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MakingORG (MakingORG) Intangible Assets : $0.00 Mil (As of Dec. 2022)


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What is MakingORG Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. MakingORG's intangible assets for the quarter that ended in Dec. 2022 was $0.00 Mil.


MakingORG Intangible Assets Historical Data

The historical data trend for MakingORG'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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MakingORG Intangible Assets Chart

MakingORG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intangible Assets
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MakingORG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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MakingORG 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.


MakingORG  (OTCPK:CQCQ) 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.


MakingORG Intangible Assets Related Terms

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MakingORG (MakingORG) Business Description

Traded in Other Exchanges
N/A
Address
385 S. Lemon Avenue, No. E 301, Walnut, CA, USA, 91789
Website
MakingORG Inc, along with its subsidiaries, purchases Acer truncatum Bunge seed oil from China and outsources it to third parties to manufacture Acer truncatum Bunge-related health products and sell to end-users and distributors in the United States and China. The company's products include Acer truncatum nervonic acid oil, Acer truncatum seed oil capsule, Acer truncatum edible oil, Acer truncatum oil with nervonic acid formula, Acer truncatum coffee, Acer truncatum tea, canned Acer truncatum, Acer truncatum cosmetics, Acer truncatum skincare products, hair wash products, and Acer truncatrum food. All of its revenues come from the People's Republic of China.
Executives
Juanzi Cui director, 10 percent owner, officer: President, CEO, CFO, Secretary 11-3, LIUJIN BUILDING HUAYU PLAZA CHONGQING F4 400030

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