Intangible assets assessment methods
Intangible asset assessment methods are directly related to the assessment results. In the practice of intangible asset assessment in my country, large errors are often caused by the inability to use scientific methods. It is necessary to conduct in-depth research on the valuation methods of various types of intangible assets, learn from advanced foreign experience, and innovate based on the specific practice of my country's valuation work. There are three main methods for calculating intangible assets: market price method, income method and cost method.
1. Market value method. This law determines the value of intangible assets based on market transactions and applies to patents, trademarks, copyrights, etc. Generally, the license fee for the above-mentioned intangible assets is calculated as a percentage of revenue based on the agreement reached by the parties to the transaction. The main problem with this law is: since most intangible assets do not have market prices, some intangible assets are unique and it is difficult to determine the transaction price. Secondly, intangible assets are generally traded together with other assets, and it is difficult to separate their value separately. .
2. Income method. This method calculates the value of intangible assets based on their economic benefits or the present value of future cash flows. Such as goodwill, franchised agency, etc. The key to this method is how to determine the appropriate discount rate or capitalization rate. This method also has the problem of difficulty in separating the economic benefits of a certain intangible asset. In addition, when a certain technology is still in the early development stage, its intangible assets may not have economic benefits, so this method cannot be used for calculation.
3. Cost method. This method calculates the cost required to replace or reconstruct a certain type of intangible asset. It is applicable to the calculation of the value of intangible assets that can be replaced. It can also estimate the economic benefits brought by the intangible assets to reduce production costs, reduce raw material consumption or prices, reduce waste and more efficient use of equipment, thereby evaluating this The value of some intangible assets. However, due to factors such as whether a certain intangible asset can obtain alternative technologies or the ability to develop alternative technologies, as well as the product life cycle, it is difficult to determine the economic benefits of intangible assets, which limits the application of this method.
Patent technology value evaluation data collection directory
1. Basic company information
1. Industrial and commercial enterprise legal person business license, tax registration certificate, production license, etc.
2． Company profile;
3. Articles of Association;
4. Distribution of corporate marketing network;
5. Enterprise product quality standards;
6. News media and consumers’ reports and evaluations on product quality and services;
7. other.
2. Patent technical information
1. Brief introduction to the R&D status of the client's patented products and brief introduction to the patent developer;
2. Patent certificate and related legal documents such as acceptance, transfer, change (contract) and price payment voucher;
3. Patent specification;
4. Questionnaire on the basic situation of patented technology (see attached table);
5. Patented product project proposal, letter of intent for joint venture and cooperation, feasibility study report or technical transformation plan;
6. Patented technology testing reports, scientific and technological achievement appraisal certificates, patented technology search information, technology reviews by well-known industry experts, etc.;
7. Receipts and vouchers for annual patent application fees, maintenance fees, annual fees and other fees;
8. Industry experts’ opinions on the novelty of the patented technology
9. Patent registration Thin copy
3. Financial information
1. The client’s balance sheet, profit and loss statement or financial income statistics related to patented products in the past five years (including the evaluation base date);
2. Fund investment and cost statistics for patented product development (Table 1);
3. The client’s development plan for the next five years;
4. The client's revenue forecast and preparation instructions for the patented product in the next 3-5 years (Table C).
Four. Other information
1. Patented product award certificate and high-tech enterprise certification.
2． Letter of commitment to pay annual patent maintenance fees on schedule.
3. Commitment letter from the client.