Semiconductor Manufacturing International (HKSE:00981) Long-Term Capital Lease Obligation : HK$142 Mil (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Semiconductor Manufacturing International Long-Term Capital Lease Obligation?

Semiconductor Manufacturing International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$142 Mil.

Semiconductor Manufacturing International's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (HK$269 Mil) to Dec. 2023 (HK$205 Mil) and declined from Dec. 2023 (HK$205 Mil) to Mar. 2024 (HK$142 Mil).

Semiconductor Manufacturing International's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$854 Mil) to Dec. 2022 (HK$449 Mil) and declined from Dec. 2022 (HK$449 Mil) to Dec. 2023 (HK$205 Mil).

Semiconductor Manufacturing International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International Long-Term Capital Lease Obligation Chart

Semiconductor Manufacturing International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,303.98

1,165.27

853.69

449.08

205.24

Semiconductor Manufacturing International 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															389.90	334.32	269.21	205.24	142.03

Semiconductor Manufacturing International (HKSE:00981) 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.

Semiconductor Manufacturing International Long-Term Capital Lease Obligation Related Terms

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

Semiconductor Manufacturing International (HKSE:00981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Semiconductor Manufacturing International Corp (HKSE:00981) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MKN2:Germany 688981:China

Address

No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203

Website

https://www.smics.com

Founded in 2000, Semiconductor Manufacturing International Corp. is the largest Chinese foundry and the fifth-largest globally after TSMC, Samsung Electronics, GlobalFoundries, and United Microelectronics Corp. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs over 21,000 people.

Executives

Zhong Guo Xin Xi Tong Xin Ke Ji Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guo Jia Ji Cheng Dian Lu Chan Ye Tou Zi Ji Jin Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Xun Xin Shang Hai Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Xin Xiang Gang Tou Zi You Xian Gong Si	2101 Beneficial owner
Da Tang Kong Gu Xiang Gang Tou Zi You Xian Gong Si
Da Tang Dian Xin Ke Ji Chan Ye Kong Gu You Xian Gong Si
Dian Xin Ke Xue Ji Shu Yan Jiu You Xian Gong Si

Semiconductor Manufacturing International (HKSE:00981) Headlines

No Headlines