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Intangible assets, net (Table) - ZHEJIANG TIANLAN
12 Months Ended
Dec. 31, 2023
Amortizable intangible assets

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Amortizable intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

 

 

 

 

 

Patents

 

 

4,150

 

 

 

3,950

 

Others

 

 

165

 

 

 

165

 

 

 

 

 

 

 

 

 

 

 

 

 

4,315

 

 

 

4,115

 

 

 

 

 

 

 

 

 

 

Less: Accumulated amortization

 

 

(2,552 )

 

 

(2,307 )

 

 

 

 

 

 

 

 

 

Net carrying amount

 

 

1,763

 

 

 

1,808

 

 

 

Year ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

RMB’000

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

 

246

 

 

 

257

 

 

 

255

 

Estimated future intangible assets amortization expense

 

 

Future amortization expense

 

 

 

RMB’000

 

 

 

 

 

2024

 

 

246

 

2025

 

 

246

 

2026

 

 

246

 

2027

 

 

246

 

2028

 

 

246

 

Thereafter

 

 

533

 

 

 

 

 

 

Total

 

 

1,763