Fujian Apex Software Co (SHSE:603383) Long-Term Capital Lease Obligation : ¥0.0 Mil (As of Mar. 2024)

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What is Fujian Apex Software Co Long-Term Capital Lease Obligation?

Fujian Apex Software Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil.

Fujian Apex Software Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fujian Apex 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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Fujian Apex Software Co Long-Term Capital Lease Obligation Chart

Fujian Apex Software Co Annual Data

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Long-Term Capital Lease Obligation

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Fujian Apex Software Co Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Fujian Apex Software Co (SHSE:603383) 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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Fujian Apex Software Co (SHSE:603383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fujian Apex Software Co Ltd (SHSE:603383) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

No. 89, Software Avenue, Tongpan Road, Building 13, Building A, Software Park, Gulou District, Fujian, Fuzhou, CHN, 350003

Website

http://www.apexsoft.com.cn

Fujian Apex Software Co Ltd is a China based professional platform-based software company and application solutions provider. It offers software services like business process management (BPM) for different areas including financial securities, including securities and futures and funds, banks and trusts, electronic trading and private equity fund, and business and education.

Executives

Dong Feng Liang	senior management
Ou Yong	Supervisors
Zhao Wei	Director
Zheng Yuan Tong	Supervisors
Lei Shi Pan	Director
Yan Meng Yu	Director

Fujian Apex Software Co (SHSE:603383) Headlines

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