QKLS (QKL Stores) Intangible Assets: $0.6 Mil (As of Dec. 2015)

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What is QKL Stores Intangible Assets?

QKL Stores QKLS Intangible Assets is $0.6 Mil as of Dec. 2015.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. QKL Stores's intangible assets for the quarter that ended in Dec. 2015 was $0.6 Mil.

QKL Stores  (OTCPK:QKLS) 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.

QKL Stores Intangible Assets Related Terms

QKL Stores Intangible Assets Historical Data

* Premium members only.

The historical data trend for QKL Stores'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.

QKL Stores Intangible Assets Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.10 0.73 0.72 0.68 0.62

QKL Stores Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.68 0.68 0.67 0.64 0.62

QKL Stores 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 $0.6 Mil mean?
QKL Stores (QKLS) has a Intangible Assets of $0.6 Mil as of Dec. 2015. Intangible assets include patents, goodwill and trade secrets. View historical data on QKL Stores and its competitors.
Is QKL Stores' Intangible Assets too high?
QKL Stores' current Intangible Assets is $0.6 Mil.
How does QKL Stores' Intangible Assets compare to IFMK and HWIN?
QKL Stores' Intangible Assets of $0.6 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Intangible Assets depends on the Retail - Defensive 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 QKL Stores and its competitors. QKL Stores's current Intangible Assets is $0.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QKL Stores stock overvalued right now?
QKL Stores (QKLS) has a current Intangible Assets of $0.6 Mil. The current Intangible Assets is $0.6 Mil. 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 QKL Stores (QKLS), the current Intangible Assets is $0.6 Mil as of Dec. 2015. 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.

QKL Stores Business Description

Address 4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.