GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » IKD Co Ltd (SHSE:600933) » Definitions » Intangible Assets

IKD Co (SHSE:600933) Intangible Assets : ¥655 Mil (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is IKD Co Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. IKD Co's intangible assets for the quarter that ended in Mar. 2025 was ¥655 Mil.


IKD Co Intangible Assets Historical Data

The historical data trend for IKD Co'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.

* Premium members only.

IKD Co Intangible Assets Chart

IKD Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 340.58 331.84 577.13 680.17 661.94

IKD Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 673.88 673.56 668.19 661.94 655.29

IKD Co 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.


IKD Co  (SHSE:600933) 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.


IKD Co Intangible Assets Related Terms

Thank you for viewing the detailed overview of IKD Co's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


IKD Co Business Description

Traded in Other Exchanges
N/A
Address
No. 588 Jin Shan Road, Jiangbei Investment Pioneering Park, Zhejiang Province, Ningbo, CHN, 315033
IKD Co Ltd is engaged in manufacturing of aluminum die casting products. The company is mainly engaged in the research and development, production and sales of automotive aluminum alloy precision casting. The production process covers the whole process of the design and development of die-casting tooling, die casting, trimming, heat treatment, precision machining, surface treatment and assembly. Its main products include automotive wiper system, transmission system, steering system, engine system, air condition system, commercial vehicle braking system.
Executives
Dong Li Ping Directors, senior managers
Yang Neng Zhong Directors, senior managers
Yu Guo Hua Directors, senior managers
Zhang Jian Cheng Directors, senior managers
Xi Hai Jun senior management
Wu Fei Supervisors
Fu Long Zhu senior management
Li Jian Jun senior management
He Sheng Hua senior management
Zhao Jun Supervisors
Wu Miao Xin senior management
Sheng Hong Director

IKD Co Headlines

No Headlines