Company: CCHH
Filing Date: 2025-08-27
Form Type: F-1
Source: 0001213900-25-081009
Chunk: 169

Company: CCH Holdings Ltd
Filing Date: 2025-08-27
Form: F-1
Chunk 169
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 techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. When available, the Group uses quoted market prices to determine the fair value of an asset or liability. If quoted market prices are not available, the Group will measure fair value using valuation techniques that use, when possible, current market -basedor independently sourced market parameters, such as interest rates and currency rates. Financial instruments of the Group primarily consist of cash and cash equivalents, accounts receivable, amounts due from related parties, interest -freeloan to third parties and deposits included in prepaid expenses and other current assets, bank overdrafts, accounts payable, amounts due to related parties, notes payable, accrued expenses and other F-12 CCH HOLDINGS LTD
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2024 (In U.S. Dollar, except for share data) 2.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) payables, long -termbank loans, operating lease liabilities, and finance lease liabilities. As of December 31, 2023 and 2024, the carrying amounts of these financial instruments are measured at amortized cost, which is approximated to their fair values. The Group’s non -financialassets, such as property and equipment, intangible assets and right -of -useassets, would be measured at fair value only if they were determined to be impaired. (n)Leases At inception of a contract, the Group assesses whether a contract is, or contains, a lease. A contract is or contains a lease if it conveys the right to control the use of an identified asset for a period of time in exchange of a consideration. To assess whether a contract is or contains a lease, the Group assesses whether the contract involves the use of an identified asset, whether it has the right to obtain substantially all of the economic benefits from the use of the asset and whether it has the right to control the use of the asset. The Group classifies a lease as a financing lease at lease commencement when the lease meets any one of the criteria: a)The lease transfers ownership of the underlying asset to the lessee by the end of the lease term. b)The lease grants the lessee an option to purchase the underlying asset