Assets are mainly classified according to liquidity, including current assets, long-term investments, fixed assets, intangible assets and other assets. Assets refer to resources formed by past transactions or events of an enterprise, which are owned or controlled by the enterprise and are expected to bring economic benefits to the enterprise.
Current assets refer to assets that can be realized or consumed in 1 year or 1 business cycle above 1 year; Long-term investment refers to investment other than short-term investment; Fixed assets refer to houses, buildings, machines, machinery, means of transport and other equipment, appliances and tools related to production and operation with the service life of an enterprise exceeding 1 year; Intangible assets refer to non-monetary long-term assets without physical form held by enterprises for producing goods or providing services to others or for management purposes; Other assets refer to assets other than current assets, long-term investments, fixed assets and intangible assets, such as long-term deferred expenses.