Ningbo Joyson Electronic (SHSE:600699) Long-Term Capital Lease Obligation : ¥758 Mil (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Ningbo Joyson Electronic Long-Term Capital Lease Obligation?

Ningbo Joyson Electronic's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥758 Mil.

Ningbo Joyson Electronic's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥608 Mil) to Dec. 2023 (¥619 Mil) and increased from Dec. 2023 (¥619 Mil) to Mar. 2024 (¥758 Mil).

Ningbo Joyson Electronic's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥622 Mil) to Dec. 2022 (¥652 Mil) but then declined from Dec. 2022 (¥652 Mil) to Dec. 2023 (¥619 Mil).

Ningbo Joyson Electronic Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ningbo Joyson Electronic'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.

* Premium members only.

Ningbo Joyson Electronic Long-Term Capital Lease Obligation Chart

Ningbo Joyson Electronic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

626.32

622.41

651.64

619.14

Ningbo Joyson Electronic Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															643.71	635.96	607.75	619.14	757.90

Ningbo Joyson Electronic (SHSE:600699) 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.

Ningbo Joyson Electronic Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Ningbo Joyson Electronic's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Ningbo Joyson Electronic (SHSE:600699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Joyson Electronic Corp (SHSE:600699) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1266 Road, Zhejiang Province, High-tech Zone, Ningbo, CHN, 136200

Website

http://www.joyson.cn

Ningbo Joyson Electronic Corp is an automotive supplier. Some of the products that the company caters to the global automotive industry are - Driver controls, Climate control, Sensor systems, Electronic control units, Car connect, Active safety, Passive safety, Air Intake systems, Washer systems, Air management systems, Mirror systems, Front griller, Fuel tank door, and Steering wheel.

Executives

Wang Jian Feng	Director
Zhou Gui Tian	Supervisors
Liu Guang Quan	Supervisors
Jian Shi Hui Fu Zhu Xi	Supervisors

Ningbo Joyson Electronic (SHSE:600699) Headlines

No Headlines