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Agile Group Holdings (Agile Group Holdings) Intangible Assets : $869 Mil (As of Jun. 2023)


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What is Agile Group Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Agile Group Holdings's intangible assets for the quarter that ended in Jun. 2023 was $869 Mil.


Agile Group Holdings Intangible Assets Historical Data

The historical data trend for Agile Group Holdings's Intangible Assets 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.

Agile Group Holdings Intangible Assets Chart

Agile Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 780.65 1,204.30 1,201.70 911.18 677.50

Agile Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Intangible Assets 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 1,201.70 1,163.20 911.18 868.83 677.50

Agile Group Holdings Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Agile Group Holdings  (OTCPK:AGPYF) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Agile Group Holdings Intangible Assets Related Terms

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Agile Group Holdings (Agile Group Holdings) Business Description

Traded in Other Exchanges
Address
26 Huaxia Road, 33rd Floor, Agile Center, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623
Agile Group is one of the largest Chinese developers listed (2005) on the Hong Kong Exchange. Its main business is property development, with a land bank spread across China and overseas, including key cities in Zhongshan, Guangzhou, and Hainan. Agile spun off its complementary property management business A-Living Services on the Hong Kong Exchange in February 2018; we believe this business is poised to enjoy healthy organic and inorganic growth in gross floor area under management. The company also operates a commercial portfolio consisting of hotels and investment properties, as well as construction. Its environmental business covers waste and water treatment, currently operating in an initial growth phase.

Agile Group Holdings (Agile Group Holdings) Headlines