Company: CCHH
Filing Date: 2025-06-26
Form Type: DRS
Source: 0001213900-25-058036
Chunk: 162

Company: CCH Holdings Ltd
Filing Date: 2025-06-26
Form: DRS
Chunk 162
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 realized value represented by estimated selling prices in the ordinary course of business, less reasonably predictable costs of disposal and transportation. Cost of inventories are computed using first -in, first -outmethod. Inventories are written down to estimated net realizable value, which could be impacted by certain factors including historical usage, expected demand, anticipated sales price, product shelf life, product obsolescence, and other factors. The Group periodically reviews its inventories for excess or slow -movingitems and makes provisions as necessary to properly reflect inventory value. No inventory write -downsof were recorded for years ended December 31, 2023 and 2024, respectively. (i)Property and equipment, net Property and equipment are stated at cost less accumulated depreciation and impairment, if any, and depreciated on a straight -linebasis over the estimated useful lives of the assets. Freehold land is not depreciated but is subject to impairment test if there is an indication of impairment. Cost represents the purchase price of the asset and other costs incurred to bring the asset into its intended use. Residual value rate is determined to be 0% based on the economic value of the property and equipment at the end of the estimated useful lives as a percentage of the original cost. Estimated useful lives are as follows:

| Category               |     | Estimated useful lives                                                 |
| Freehold building      |     | 50 years                                                               |
| Leasehold improvements |     | Shorter of the lease terms or the estimated useful lives of the assets |
| Equipment              |     | 10 years                                                               |
| Furniture and fixtures |     | 10 years                                                               |
| Computers              |     | 3 years                                                                |

Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterments which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of operations and comprehensive income in operating expenses. (j)Intangible assets, net Intangible assets consist of software and brand name. Intangible assets with finite lives Intangible assets with finite lives are software, which are carried at acquisition cost less accumulated amortization and impairment, if any. Finite -livedintangible assets are tested for impairment when impairment indicators arise. Amortization of intangible assets with finite lives are computed using the straight -linemethod over