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Telecom Service One Holdings (HKSE:03997) Intangible Assets : HK$0.00 Mil (As of Sep. 2024)


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What is Telecom Service One Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Telecom Service One Holdings's intangible assets for the quarter that ended in Sep. 2024 was HK$0.00 Mil.


Telecom Service One Holdings Intangible Assets Historical Data

The historical data trend for Telecom Service One 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.

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Telecom Service One Holdings Intangible Assets Chart

Telecom Service One Holdings Annual Data
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Telecom Service One Holdings Semi-Annual Data
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Telecom Service One 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.


Telecom Service One Holdings  (HKSE:03997) 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.


Telecom Service One Holdings Intangible Assets Related Terms

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Telecom Service One Holdings Business Description

Traded in Other Exchanges
N/A
Address
59 Tai Yip Street, Unit C, 3/F, Sunshine Kowloon Bay Cargo Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Telecom Service One Holdings Ltd is an investment holding company. The company is engaged in the provision of repair and refurbishment services for mobile phones and other personal electronic products as well as the sales of related accessories and provision of supportive services. Geographically, the company derives all of its revenue from Hong Kong and also has a presence in PRC and Macau. Repairing service generates maximum revenue for the company.
Executives
Cheung King Fung Sunny 2101 Beneficial owner
Cheung King Chuen Bobby 2101 Beneficial owner
Cheung King Shek 2101 Beneficial owner
Cheung King Shan 2101 Beneficial owner
Yeung Ho Ki 2202 Interest of your spouse
Tang Fung Yin Anita 2202 Interest of your spouse
Hsbc International Trustee Limited 2301 Trustee

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