PPS International (Holdings) (HKSE:08201) Long-Term Capital Lease Obligation : HK$0.1 Mil (As of Dec. 2023)

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What is PPS International (Holdings) Long-Term Capital Lease Obligation?

PPS International (Holdings)'s Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.1 Mil.

PPS International (Holdings)'s quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (HK$0.8 Mil) to Sep. 2023 (HK$0.0 Mil) but then increased from Sep. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$0.1 Mil).

PPS International (Holdings)'s annual Long-Term Capital Lease Obligation declined from Jun. 2021 (HK$1.4 Mil) to Jun. 2022 (HK$0.4 Mil) but then increased from Jun. 2022 (HK$0.4 Mil) to Jun. 2023 (HK$0.8 Mil).

PPS International (Holdings) Long-Term Capital Lease Obligation Historical Data

The historical data trend for PPS International (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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PPS International (Holdings) Long-Term Capital Lease Obligation Chart

PPS International (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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1.40

0.45

0.82

PPS International (Holdings) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.34	-	0.82	-	0.11

PPS International (Holdings) (HKSE:08201) 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.

PPS International (Holdings) Long-Term Capital Lease Obligation Related Terms

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PPS International (Holdings) (HKSE:08201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PPS International (Holdings) Ltd (HKSE:08201) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 38 Wai Yip Street, Tower A, Capital Tower, Office A, 12th Floor, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.ppsintholdings.com

PPS International (Holdings) Ltd is an investment holding company. The company's operating segment include Environmental and cleaning; Money lending and Investments. It generates maximum revenue from the Environmental and cleaning segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in PRC.

Executives

Yu Shaoheng	2101 Beneficial owner
Wui Wo Enterprise Limited	2101 Beneficial owner
Mui Fong	2202 Interest of your spouse
Yu Weiye	2201 Interest of corporation controlled by you

PPS International (Holdings) (HKSE:08201) Headlines

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