360 Ludashi Holdings (HKSE:03601) Long-Term Capital Lease Obligation : HK$3.2 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is 360 Ludashi Holdings Long-Term Capital Lease Obligation?

360 Ludashi Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.2 Mil.

360 Ludashi Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$1.0 Mil) to Jun. 2023 (HK$0.3 Mil) but then increased from Jun. 2023 (HK$0.3 Mil) to Dec. 2023 (HK$3.2 Mil).

360 Ludashi Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$1.5 Mil) to Dec. 2022 (HK$1.0 Mil) but then increased from Dec. 2022 (HK$1.0 Mil) to Dec. 2023 (HK$3.2 Mil).

360 Ludashi Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for 360 Ludashi 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.

* Premium members only.

360 Ludashi Holdings Long-Term Capital Lease Obligation Chart

360 Ludashi Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

3.15

4.45

1.53

0.98

3.16

360 Ludashi Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial								1.53	0.72	0.98	0.30	3.16

360 Ludashi Holdings (HKSE:03601) 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.

360 Ludashi Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of 360 Ludashi Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

360 Ludashi Holdings (HKSE:03601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 360 Ludashi Holdings Ltd (HKSE:03601) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1268 Tianfu Avenue, 11th Floor, 11-24 Tianfu Software Site E1, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

https://www.ludashi.com

360 Ludashi Holdings Ltd is a hardware and system benchmarking and monitoring solutions provider for PC and mobile devices in China. It is principally engaged in the online traffic monetization, electronic devices sales, provision of online advertising services, online game business, sales of smart accessories, certified pre-owned and factory smartphones and certified pre-owned and factory other electronic devices in the PRC. It derives a majority of revenue from online advertising services.

360 Ludashi Holdings (HKSE:03601) Headlines

No Headlines