Intangible assets are non-current assets.

Intangible assets are a type of non-current assets, which refer to identifiable non-monetary assets that have no physical form and are owned or controlled by an enterprise. Intangible assets are characterized by usually having legal rights or technical content, such as patent rights, trademark rights, copyrights, and land use rights. These assets cannot be converted into cash within a year and are therefore classified as non-current assets. The recognition of intangible assets needs to meet the conditions that economic benefits may flow into the enterprise and the costs can be measured reliably. Unlike tangible assets, intangible assets have no physical entity and their value is reflected in the rights or technology they represent.

Classification of intangible assets:

1. According to the useful life: indefinite-term intangible assets and limited-term intangible assets;

2. According to the acquisition method: purchase acquisition intangible assets and self-developed intangible assets;

3. According to the scope of use: intangible assets used internally by the enterprise and intangible assets licensed for external use;

4. According to the nature of the assets : Technical intangible assets and non-technical intangible assets;

5. According to the degree of legal protection: intangible assets protected by law and intangible assets not protected by law.

To sum up, intangible assets are a kind of non-current assets, which refer to identifiable non-monetary assets that have no physical form and are owned or controlled by an enterprise. They are characterized by having legal rights or technical content. , cannot be converted into cash within one year. The value of intangible assets is reflected in the rights or technology they represent.

Legal basis:

"Company Law of the People's Republic of China"

Article 27

Shareholders may use Monetary investment can also be made in the form of physical objects, intellectual property rights, land use rights and other non-monetary properties that can be valued in currency and transferred in accordance with the law; however, properties that are not allowed to be used as investment according to laws and administrative regulations are excluded. Non-monetary property used as capital contribution must be evaluated and verified, and the property must not be overvalued or undervalued. If laws and administrative regulations have provisions on valuation and valuation, those provisions shall prevail.