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Careplus Group Bhd (XKLS:0163) Intangible Assets : RM0.00 Mil (As of Dec. 2023)


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What is Careplus Group Bhd Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Careplus Group Bhd's intangible assets for the quarter that ended in Dec. 2023 was RM0.00 Mil.


Careplus Group Bhd Intangible Assets Historical Data

The historical data trend for Careplus Group 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.

* Premium members only.

Careplus Group Bhd Intangible Assets Chart

Careplus Group Bhd Annual Data
Trend Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.21 0.21 0.21 0.21

Careplus Group Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.21 - - -

Careplus Group 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.


Careplus Group Bhd  (XKLS:0163) 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.


Careplus Group Bhd Intangible Assets Related Terms

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Careplus Group Bhd (XKLS:0163) Business Description

Traded in Other Exchanges
N/A
Address
Lot 17479, Lorong Senawang 3/2, Off Jalan Senawang 3, Senawang Industrial Estate, Seremban, NSN, MYS, 70450
Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company's product consists of Latex exam gloves, Latex surgical gloves and Nitrile exam gloves. Its Latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and the automotive industry. Geographically, it has operations in Central, North and South America, Malaysia, and the other Asia Pacific regions. It generates a vast majority of revenues from Other Asia Pacific and South America.

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