology Co Annual Data

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Other Long-Term Liabilities

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Shenzhen Inovance Technology Co Quarterly Data
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Shenzhen Inovance Technology Co Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

Shenzhen Inovance Technology Co Other Long-Term Liabilities Related Terms

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Shenzhen Inovance Technology Co (SZSE:300124) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Inovance Technology Co Ltd (SZSE:300124) » Definitions » Other Long-Term Liabilities

Traded in Other Exchanges

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Address

Liuxian Road No. 70, Building E, Hongwei Industrial Park, Baocheng District, Shenzhen, CHN, 518101

Website

http://www.inovance.cn

Founded in 2003 by a group of ex-engineers from Huawei and Emerson, Shenzhen Inovance Technology develops and manufactures components used in elevators, automation equipment, robots, new energy vehicles, and railways. A partial list of products includes variable frequency drives--also known as inverters--servo systems, sensors, interfaces and motor controllers. Inovance employs about 20,000 staff, including over 4,700 research and development engineers. About 95% of Inovance's sales are made in China. Its headquarters are in Shenzhen with a large regional office in Suzhou, and these major offices are supported by over 10 branches across China.

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