Milan Station Holdings (HKSE:01150) Long-Term Capital Lease Obligation : HK$6.0 Mil (As of Dec. 2023)

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What is Milan Station Holdings Long-Term Capital Lease Obligation?

Milan Station Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6.0 Mil.

Milan Station Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$7.3 Mil) to Jun. 2023 (HK$5.7 Mil) but then increased from Jun. 2023 (HK$5.7 Mil) to Dec. 2023 (HK$6.0 Mil).

Milan Station Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$6.2 Mil) to Dec. 2022 (HK$7.3 Mil) but then declined from Dec. 2022 (HK$7.3 Mil) to Dec. 2023 (HK$6.0 Mil).

Milan Station Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Milan Station Holdings'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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Milan Station Holdings Long-Term Capital Lease Obligation Chart

Milan Station Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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3.47

10.22

6.21

7.27

5.99

Milan Station Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															6.21	8.60	7.27	5.69	5.99

Milan Station Holdings (HKSE:01150) 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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Milan Station Holdings (HKSE:01150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Milan Station Holdings Ltd (HKSE:01150) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

489-491 Castle Peak Road, Room 13, 6th Floor, Block A, Hong Kong Industrial Centre, Kowloon, Hong Kong, HKG

Website

https://www.milanstation.com.hk

Milan Station Holdings Ltd is an investment holding company engaged in the retail of handbags, fashion accessories, embellishments, and spa and wellness products. In terms of product revenue, the company earns maximum income from Handbags. Its geographical segments are Hong Kong and Macau of which the majority of its revenue comes from Hong Kong.

Executives

Chen Huaijun	2101 Beneficial owner
Yiu Kwan Tat	2101 Beneficial owner
Wei Mei Qi Ye You Xian Gong Si	2101 Beneficial owner

Milan Station Holdings (HKSE:01150) Headlines

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