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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Shin Nippon Air Technologies Co's intangible assets for the quarter that ended in Jun. 2026 was 円1,536 Mil.
Shin Nippon Air Technologies Co (TSE:1952) 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.
Shin Nippon Air Technologies Co Intangible Assets Related Terms
Shin Nippon Air Technologies Co Intangible Assets Historical Data
* 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.
Shin Nippon Air Technologies Co Intangible Assets Chart
Shin Nippon Air Technologies 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.
Shin Nippon Air Technologies Co (TSE:1952) has a Intangible Assets of 円1,536 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Shin Nippon Air Technologies Co and its competitors.
Is Shin Nippon Air Technologies Co's Intangible Assets too high?
Shin Nippon Air Technologies Co's current Intangible Assets is 円1,536 Mil. Overall, Shin Nippon Air Technologies Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin Nippon Air Technologies Co's Intangible Assets compare to TT and JCI?
Shin Nippon Air Technologies Co's Intangible Assets of 円1,536 Mil can be compared against companies in the Construction 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 Construction company?
A good Intangible Assets depends on the Construction 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 Shin Nippon Air Technologies Co and its competitors. Shin Nippon Air Technologies Co's current Intangible Assets is 円1,536 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Nippon Air Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co (TSE:1952) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,543.63, compared to a current price of 円3,240.00 — trading 27.4% above its estimated fair value. The current Intangible Assets is 円1,536 Mil. Shin Nippon Air Technologies Co's overall GF Score™ is 80/100. 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 Shin Nippon Air Technologies Co (TSE:1952), the current Intangible Assets is 円1,536 Mil as of Jun. 2026. 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.
Is Shin Nippon Air Technologies Co (TSE:1952) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co stock appears to be overvalued.
The current stock price of 円3,240.00 is trading 27.4% above its estimated GF Value™ of 円2,543.63.
GuruFocus considers Shin Nippon Air Technologies Co to be Modestly Overvalued.
Key valuation signals for TSE:1952:
Intangible Assets: 円1,536 Mil
GF Value™: 円2,543.63 vs. price of 円3,240.00 (27.4% above fair value)
No single metric tells the full story. See the TSE:1952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Nippon Air Technologies Co Ltd engages in the design, installation, management, and contract work for air conditioning systems, ventilation, environmental protection, temperature and humidity adjustment, dust removal, disinfection, water supply and drainage, sanitation equipment, and electrical equipment.
80GF Score
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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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