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Hunan Hualian China Industry Co (SZSE:001216) Intangible Assets : ¥105 Mil (As of Mar. 2025)


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What is Hunan Hualian China Industry Co Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Hunan Hualian China Industry Co's intangible assets for the quarter that ended in Mar. 2025 was ¥105 Mil.


Hunan Hualian China Industry Co Intangible Assets Historical Data

The historical data trend for Hunan Hualian China Industry Co'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.

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Hunan Hualian China Industry Co Intangible Assets Chart

Hunan Hualian China Industry Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.62 114.85 111.71 108.04 105.87

Hunan Hualian China Industry Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 107.63 106.57 105.52 105.87 104.84

Hunan Hualian China Industry Co 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.


Hunan Hualian China Industry Co  (SZSE:001216) 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.


Hunan Hualian China Industry Co Intangible Assets Related Terms

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Hunan Hualian China Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Beside Cigu Avenue, Liling Economic Development Zone, Hunan Province, Liling, CHN, 412205
Hunan Hualian China Industry Co Ltd is engaged in the research and development, design, production, and sales of ceramic products. The company's products are mainly daily-use ceramics such as colored glaze ceramics and underglaze colored ceramics and also involve ceramics new materials and industrial ceramics such as electrical ceramics. Its daily ceramic products include tableware, tea sets, wine bottles, coffee sets, toiletries, decorative ornaments, etc. The new materials include bioceramic blocks, wear-resistant zirconia balls, corundum mullite pillars, etc.; and electrical porcelain includes ceramic pillar insulators and other related products.
Executives
Xu Jun Qi Director
Ding Xue Wen Directors, executives
Ling Qing Cai Directors, executives
Zhang Ping Executives
Luo Xin Guo Supervisors
Yi Jin Sheng Supervisors
Peng Long Directors, executives

Hunan Hualian China Industry Co Headlines

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