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New Asia Holdings (New Asia Holdings) Intangible Assets : $0.00 Mil (As of Sep. 2023)


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What is New Asia Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. New Asia Holdings's intangible assets for the quarter that ended in Sep. 2023 was $0.00 Mil.


New Asia Holdings Intangible Assets Historical Data

The historical data trend for New Asia 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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New Asia Holdings Intangible Assets Chart

New Asia Holdings Annual Data
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New Asia Holdings Quarterly Data
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New Asia 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.


New Asia Holdings  (OTCPK:NAHD) 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.


New Asia Holdings Intangible Assets Related Terms

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New Asia Holdings (New Asia Holdings) Business Description

Traded in Other Exchanges
N/A
Address
80 Tras Street, Suite 01-03, Singapore, SGP, 079019
New Asia Holdings Inc is engaged in developing and deploying its proprietary, neural trading models for the financial community. It offers trading software solutions to clients on the basis of a software-as-a-service (SaaS) licensing and delivery models with licensed users availing of service-based contractual arrangements. The company's products capitalize the large volume of the 24 hour Forex markets to achieve capital appreciation over a medium- to long-term basis, combined with the usage of a good wealth vehicle designed to control risk, profit from both bull or bear markets, and maximize liquidity and economic resilience.
Executives
Lin Kok Peng Jeffrey director, 10 percent owner 8 UBI ROAD, #02-07, ZERVEX U0 408538
Ng Anthony Zi Qin 10 percent owner 102 GERALD DRIVE, #04-75, SELETAR SPRINGS, SINGAPORE U0 798593
Scott C. Kline director 15615 ALTON PKWY #450, IRVINE CA 92618
Lim Allister Wee Sing director 111 NORTH BRIDGE ROAD,, #11-04 PENINSULA PLAZA, SINGAPORE U0 179098

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