GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » CoCreation Grass Co Ltd (SHSE:605099) » Definitions » Intangible Assets

CoCreation Grass Co (SHSE:605099) Intangible Assets : ¥225 Mil (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is CoCreation Grass Co Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. CoCreation Grass Co's intangible assets for the quarter that ended in Mar. 2025 was ¥225 Mil.


CoCreation Grass Co Intangible Assets Historical Data

The historical data trend for CoCreation Grass 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.

CoCreation Grass Co Intangible Assets Chart

CoCreation Grass Co Annual Data
Trend Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.26 211.31 211.53 240.31 227.51

CoCreation Grass 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 236.69 232.22 231.19 227.51 225.50

CoCreation Grass 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.


CoCreation Grass Co  (SHSE:605099) 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.


CoCreation Grass Co Intangible Assets Related Terms

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


CoCreation Grass Co Business Description

Traded in Other Exchanges
N/A
Address
66 Guangzhou East Road, Economic Development Zone, Huaian District, Jiangsu Province, Huaian, CHN, 223001
CoCreation Grass Co Ltd is a manufacturer of artificial grass providing the artificial turf for both athletic and landscape purposes. The company's products include football turf, hockey turf, rugby turf, tennis turf, and multi-sport turf and landscape grass.
Executives
Han Zhi Cheng senior management
Li Lan Ying senior management
Xiao Hui Shu senior management
Chen Guo Qing senior management
Chen Jin Gui senior management
Zhao Chun Gui senior management
Jiang Shi Yi Directors, senior managers

CoCreation Grass Co Headlines

No Headlines