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Sichuan Discovery Dream Science & Technology Co (SZSE:301213) Long-Term Capital Lease Obligation : ¥1.8 Mil (As of Mar. 2024)


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What is Sichuan Discovery Dream Science & Technology Co Long-Term Capital Lease Obligation?

Sichuan Discovery Dream Science & Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.8 Mil.

Sichuan Discovery Dream Science & Technology Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥0.1 Mil) to Dec. 2023 (¥2.3 Mil) but then declined from Dec. 2023 (¥2.3 Mil) to Mar. 2024 (¥1.8 Mil).

Sichuan Discovery Dream Science & Technology Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥1.9 Mil) to Dec. 2022 (¥0.1 Mil) but then increased from Dec. 2022 (¥0.1 Mil) to Dec. 2023 (¥2.3 Mil).


Sichuan Discovery Dream Science & Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sichuan Discovery Dream Science & 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.

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Sichuan Discovery Dream Science & Technology Co Long-Term Capital Lease Obligation Chart

Sichuan Discovery Dream Science & Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.72 1.93 0.08 2.33

Sichuan Discovery Dream Science & Technology Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.05 0.05 2.33 1.75

Sichuan Discovery Dream Science & Technology Co  (SZSE:301213) 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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Sichuan Discovery Dream Science & Technology Co (SZSE:301213) Business Description

Traded in Other Exchanges
N/A
Address
No. 666, Jitai Road, No. 8, 18th Floor, Building 1, Chengdu High-tech Zone, Pilot Free Trade Zone, Sichuan, CHN, 610041
Sichuan Discovery Dream Science & Technology Co Ltd provide customers with related software and hardware products and services such as equipment life cycle management systems, intelligent weapons and equipment management and control modules.

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