Shenzhen Investment Holdings Bay Area Development Co (HKSE:00737) Long-Term Capital Lease Obligation : HK$5.1 Mil (As of Dec. 2023)

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What is Shenzhen Investment Holdings Bay Area Development Co Long-Term Capital Lease Obligation?

Shenzhen Investment Holdings Bay Area Development Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5.1 Mil.

Shenzhen Investment Holdings Bay Area Development Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (HK$13.3 Mil) to Sep. 2023 (HK$12.6 Mil) and declined from Sep. 2023 (HK$12.6 Mil) to Dec. 2023 (HK$5.1 Mil).

Shenzhen Investment Holdings Bay Area Development Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$4.1 Mil) to Dec. 2022 (HK$15.5 Mil) but then declined from Dec. 2022 (HK$15.5 Mil) to Dec. 2023 (HK$5.1 Mil).

Shenzhen Investment Holdings Bay Area Development Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen Investment Holdings Bay Area Development 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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Shenzhen Investment Holdings Bay Area Development Co Long-Term Capital Lease Obligation Chart

Shenzhen Investment Holdings Bay Area Development Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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4.08

15.51

5.12

Shenzhen Investment Holdings Bay Area Development Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															15.51	13.33	12.62	5.12	-

Shenzhen Investment Holdings Bay Area Development Co (HKSE:00737) 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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Shenzhen Investment Holdings Bay Area Development Co (HKSE:00737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Investment Holdings Bay Area Development Co Ltd (HKSE:00737) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

SIHBY:USA SHIHF:USA 80737:Hong Kong HHI0:Germany

Address

30 Harbour Road, Rooms 4902-4916, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.sihbay.com

Shenzhen Investment Holdings Bay Area Development Co Ltd is an investment holding company that is engaged in the initiation, promotion, development, and operation of toll expressways and bridges in China. The company manages its business in four segments namely Guangzhou-Shenzhen Superhighway, Guangzhou-Zhuhai West Superhighway, Coastal Expressway, and Xintang Interchange. It generates most of the revenue from the Guangzhou-Shenzhen Superhighway segment.

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