Shandong Hi-Speed Holdings Group (HKSE:00412) Long-Term Capital Lease Obligation : HK$3,414 Mil (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Shandong Hi-Speed Holdings Group Long-Term Capital Lease Obligation?

Shandong Hi-Speed Holdings Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,414 Mil.

Shandong Hi-Speed Holdings Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (HK$2,926 Mil) to Jun. 2023 (HK$3,132 Mil) and increased from Jun. 2023 (HK$3,132 Mil) to Dec. 2023 (HK$3,414 Mil).

Shandong Hi-Speed Holdings Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$31 Mil) to Dec. 2022 (HK$2,926 Mil) and increased from Dec. 2022 (HK$2,926 Mil) to Dec. 2023 (HK$3,414 Mil).

Shandong Hi-Speed Holdings Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shandong Hi-Speed Holdings Group'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.

Shandong Hi-Speed Holdings Group Long-Term Capital Lease Obligation Chart

Shandong Hi-Speed Holdings Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

25.65

30.50

31.21

2,925.95

3,413.69

Shandong Hi-Speed Holdings Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															31.21	4,001.62	2,925.95	3,132.01	3,413.69

Shandong Hi-Speed Holdings Group (HKSE:00412) 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.

Shandong Hi-Speed Holdings Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Shandong Hi-Speed Holdings Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Hi-Speed Holdings Group (HKSE:00412) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong Hi-Speed Holdings Group Ltd (HKSE:00412) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

HRI:Germany

Address

No. 50 Connaught Road Central, 17th Floor, Agricultural Bank of China Tower, Hong Kong, HKG

Website

https://www.csfg.com.hk

Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include Industrial investment segment in operations of industrial investment-related business; Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; Non-standard investment segment in direct investment business, investments in debts instruments, unlisted bonds & investment funds; Licensed financial services segment in provision of money lending services, securities brokerage services, asset management services & asset trading platform; & Financial technology segment in online investment & technology-enabled lending services & online new media services. The majority is from the Industrial Investment segment & key revenue is from PRC.

Shandong Hi-Speed Holdings Group (HKSE:00412) Headlines

No Headlines