Shenzhen Fine Made Electronics Group Co (SZSE:300671) Long-Term Capital Lease Obligation : ¥9.6 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Shenzhen Fine Made Electronics Group Co Long-Term Capital Lease Obligation?

Shenzhen Fine Made Electronics Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥9.6 Mil.

Shenzhen Fine Made Electronics Group Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥15.4 Mil) to Dec. 2023 (¥8.1 Mil) but then increased from Dec. 2023 (¥8.1 Mil) to Mar. 2024 (¥9.6 Mil).

Shenzhen Fine Made Electronics Group Co's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (¥25.7 Mil) to Dec. 2021 (¥49.7 Mil) but then declined from Dec. 2021 (¥49.7 Mil) to Dec. 2022 (¥34.5 Mil).

Shenzhen Fine Made Electronics Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shenzhen Fine Made Electronics Group 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.

Shenzhen Fine Made Electronics Group Co Long-Term Capital Lease Obligation Chart

Shenzhen Fine Made Electronics Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

25.67

49.72

34.52

Shenzhen Fine Made Electronics Group 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															29.88	23.42	15.40	8.11	9.57

Shenzhen Fine Made Electronics Group Co (SZSE:300671) 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.

Shenzhen Fine Made Electronics Group Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Shenzhen Fine Made Electronics Group Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Fine Made Electronics Group Co (SZSE:300671) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shenzhen Fine Made Electronics Group Co Ltd (SZSE:300671) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

18th Floor, West District, Times Technology Building, Nongyuan Road, Xiangmihu Street, Futian District, Guangdong Province, Shenzhen, CHN, 518048

Website

http://www.superchip.cn

Shenzhen Fine Made Electronics Group Co Ltd is an integrated circuit design enterprises. It is engaged in the design, research and development, production and operation of high-performance analog and digital-analog hybrid integrated circuits. Its product portfolio comprises power management, LED control and drive, MOSFET class, infrared remote control class and other consumer products.

Executives

Xu Zhe	Director
Hao Zhai Ling	Director
Li Zhi Xiong	Supervisors
Chen Ying	Supervisors
Wang Qiu Juan	Director
Xi Guo Ping	Supervisors
Guo Jing	Director
Luo Qiong	Directors, Directors, and Executives
Xiao Ting Feng	Securities Affairs Representative
Chen Ke Hong	Director

Shenzhen Fine Made Electronics Group Co (SZSE:300671) Headlines

No Headlines