Fitters Diversified Bhd (XKLS:9318) Intangible Assets: RM4.4 Mil (As of May. 2026)

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What is Fitters Diversified Bhd Intangible Assets?

Fitters Diversified Bhd XKLS:9318 Intangible Assets is RM4.4 Mil as of May. 2026. The stock has 5 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Fitters Diversified Bhd's intangible assets for the quarter that ended in May. 2026 was RM4.4 Mil.

Fitters Diversified Bhd  (XKLS:9318) 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.

Fitters Diversified Bhd Intangible Assets Related Terms

Fitters Diversified Bhd Intangible Assets Historical Data

* Premium members only.

The historical data trend for Fitters Diversified Bhd'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.

Fitters Diversified Bhd Intangible Assets Chart

Fitters Diversified Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23 Mar24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.53 5.45 5.37 4.36 4.36

Fitters Diversified Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Nov25 Feb26 May26
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 4.36 4.36 4.36 4.36 4.36

Fitters Diversified 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of RM4.4 Mil mean?
Fitters Diversified Bhd (XKLS:9318) has a Intangible Assets of RM4.4 Mil as of May. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Fitters Diversified Bhd and its competitors.
Is Fitters Diversified Bhd's Intangible Assets too high?
Fitters Diversified Bhd's current Intangible Assets is RM4.4 Mil.
How does Fitters Diversified Bhd's Intangible Assets compare to MMM and HON?
Fitters Diversified Bhd's Intangible Assets of RM4.4 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 Fitters Diversified Bhd and its competitors. Fitters Diversified Bhd's current Intangible Assets is RM4.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitters Diversified Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fitters Diversified Bhd (XKLS:9318) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.03 — trading 25% above its estimated fair value. The current Intangible Assets is RM4.4 Mil. 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 Fitters Diversified Bhd (XKLS:9318), the current Intangible Assets is RM4.4 Mil as of May. 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.

Fitters Diversified Bhd Business Description

Address Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200
Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill, and Investment holding. Its geographical segments include Malaysia, the British Virgin Islands, and Singapore, of which a majority of the revenue is generated within Malaysia.