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Jinshang Bank Co (HKSE:02558) Long-Term Capital Lease Obligation : HK$0 Mil (As of Dec. 2023)


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What is Jinshang Bank Co Long-Term Capital Lease Obligation?

Jinshang Bank Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil.


Jinshang Bank Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jinshang Bank 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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Jinshang Bank Co Long-Term Capital Lease Obligation Chart

Jinshang Bank Co Annual Data
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Jinshang Bank Co Semi-Annual Data
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Jinshang Bank Co  (HKSE:02558) 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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Jinshang Bank Co (HKSE:02558) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 59 Changfeng Street, Xiaodian District, Shanxi Province, Taiyuan, CHN, 030000
Jinshang Bank Co Ltd operates as a commercial bank. It offers deposits, loans, credit card, and other banking services. The bank's operating segments are Corporate banking, Retail banking, Treasury business, and others segment. It generates a majority of its revenue from the corporate banking segment which is engaged in the provision of a range of financial products and services to corporations, government agencies, and financial institutions. These products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services and guarantee services among others.
Executives
China Credit Trust Co., Ltd. 2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd. 2102 Investment manager
Guotai Junan International Holdings Limited
Guotai Junan Securities Co., Ltd
Chen Xing Development Holdings Limited 2101 Beneficial owner
White Dynasty Global Holdings Limited 2201 Interest of corporation controlled by you
White Empire (ptc) Limited 2201 Interest of corporation controlled by you
Bai Guohua 2501 Other
Bai Xuankui 2307 Founder of a discretionary trust who can infl
Cheng Guilian 2501 Other
Zhang Lindi 2202 Interest of your spouse
Guo Tai Ji Jin Guan Li You Xian Gong Si
Zhong Guo Dui Wai Jing Ji Mao Yi Xin Tuo You Xian Gong Si
Shan Xi Qin Xin Neng Yuan Ji Tuan Gu Fen You Xian Gong Si
Guang Fa Zi Guan Xu Mao Tou Zi Dan Yi Zi Chan Guan Li Ji Hua 2301 Trustee

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