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Shun Ho Property Investments (HKSE:00219) Long-Term Capital Lease Obligation : HK$0.0 Mil (As of Dec. 2023)


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What is Shun Ho Property Investments Long-Term Capital Lease Obligation?

Shun Ho Property Investments's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil.


Shun Ho Property Investments Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shun Ho Property Investments'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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Shun Ho Property Investments Long-Term Capital Lease Obligation Chart

Shun Ho Property Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Shun Ho Property Investments Semi-Annual Data
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Shun Ho Property Investments  (HKSE:00219) 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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Shun Ho Property Investments (HKSE:00219) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG
Shun Ho Property Investments Ltd is a Hong Kong-based company principally engaged in hotel businesses. It operates through three segments Hospitality Services, Property Investment and Securities Investment. The company looks into the operation of Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, Grand City Hotel, Ramada Hong Kong Grand View, 633 King's Road, Shun Ho Tower, and Shops, hotel and residential properties. The group derives revenue from Hong Kong and the PRC, of which prime revenue is derived from Hong Kong.
Executives
Shun Ho Holdings Limited 2201 Interest of corporation controlled by you
Trillion Resources Limited 2201 Interest of corporation controlled by you
Lee Pui Ling Liza 2202 Interest of your spouse
Cheng Kai Man William 2201 Interest of corporation controlled by you
Hashim Ahmed Hashim A 2401 A concert party to an agreement to buy shares
Credit Suisse Trust Limited 2201 Interest of corporation controlled by you
Hashim Majed Hashim A. 2201 Interest of corporation controlled by you
North Salomon Limited 2201 Interest of corporation controlled by you
Saray Capital Limited 2201 Interest of corporation controlled by you
Saray Value Fund Spc 2401 A concert party to an agreement to buy shares
Shobokshi Hussam Ali H. 2201 Interest of corporation controlled by you

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