Asia Cork (STU:6A3) Other Long Term Assets : €1.20 Mil (As of Dec. 2010)

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What is Asia Cork Other Long Term Assets?

Asia Cork's other long-term assets for the quarter that ended in Dec. 2010 was €1.20 Mil.

Asia Cork's quarterly other long-term assets increased from Dec. 2008 (€2.60 Mil) to Dec. 2009 (€3.36 Mil) but then stayed the same from Dec. 2009 (€3.36 Mil) to Dec. 2010 (€1.20 Mil).

Asia Cork's annual other long-term assets increased from Dec. 2008 (€2.60 Mil) to Dec. 2009 (€3.36 Mil) but then declined from Dec. 2009 (€3.36 Mil) to Dec. 2010 (€1.20 Mil).

Asia Cork Other Long Term Assets Historical Data

The historical data trend for Asia Cork's Other Long Term 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.

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Asia Cork Other Long Term Assets Chart

Asia Cork Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Other Long Term Assets

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2.72

4.50

2.60

3.36

1.20

Asia Cork Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10
Other Long Term Assets	Get a 7-Day Free Trial			2.72	4.50	2.60	3.36	1.20

Asia Cork Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Asia Cork (STU:6A3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Asia Cork Inc (STU:6A3) » Definitions » Other Long Term Assets

Comparable Companies

Traded in Other Exchanges

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Address

Website

Asia Cork Incorporated formerly known as Hankersen International Corp., was incorporated under the laws of the State of Delaware on August 1, 1996. On July 11, 2008, the Company's wholly owned subsidiary, Asia Cork Inc., was merged into its parent, the Company, in order to change the name of the Company, after approval by the Board of Directors of the Company according to the Delaware General Corporation Law. As permitted by Delaware General Corporation Law, the Company assumed the name of its wholly owned subsidiary following the merger and now operates under the name Asia Cork Inc. The Company through its subsidiaries is engaged in the development, manufacture and distribution of cork products including cork wood floor, wall and decorating materials. It produces approximately seven series of cork flooring planks with over approximately 50 different patterns, colors and granules. It produces approximately 16 types of cork wallboard and approximately three types of cork art crafts with different patterns. It products include Cork Granule, Cork Sheet and Roll, Glue-down Floor, Floating Floor, Cork Wallboard and Basic Board. All these products utilize staining technology to create different colors. Its cork art crafts include ornaments and decorations. Wallboard could also be used as decorative material. It also sells semi-finished cork products to other manufacturers which use cork granule and sheet roll as raw materials. Cork granule comes in varies sizes and is the early stage of cork material processing. It sells its products directly to customers in China through its own sales team, and it distributes its products to customers overseas through unrelated distributors and sales agents. The countries in which its products were distributed through these sales agents include India, the United States of America, Germany and Japan. The Company competes with Portugal cork manufacturers as its major product is cork stopper used for wine bottles, which usually accounts for one third of its total sales and even higher percentage of profit. Domestically, the Company competes with local mid-sized cork manufacturers. These companies' products are semi-finished cork boards, sheets and roles.

Asia Cork (STU:6A3) Headlines

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