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Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Long-Term Capital Lease Obligation : ¥24 Mil (As of Mar. 2024)


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What is Zhejiang Jinke Tom Culture Industry Co Long-Term Capital Lease Obligation?

Zhejiang Jinke Tom Culture Industry Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥24 Mil.

Zhejiang Jinke Tom Culture Industry Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (¥15 Mil) to Dec. 2023 (¥26 Mil) but then declined from Dec. 2023 (¥26 Mil) to Mar. 2024 (¥24 Mil).

Zhejiang Jinke Tom Culture Industry Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥41 Mil) to Dec. 2022 (¥22 Mil) but then increased from Dec. 2022 (¥22 Mil) to Dec. 2023 (¥26 Mil).


Zhejiang Jinke Tom Culture Industry Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zhejiang Jinke Tom Culture Industry 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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Zhejiang Jinke Tom Culture Industry Co Long-Term Capital Lease Obligation Chart

Zhejiang Jinke Tom Culture Industry 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 - 35.74 40.95 21.98 26.42

Zhejiang Jinke Tom Culture Industry 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 21.14 17.67 14.85 26.42 24.05

Zhejiang Jinke Tom Culture Industry Co  (SZSE:300459) 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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Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Business Description

Traded in Other Exchanges
N/A
Address
No. 299 Pingyi Road, Qianjiang Century City, 36th Floor, Zhejiang Chamber of Commerce Building, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Zhejiang Jinke Culture Industry Co Ltd is a China-based internet high-tech company engaged in the research and development, distribution, internet education, film and television animation and other related activities. In addition, it is also involved in offering chemical raw materials. The business segments of the company are Mobile internet culture and Fine chemical new materials.
Executives
Zhu Zhi Gang Director
Wang Jian Director
Zhu Tian Directors, executives
Ding Ning Supervisors
Wei Hong Tao Directors, executives
Zhang Wei Xin Directors, executives
Ge Min Hai Director

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