CDXQ (China De Xiao Quan Care Group Co) Goodwill: $0.00 Mil (As of Jun. 2023)


What is China De Xiao Quan Care Group Co Goodwill?

China De Xiao Quan Care Group Co CDXQ Goodwill is $0.00 Mil as of Jun. 2023.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. China De Xiao Quan Care Group Co's goodwill for the quarter that ended in Jun. 2023 was $0.00 Mil.

China De Xiao Quan Care Group Co  (OTCPK:CDXQ) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

China De Xiao Quan Care Group Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill-to-Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/0
=

China De Xiao Quan Care Group Co's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=0/0
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.

China De Xiao Quan Care Group Co Goodwill Related Terms

China De Xiao Quan Care Group Co Goodwill Historical Data

* Premium members only.

The historical data trend for China De Xiao Quan Care Group Co's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China De Xiao Quan Care Group Co Goodwill Chart

China De Xiao Quan Care Group Co Annual Data
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China De Xiao Quan Care Group Co Quarterly Data
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China De Xiao Quan Care Group Co Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of $0.00 Mil mean?
China De Xiao Quan Care Group Co (CDXQ) has a Goodwill of $0.00 Mil as of Jun. 2023. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on China De Xiao Quan Care Group Co and its competitors.
Is China De Xiao Quan Care Group Co's Goodwill too high?
China De Xiao Quan Care Group Co's current Goodwill is $0.00 Mil.
How does China De Xiao Quan Care Group Co's Goodwill compare to CIRX and LCCN?
China De Xiao Quan Care Group Co's Goodwill of $0.00 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Conglomerates company?
A good Goodwill depends on the Conglomerates industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on China De Xiao Quan Care Group Co and its competitors. China De Xiao Quan Care Group Co's current Goodwill is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China De Xiao Quan Care Group Co stock overvalued right now?
China De Xiao Quan Care Group Co (CDXQ) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For China De Xiao Quan Care Group Co (CDXQ), the current Goodwill is $0.00 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China De Xiao Quan Care Group Co Business Description

Address No. 9 Huida Road, Room 515, Block A, Jiangbei New District, Nanjing, CHN, 210031
China De Xiao Quan Care Group Co Ltd focuses on the research and development, branding, and distribution of non-flame smoking devices; development and sale of computer software; and development and management of elder care services, development, and management, and related commodity sales. The Company's elderly care system incorporates integrated control of community elderly care; standardization of home elderly care services; traceable tracking of financial income and expenditure; big data monitoring of health management; big data support of user portrait; convenient and barrier-free operation mode.