ECXJ (CXJ Group Co) Goodwill: $0.52 Mil (As of Feb. 2011)

What is CXJ Group Co Goodwill?

CXJ Group Co ECXJ -16.67% Goodwill is $0.52 Mil as of Feb. 2011.

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. CXJ Group Co's goodwill for the quarter that ended in Feb. 2011 was $0.52 Mil.

CXJ Group Co (OTCPK:ECXJ) 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.

CXJ Group Co's Goodwill-to-Asset Ratio for the fiscal year that ended in May. 2010 is calculated as

Goodwill-to-Asset (A: May. 2010 )	=	Goodwill	/	Total Assets
	=	0.519	/	2.452
	=	0.21

CXJ Group Co's Goodwill-to-Asset Ratio for the quarter that ended in Feb. 2011 is calculated as

Goodwill-to-Asset (Q: Feb. 2011 )	=	Goodwill	/	Total Assets
	=	0.519	/	2.648
	=	0.20

* 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.

CXJ Group Co Goodwill Related Terms

CXJ Group Co Goodwill Historical Data

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The historical data trend for CXJ Group Co's Goodwill can be seen below:

CXJ Group Co Goodwill Chart

CXJ Group Co Annual Data

Trend

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Goodwill

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4.06

0.52

CXJ Group Co Quarterly Data
	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11
Goodwill	Get a 7-Day Free Trial															0.52	0.52	0.52	0.52	0.52

CXJ 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 $0.52 Mil mean?

CXJ Group Co (ECXJ) has a Goodwill of $0.52 Mil as of Feb. 2011. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on CXJ Group Co and its competitors.

Is CXJ Group Co's Goodwill too high?

CXJ Group Co's current Goodwill is $0.52 Mil.

How does CXJ Group Co's Goodwill compare to HAS and POOL?

CXJ Group Co's Goodwill of $0.52 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?

A good Goodwill depends on the Retail - Cyclical 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 CXJ Group Co and its competitors. CXJ Group Co's current Goodwill is $0.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CXJ Group Co stock overvalued right now?

CXJ Group Co (ECXJ) has a current Goodwill of $0.52 Mil. The current Goodwill is $0.52 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 CXJ Group Co (ECXJ), the current Goodwill is $0.52 Mil as of Feb. 2011. 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.

CXJ Group Co Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies TSE:4661 LSE:CCL HKSE:02020 TSE:7309 TSE:7832 HAS TSE:7951 POOL PTON HKSE:02331 PLNT SZSE:300144 TSE:7731 BC MAT SIX FUN TSE:8111 TSX:TOY TSE:7458

Address Xintiandi Business Center, No. 7 Anqiaogang Road, Room 401, 4th Floor, East Block Building 5, Gongshu District, Zhejiang Province, Hangzhou City, CHN, 310017

Website http://www.ecxj.net

CXJ Group Co Ltd is engaged in the wholesale of automobile aftermarket products and provision of auto detailing store consultancy services. It operates through sales of automobile aftermarket products, authorization fees on its brand name Chejiangling / Teenage Hero Car, and consultancy services for auto detailing stores, including professional training, store standardization, employee training, and ERP system services for information management and operations. Its segments include Brand Name Management Fees and Services, which generate maximum revenue by providing the brand name Chejiangling / Teenage Hero Car to customers, who are authorized to operate their workshops under the Chejiangling / Teenage Hero Car brand name; Motor Oil & Auto Parts; and Exhaust Gas Cleaner and Others.