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Jiangsu Transimage Technology Co (SZSE:002866) Long-Term Capital Lease Obligation : ¥4 Mil (As of Mar. 2024)


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What is Jiangsu Transimage Technology Co Long-Term Capital Lease Obligation?

Jiangsu Transimage Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4 Mil.

Jiangsu Transimage Technology Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥5 Mil) to Dec. 2023 (¥4 Mil) and declined from Dec. 2023 (¥4 Mil) to Mar. 2024 (¥4 Mil).

Jiangsu Transimage Technology Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥10 Mil) to Dec. 2022 (¥7 Mil) and declined from Dec. 2022 (¥7 Mil) to Dec. 2023 (¥4 Mil).


Jiangsu Transimage Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jiangsu Transimage Technology 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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Jiangsu Transimage Technology Co Long-Term Capital Lease Obligation Chart

Jiangsu Transimage Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 13.65 10.39 7.05 4.31

Jiangsu Transimage Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.05 5.71 5.01 4.31 3.51

Jiangsu Transimage Technology Co  (SZSE:002866) 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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Jiangsu Transimage Technology Co (SZSE:002866) Business Description

Traded in Other Exchanges
N/A
Address
No.33 Lingbo Road, Gaoyou Economic Development Zone, Jiangsu Province, Gaoyou, CHN, 225600
Jiangsu Transimage Technology Co Ltd is a China based company engaged in the research and development, manufacturing and sales of notebook computer input devices. Its products are product picture, film printed circuit, CLP module, FPC flexible circuit board, Securepad, Forcepad, Clickpad, car LCD, soft coupling board, wearable FPC, and fingerprint recognition class FPC, among others.
Executives
Zou Wei Min Directors, executives
Chen Gui Song Executives
Liu Wen Hua Executives
Li Jing Executives
Zhang Qing Executives
Dan Guo Hua Directors, executives
Liu Lin Executives, securities affairs representatives
Chen Gui Lin Executives
Zhang Suo Chao Director
Xu Xiao Li Directors, Directors, and Executives
Liu Sai Ping Directors, executives

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