v3.25.1
Intangible assets, net
12 Months Ended
Dec. 31, 2024
ZHEJIANG TIANLAN  
Intangible assets, net

10.

Intangible assets, net

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Amortizable intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

 

 

 

 

 

Patents

 

 

4,150

 

 

 

4,150

 

Others

 

 

165

 

 

 

165

 

 

 

 

 

 

 

 

 

 

 

 

 

4,315

 

 

 

4,315

 

 

 

 

 

 

 

 

 

 

Less: Accumulated amortization

 

 

(2,787 )

 

 

(2,552 )

 

 

 

 

 

 

 

 

 

Net carrying amount

 

 

1,528

 

 

 

1,763

 

 

 

 

Year ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

RMB’000

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

 

235

 

 

 

246

 

 

 

257

 

 

At December 31, 2024, estimated future intangible assets amortization expense for each of the next five years and thereafter was as follows:

 

 

 

Future amortization expense

 

 

 

RMB’000

 

 

 

 

 

2025

 

 

235

 

2026

 

 

235

 

2027

 

 

235

 

2028

 

 

235

 

2029

 

 

235

 

Thereafter

 

 

353

 

 

 

 

 

 

Total

 

 

1,528