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Antiaging Quantum Living (Antiaging Quantum Living) Intangible Assets : $0.00 Mil (As of Mar. 2024)


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What is Antiaging Quantum Living Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Antiaging Quantum Living's intangible assets for the quarter that ended in Mar. 2024 was $0.00 Mil.


Antiaging Quantum Living Intangible Assets Historical Data

The historical data trend for Antiaging Quantum Living'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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Antiaging Quantum Living Intangible Assets Chart

Antiaging Quantum Living Annual Data
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Antiaging Quantum Living Quarterly Data
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Antiaging Quantum Living 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.


Antiaging Quantum Living  (OTCPK:AAQL) 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.


Antiaging Quantum Living Intangible Assets Related Terms

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Antiaging Quantum Living (Antiaging Quantum Living) Business Description

Traded in Other Exchanges
N/A
Address
133-27 39th Ave, Ths PH2A, Flushing, New York, NY, USA, 11354
Website
Antiaging Quantum Living Inc Formerly Achison Inc is engaged in the advertising business through its website in the New York area. Its current services focus on website development, maintenance, and promotion.The Company recognizes revenue from the display of impression-based advertisements in the contracted period in which the impressions are displayed.
Executives
New Living Ventures Llc 10 percent owner 133-27 39 AVE THS, #PH2A FLUSHING, NEW YORK NY 11354
Sophia 33, Inc. 10 percent owner 135-22 NORTHERN BLVD., 2ND FLOOR, FLUSHING NY 11354
Dingshan Zhang director, 10 percent owner, officer: President 135-22 NORTHERN BLVD 2ND FL, FLUSHING NY 11354
Dazhong 368 Inc 10 percent owner 135-22 NORTHERN BLVD 2ND FL, FLUSHING NY 11354
Li Liuyan director, 10 percent owner 3906 MAIN STREET, 207, FLUSHING NY 11354
Lansdale Inc 10 percent owner 3906 MAIN STREET, 207, FLUSHING NY 11354
Xie Wanjun director, 10 percent owner, officer: President 3906 MAIN STREET, 207, FLUSHING NY 11354

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