GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suprema HQ Inc (XKRX:094840) » Definitions » Intangible Assets

Suprema HQ (XKRX:094840) Intangible Assets : ₩378 Mil (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Suprema HQ Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Suprema HQ's intangible assets for the quarter that ended in Sep. 2024 was ₩378 Mil.


Suprema HQ Intangible Assets Historical Data

The historical data trend for Suprema HQ'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.

Suprema HQ Intangible Assets Chart

Suprema HQ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,162.30 1,298.73 2,294.71 3,266.71 368.01

Suprema HQ Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 349.56 368.01 363.45 371.70 377.92

Suprema HQ 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.


Suprema HQ  (XKRX:094840) 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.


Suprema HQ Intangible Assets Related Terms

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


Suprema HQ Business Description

Traded in Other Exchanges
N/A
Address
16F Parkview Office Tower, Jeongja-dong, Bundang-gu, Gyeonggi-do, Seongnam, KOR, 463-863
Suprema HQ Inc is a South Korean based company operates in the technology business. It is primarily engaged in the manufacturing of biometrics and security-related products. The products offered by the company access control, and time and attendance platforms, biometric devices, RFID devices, authentication and enrollment scanners and SDK products; and document readers and other products. The company serves various sectors such as private and public, industrial, transportation and other. Geographically the business activities are performed through the region of South Korea and it derives revenue through the sale of mentioned products.

Suprema HQ Headlines

No Headlines