VPS Securities JSC (STC:VCK) Intangible Assets: ₫208,903 Mil (As of Dec. 2025)


STC:VCK VPS Securities JSC STC:VCK
39 GF Score
Price ₫33,400.00
! 1 Warning Sign
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What is VPS Securities JSC Intangible Assets?

VPS Securities JSC STC:VCK 39 Intangible Assets is ₫208,903 Mil as of Dec. 2025. GuruFocus rates STC:VCK with a GF Score™ of 39/100. The stock has 1 warning sign investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. VPS Securities JSC's intangible assets for the quarter that ended in Dec. 2025 was ₫208,903 Mil.

VPS Securities JSC  (STC:VCK) 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.

VPS Securities JSC Intangible Assets Related Terms

VPS Securities JSC Intangible Assets Historical Data

* Premium members only.

The historical data trend for VPS Securities 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.

VPS Securities JSC Intangible Assets Chart

VPS Securities JSC Annual Data
Trend Dec24 Dec25
Intangible Assets
219,043.51 208,902.61

VPS Securities JSC Semi-Annual Data
Dec24 Dec25
Intangible Assets 219,043.51 208,902.61
STC:VCK
39GF Score
VPS Securities JSC STC:VCK
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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VPS Securities 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 ₫208,903 Mil mean?
VPS Securities JSC (STC:VCK) has a Intangible Assets of ₫208,903 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on VPS Securities JSC and its competitors.
Is VPS Securities JSC's Intangible Assets too high?
VPS Securities JSC's current Intangible Assets is ₫208,903 Mil. Overall, VPS Securities JSC has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does VPS Securities JSC's Intangible Assets compare to MS and GS?
VPS Securities JSC's Intangible Assets of ₫208,903 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Intangible Assets depends on the Capital Markets 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 VPS Securities JSC and its competitors. VPS Securities JSC's current Intangible Assets is ₫208,903 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VPS Securities JSC stock overvalued right now?
VPS Securities JSC (STC:VCK) has a current Intangible Assets of ₫208,903 Mil. The current Intangible Assets is ₫208,903 Mil. VPS Securities JSC's overall GF Score™ is 39/100 with 1 warning sign 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 VPS Securities JSC (STC:VCK), the current Intangible Assets is ₫208,903 Mil as of Dec. 2025. 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.

VPS Securities JSC Business Description

Address 88 Tran Thu Do Street, Yen So Ward, Hanoi, VNM
VPS Securities JSC operates in financial and securities sector. The services offered by the company includes Securities brokerage, Securities trading, Securities investment consulting, Securities underwriting, and other related services.
39GF Score

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

₫33,400.00
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