Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Long-Term Capital Lease Obligation : ¥6.5 Mil (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Hangzhou Huaxing Chuangye Communication Technology Co Long-Term Capital Lease Obligation?

Hangzhou Huaxing Chuangye Communication Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6.5 Mil.

Hangzhou Huaxing Chuangye Communication Technology Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥12.6 Mil) to Dec. 2023 (¥7.0 Mil) and declined from Dec. 2023 (¥7.0 Mil) to Mar. 2024 (¥6.5 Mil).

Hangzhou Huaxing Chuangye Communication Technology Co's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥0.0 Mil) but then increased from Dec. 2022 (¥0.0 Mil) to Dec. 2023 (¥7.0 Mil).

Hangzhou Huaxing Chuangye Communication Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hangzhou Huaxing Chuangye Communication Technology 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.

* Premium members only.

Hangzhou Huaxing Chuangye Communication Technology Co Long-Term Capital Lease Obligation Chart

Hangzhou Huaxing Chuangye Communication Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

7.01

Hangzhou Huaxing Chuangye Communication Technology 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															-	-	12.58	7.01	6.54

Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) 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.

Hangzhou Huaxing Chuangye Communication Technology Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Hangzhou Huaxing Chuangye Communication Technology Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hangzhou Huaxing Chuangye Communication Technology Co Ltd (SZSE:300025) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 500, Jucai Road, Changhe Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310052

Website

http://www.hxcy.com.cn

Hangzhou Huaxing Chuangye Communication Technology Co Ltd is engaged in providing mobile communication technology services and internet data services. The service provided by the company include mobile communication networks, engineering construction, room division engineering, network foundation generation, and network evaluation and optimization.

Executives

Xia Jian Miao	Supervisors
Zhang Min	Executives
Shou Zou	Independent director
Bao Hang	Directors, Directors, and Executives
Cheng Xiao Yan	Director
Qu Zhen Sheng	Directors, executives
Chen Jin Guang	Directors, executives
Li Hua	Executives
Du Guang Ming	Supervisors
Huang Bo	Supervisors
Zhou You	Executives
Liu Han	Supervisors

Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Headlines

No Headlines