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Century Sunshine Group Holdings (HKSE:00509) Long-Term Capital Lease Obligation : HK$4.5 Mil (As of Dec. 2023)


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What is Century Sunshine Group Holdings Long-Term Capital Lease Obligation?

Century Sunshine Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.5 Mil.

Century Sunshine Group Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$5.5 Mil) to Jun. 2023 (HK$4.8 Mil) and declined from Jun. 2023 (HK$4.8 Mil) to Dec. 2023 (HK$4.5 Mil).

Century Sunshine Group Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$5.8 Mil) to Dec. 2022 (HK$5.5 Mil) and declined from Dec. 2022 (HK$5.5 Mil) to Dec. 2023 (HK$4.5 Mil).


Century Sunshine Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Century Sunshine Group Holdings'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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Century Sunshine Group Holdings Long-Term Capital Lease Obligation Chart

Century Sunshine Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.87 6.03 5.82 5.54 4.49

Century Sunshine Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5.82 5.40 5.54 4.82 4.49

Century Sunshine Group Holdings  (HKSE:00509) 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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Century Sunshine Group Holdings (HKSE:00509) Business Description

Traded in Other Exchanges
N/A
Address
16th Floor, Tower 5, The Gateway, Tsim Sha Tsui, Kowloon, Harbour City, HKG
Century Sunshine Group Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the magnesium products business, fertilizer business, and metallurgical flux business. The magnesium Product segment is engaged in the manufacture and sales of magnesium alloys. Metallurgical Flux segment is engaged in the sales of metallurgical flux, such as serpentine and the Fertilizer segment is engaged in the production and sales of fertilizers, including organic fertilizers and compound fertilizers. The revenue is mainly derived from China.
Executives
Chi Wen Fu 2201 Interest of corporation controlled by you
Alpha Sino International Limited 2101 Beneficial owner
Lee Wai Yin Angela 2106 Person having a security interest in shares
Lo Kai Ming Charles 2106 Person having a security interest in shares

Century Sunshine Group Holdings (HKSE:00509) Headlines

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