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Dexin Services Group (HKSE:02215) Long-Term Capital Lease Obligation : HK$0 Mil (As of Dec. 2023)


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What is Dexin Services Group Long-Term Capital Lease Obligation?

Dexin Services Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil.

Dexin Services Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$1 Mil) to Jun. 2023 (HK$1 Mil) and declined from Jun. 2023 (HK$1 Mil) to Dec. 2023 (HK$0 Mil).

Dexin Services Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (HK$1 Mil) to Dec. 2022 (HK$1 Mil) but then declined from Dec. 2022 (HK$1 Mil) to Dec. 2023 (HK$0 Mil).


Dexin Services Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dexin Services 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.

Dexin Services Group Long-Term Capital Lease Obligation Chart

Dexin Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 5.41 3.11 0.70 1.15 0.02

Dexin Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 1.88 1.15 0.59 0.02

Dexin Services Group  (HKSE:02215) 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.

Dexin Services Group Long-Term Capital Lease Obligation Related Terms

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Dexin Services Group (HKSE:02215) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2008-2010, Jinchang Road, Liangzhu Street, Room 488, Building 2, Zhejiang Province, Hangzhou, CHN
Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services.
Executives
Guotai Junan Securities Co., Ltd. 2201 Interest of corporation controlled by you
Huaan Fund Management Co., Ltd Representing Huaan-hmtz-qdii-single Asset Management Plan And Huaan-ry-qdii-single Asset Management Plan 2501 Other
Hu Yiping
Shengfu International Limited
Wei Peifen
Kaibang International Limited
Hong Kong Mei Lun Int'l Co., Limited
Jin Liang
Shen Yuehua
Hua An Ji Jin Guan Li You Xian Gong Si Dai Biao Hua An Ji Jin Hua Mei Tou Zi Hua An Ji Jin Nan Dou W 2501 Other

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