Sunshine Homes Development JSC (HSTC:SSH) Intangible Assets: ₫19,854 Mil (As of Mar. 2026)

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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.
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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.

HSTC:SSH Sunshine Homes Development JSC HSTC:SSH
50 GF Score
Price ₫62,300.00
GF Value ₫28,456.02
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sunshine Homes Development JSC Intangible Assets?

Sunshine Homes Development JSC HSTC:SSH 50 Intangible Assets is ₫19,854 Mil as of Mar. 2026. GuruFocus rates HSTC:SSH with a GF Score™ of 50/100 and a GF Value™ of ₫28,456.02 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Sunshine Homes Development JSC's intangible assets for the quarter that ended in Mar. 2026 was ₫19,854 Mil.


Sunshine Homes Development JSC  (HSTC:SSH) 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.


Sunshine Homes Development JSC Intangible Assets Related Terms


Sunshine Homes Development JSC Intangible Assets Historical Data

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The historical data trend for Sunshine Homes Development JSC'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.

Sunshine Homes Development JSC Intangible Assets Chart

Sunshine Homes Development JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
10,898.16 10,698.16 26,645.78 25,238.35 20,094.95

Sunshine Homes Development JSC 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 23,952.50 22,666.65 21,380.80 20,094.95 19,854.24
HSTC:SSH
50GF Score
Sunshine Homes Development JSC HSTC:SSH
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunshine Homes Development JSC 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 ₫19,854 Mil mean?
Sunshine Homes Development JSC (HSTC:SSH) has a Intangible Assets of ₫19,854 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Sunshine Homes Development JSC and its competitors.
Is Sunshine Homes Development JSC's Intangible Assets too high?
Sunshine Homes Development JSC's current Intangible Assets is ₫19,854 Mil. Overall, Sunshine Homes Development JSC has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunshine Homes Development JSC's Intangible Assets compare to competitors?
Sunshine Homes Development JSC's Intangible Assets of ₫19,854 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Intangible Assets depends on the Real Estate 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 Sunshine Homes Development JSC and its competitors. Sunshine Homes Development JSC's current Intangible Assets is ₫19,854 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Homes Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Sunshine Homes Development JSC (HSTC:SSH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫28,456.02, compared to a current price of ₫62,300.00 — trading 118.9% above its estimated fair value. The current Intangible Assets is ₫19,854 Mil. Sunshine Homes Development JSC's overall GF Score™ is 50/100 with 3 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 Sunshine Homes Development JSC (HSTC:SSH), the current Intangible Assets is ₫19,854 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.

Is Sunshine Homes Development JSC (HSTC:SSH) Overvalued in 2026?

Based on GuruFocus' analysis, Sunshine Homes Development JSC stock appears to be overvalued. The current stock price of ₫62,300.00 is trading 118.9% above its estimated GF Value™ of ₫28,456.02. GuruFocus considers Sunshine Homes Development JSC to be Significantly Overvalued.

Key valuation signals for HSTC:SSH:

  • Intangible Assets: ₫19,854 Mil
  • GF Value™: ₫28,456.02 vs. price of ₫62,300.00 (118.9% above fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the HSTC:SSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunshine Homes Development JSC Business Description

Address 9th Floor, Sunshine Center building, 16 Pham Hung Street, My Dinh 2 Ward, Nam Tu Liem District, Hanoi City, VNM
Sunshine Homes Development JSC is engaged in the development and trading of real estate projects, motor vehicle rental, and management consultancy activities. The Company also conducts real estate business, including land use rights owned, used or leased, finishing of construction works, construction of residential and non-residential buildings, and real estate consultancy, brokerage, and management services. Its projects include Sunshine Marina Mui Ne - Hilltop Hotels & Resorts in Mui Ne Ward, Lam Dong Province; Sunshine Golf & Resort Lang Co in Lang Co, Hue; Noble Palace Tay Thang Long in O Dien, Hanoi City; Noble Palace Garden in Dan Phuong, Hanoi City; Noble Crystal Tay Ho WorldHotels Residence in Phu Thuong Ward, Hanoi City; and Noble Palace Tay Ho in Phu Thuong Ward, Hanoi City.
50GF Score

Get the complete analysis for HSTC:SSH

Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫62,300.00
Price
₫28,456.02
GF Value