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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Hap Seng Consolidated Bhd's intangible assets for the quarter that ended in Mar. 2026 was RM60 Mil.
Hap Seng Consolidated Bhd (XKLS:3034) 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.
Hap Seng Consolidated Bhd Intangible Assets Related Terms
Hap Seng Consolidated Bhd 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.
Hap Seng Consolidated Bhd 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.
Hap Seng Consolidated Bhd (XKLS:3034) has a Intangible Assets of RM60 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Hap Seng Consolidated Bhd and its competitors.
Is Hap Seng Consolidated Bhd's Intangible Assets too high?
Hap Seng Consolidated Bhd's current Intangible Assets is RM60 Mil. Overall, Hap Seng Consolidated Bhd has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hap Seng Consolidated Bhd's Intangible Assets compare to MMM and HON?
Hap Seng Consolidated Bhd's Intangible Assets of RM60 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Intangible Assets depends on the Conglomerates 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 Hap Seng Consolidated Bhd and its competitors. Hap Seng Consolidated Bhd's current Intangible Assets is RM60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hap Seng Consolidated Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd (XKLS:3034) is currently considered Fairly Valued. The stock's GF Value™ is RM2.87, compared to a current price of RM2.74 — trading 4.5% below its estimated fair value. The current Intangible Assets is RM60 Mil. Hap Seng Consolidated Bhd's overall GF Score™ is 60/100 with 6 warning signs 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 Hap Seng Consolidated Bhd (XKLS:3034), the current Intangible Assets is RM60 Mil as of Mar. 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 Hap Seng Consolidated Bhd (XKLS:3034) Overvalued in 2026?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd stock appears to be undervalued.
The current stock price of RM2.74 is trading 4.5% below its estimated GF Value™ of RM2.87.
GuruFocus considers Hap Seng Consolidated Bhd to be Fairly Valued.
Key valuation signals for XKLS:3034:
Intangible Assets: RM60 Mil
GF Value™: RM2.87 vs. price of RM2.74 (4.5% below fair value)
No single metric tells the full story. See the XKLS:3034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hap Seng Consolidated Bhd is an investment holding company. Its segment comprises: Plantation engaged in the cultivation of oil palm and processing of fresh fruit bunches; Property consists of Property investment, property development, and hospitality; Credit financing consists provision of financial services; Automotive engaged in trading in motor vehicles, spare parts and servicing of motor vehicles; Trading consists of Trading and distribution of fertilizers and agro-chemical, trading of general building materials and petroleum products; and Building materials comprise operation of stone quarries and asphalt plants, manufacture of bricks and tiles, distribution and others. The majority of the revenue is generated in Malaysia with smaller operations in Other Asian countries.
60GF 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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