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Allurefem Holding (HKSE:08305) Intangible Assets : HK$0.0 Mil (As of Jun. 2024)


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What is Allurefem Holding Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Allurefem Holding's intangible assets for the quarter that ended in Jun. 2024 was HK$0.0 Mil.


Allurefem Holding Intangible Assets Historical Data

The historical data trend for Allurefem Holding'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.

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Allurefem Holding Intangible Assets Chart

Allurefem Holding Annual Data
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Intangible Assets
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Allurefem Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 4.00 - - -

Allurefem Holding 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.


Allurefem Holding  (HKSE:08305) 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.


Allurefem Holding Intangible Assets Related Terms

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Allurefem Holding Business Description

Traded in Other Exchanges
N/A
Address
148 Electric Road, Room 2502, 25th Floor, North Point, Hong Kong, HKG
Allurefem Holding Ltd Formerly Tong Kee (Holding) Ltd is a multi-disciplinary contractor in Hong Kong. The company provides various services such as E&M Works, Civil Works, Steel Works, and others. It offers its services to the Construction Industry, Registers of the Buildings Department, Minor Works contractors in Class I, II, and III of all types of Specialist contractors, and others. The company's reportable segments are RMAA works projects, New construction works projects, and Corrosion protection works projects. It generates a majority of its revenue from the RMAA works projects. Geographically, the company generates the majority of its revenue from Hong Kong.
Executives
Advanced Pacific Enterprises Limited 2101 Beneficial owner
Heung Chung Sum 2201 Interest of corporation controlled by you
China Innovation Investment Limited 2101 Beneficial owner

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