Thai Rubber Latex Group PCL (BKK:TRUBB-W2-R) Intangible Assets: ฿970.96 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Thai Rubber Latex Group PCL Intangible Assets?

Thai Rubber Latex Group PCL BKK:TRUBB-W2-R 32 Intangible Assets is ฿970.96 Mil as of Mar. 2026. GuruFocus rates BKK:TRUBB-W2-R with a GF Score™ of 32/100. The stock has 8 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Thai Rubber Latex Group PCL's intangible assets for the quarter that ended in Mar. 2026 was ฿970.96 Mil.


Thai Rubber Latex Group PCL  (BKK:TRUBB-W2-R) 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.


Thai Rubber Latex Group PCL Intangible Assets Related Terms


Thai Rubber Latex Group PCL Intangible Assets Historical Data

* Premium members only.

The historical data trend for Thai Rubber Latex Group PCL'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.

Thai Rubber Latex Group PCL Intangible Assets Chart

Thai Rubber Latex Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,099.12 1,059.54 1,034.92 1,007.80 985.91

Thai Rubber Latex Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,004.20 997.24 993.19 985.91 970.96

Thai Rubber Latex Group PCL 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ฿970.96 Mil mean?
Thai Rubber Latex Group PCL (BKK:TRUBB-W2-R) has a Intangible Assets of ฿970.96 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Thai Rubber Latex Group PCL and its competitors.
Is Thai Rubber Latex Group PCL's Intangible Assets too high?
Thai Rubber Latex Group PCL's current Intangible Assets is ฿970.96 Mil. Overall, Thai Rubber Latex Group PCL has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Thai Rubber Latex Group PCL's Intangible Assets compare to LIN and SHW?
Thai Rubber Latex Group PCL's Intangible Assets of ฿970.96 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Chemicals company?
A good Intangible Assets depends on the Chemicals industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Thai Rubber Latex Group PCL and its competitors. Thai Rubber Latex Group PCL's current Intangible Assets is ฿970.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Rubber Latex Group PCL stock overvalued right now?
Thai Rubber Latex Group PCL (BKK:TRUBB-W2-R) has a current Intangible Assets of ฿970.96 Mil. The current Intangible Assets is ฿970.96 Mil. Thai Rubber Latex Group PCL's overall GF Score™ is 32/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Thai Rubber Latex Group PCL (BKK:TRUBB-W2-R), the current Intangible Assets is ฿970.96 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thai Rubber Latex Group PCL Business Description

Other Exchanges TRUBB:Thailand
Address Number 99/1-3 Moo 13, Bangna-Trad Road, K.M. 7, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Thai Rubber Latex Group PCL is engaged in the comprehensive rubber businesses covering the whole value chain of rubber and latex products, which include the rubber plantation in Thailand, the producer of latex concentrate and latex rubber, latex rubber thread, latex foam mattress, and rubber gloves. The company operates in Concentrated and pre-vulcanized latex, latex products, and Plantation segments. It has a geographic presence in Thailand, the PRC, the Republic of Korea, and other countries, of which key revenue is derived from Thailand.