Shanghai Baosight Software Co (SHSE:600845) Long-Term Capital Lease Obligation : ¥817 Mil (As of Mar. 2024)

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What is Shanghai Baosight Software Co Long-Term Capital Lease Obligation?

Shanghai Baosight Software Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥817 Mil.

Shanghai Baosight Software Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥753 Mil) to Dec. 2023 (¥741 Mil) but then increased from Dec. 2023 (¥741 Mil) to Mar. 2024 (¥817 Mil).

Shanghai Baosight Software Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (¥209 Mil) to Dec. 2022 (¥281 Mil) and increased from Dec. 2022 (¥281 Mil) to Dec. 2023 (¥741 Mil).

Shanghai Baosight Software Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shanghai Baosight Software 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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Shanghai Baosight Software Co Long-Term Capital Lease Obligation Chart

Shanghai Baosight Software Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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187.15

208.83

281.37

741.03

Shanghai Baosight Software Co 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															295.89	735.06	753.12	741.03	816.73

Shanghai Baosight Software Co (SHSE:600845) 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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Shanghai Baosight Software Co (SHSE:600845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Baosight Software Co Ltd (SHSE:600845) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

900926:China

Address

No. 515 Guoshoujing Road, Zhangjiang New and High-Technology Park, Pudong, Shanghai, CHN, 201203

Website

http://www.baosight.com

Shanghai Baosight Software Co Ltd is the IT software business unit of Baosteel. It offers products and services in sectors such as the iron and steel, transportation, service outsourcing, mining and extracting, nonferrous, and petrochemical industries. its product includes Metallurgical Industry Information System Architecture Integrating Intelligent, Robots, unmanned and other intelligent equipment, highly automated control software and systems, and agile, flexible, intelligent MOM solution.

Executives

Song Jian Hai	senior management
Xia Xue Song	Director
Chen Jian	senior management
Liang Yue Yong	senior management
Wang Jian Hu	Directors, senior managers
Song Shi Wei	senior management
Lv Zi Nan	senior management
Zhou Jian Ping	senior management
Hu Guo Fen	senior management
Zhu Xiang Kai	Director
Huang Min Qin	Director
Feng Wei Min	Supervisors
Zhang Shuo Gong	Director
Chen Jian Dong Mi	senior management
Chen Jian Fu Zong	senior management

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