GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hangzhou SF Intra-City Industrial Co Ltd (HKSE:09699) » Definitions » Long-Term Capital Lease Obligation

Hangzhou SF Intra-City Industrial Co (HKSE:09699) Long-Term Capital Lease Obligation : HK$13 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Hangzhou SF Intra-City Industrial Co Long-Term Capital Lease Obligation?

Hangzhou SF Intra-City Industrial Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$13 Mil.

Hangzhou SF Intra-City Industrial Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (HK$19 Mil) to Jun. 2023 (HK$12 Mil) but then increased from Jun. 2023 (HK$12 Mil) to Dec. 2023 (HK$13 Mil).

Hangzhou SF Intra-City Industrial Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (HK$25 Mil) to Dec. 2022 (HK$19 Mil) and declined from Dec. 2022 (HK$19 Mil) to Dec. 2023 (HK$13 Mil).


Hangzhou SF Intra-City Industrial Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hangzhou SF Intra-City Industrial 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.

* Premium members only.

Hangzhou SF Intra-City Industrial Co Long-Term Capital Lease Obligation Chart

Hangzhou SF Intra-City Industrial Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 20.55 30.48 25.11 19.33 12.56

Hangzhou SF Intra-City Industrial Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only 25.11 19.14 19.33 12.17 12.56

Hangzhou SF Intra-City Industrial Co  (HKSE:09699) 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.

Hangzhou SF Intra-City Industrial Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Hangzhou SF Intra-City Industrial Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou SF Intra-City Industrial Co (HKSE:09699) Business Description

Traded in Other Exchanges
N/A
Address
No. 3076 Xinghai Road, Floor 21-22, Shunfeng Headquarters Building, Nanshan District, Guangdong Province, Shenzhen, CHN
Hangzhou SF Intra-City Industrial Co Ltd is a third party instant distribution platform in China. It serves brand customers, small and medium sized merchants and individual users providing integrated real time logistics solutions for commercial distribution, daily pickup and delivery and others.
Executives
Ning Bo Shun Xiang Tong Cheng Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Sun Haijin 2201 Interest of corporation controlled by you
Boundless Plain Holdings Limited 2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si 2501 Other
Shen Zhen Shun Feng Tai Sen Kong Gu Ji Tuan You Xian Gong Si 2501 Other
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si 2501 Other
Li Eric 2201 Interest of corporation controlled by you
Sf Holding Limited 2501 Other
Wang Wei 2501 Other
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2101 Beneficial owner
Taobao Holding Limited 2201 Interest of corporation controlled by you
Tsang Hoi Lam 2201 Interest of corporation controlled by you
Parallel Universes Asset Management Limited 2201 Interest of corporation controlled by you
Shining Star Fund, L.p. 2101 Beneficial owner

Hangzhou SF Intra-City Industrial Co (HKSE:09699) Headlines

No Headlines