Company: CCHH
Filing Date: 2025-09-12
Form Type: F-1/A
Source: 0001213900-25-087080
Chunk: 174

Company: CCH Holdings Ltd
Filing Date: 2025-09-12
Form: F-1/A
Chunk 174
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 it is more likely than not that the asset is impaired in accordance with ASC 350. The Group first performs a qualitative assessment to assess all relevant events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite -livedintangible asset. If after performing the qualitative assessment, the Group determines that it is more likely than not that the indefinite -livedintangible asset is impaired, the Group calculates the fair value of the intangible asset and performs the quantitative impairment test by comparing the fair value of the asset with its carrying amount. If the carrying amount of an indefinite -livedintangible asset exceeds its fair value, the Group recognizes an impairment loss in an amount equal to that excess. In consideration of the growing catering industry in Southeast Asia, the stable macroeconomic conditions in Malaysia, the Group’s improving profitability performance, and the Group’s future development plans, the Group determined that it is not likely that the brand name of “Zi Wei Yuan” was impaired as of December 31, 2023 and 2024, respectively. As such, no impairment of indefinite -livedintangible assets was recognized for the years ended December 31, 2023 and 2024. (k)Impairment of long-lived assets Long -livedassets deployed at company -ownedrestaurants include (i) property and equipment, (ii) operating lease right -of -useasset, net of the related operating lease liabilities, (iii) finance lease right -of -useasset, net of the related finance lease liabilities, and (iv) intangible assets with finite lives. The Group reviews its long -livedassets for impairment periodically whenever events or changes in circumstances indicate that the carrying amount of an asset may no longer be recoverable. If circumstances require a long -livedasset or asset group to be tested for possible impairment, an evaluation for impairment is performed at the lowest level of identifiable cash flows that are expected to generate from the use of the assets and their eventual disposition, which is at the individual restaurant level. If the sum of the expected undiscounted cash flow is less than the carrying amount of the assets, the Group would recognize an impairment loss, which is the excess of carrying amount over the fair value of the assets, which is determined through various valuation techniques including discounted cash flow models, quoted market values and third -partyindependent appraisals, as considered necessary. For the years ended December 31, 2023 and 2024, no impairment of long -