China Merchants Commercial REIT (FRA:5C3) Goodwill: €0.00 Mil (As of Dec. 2025)


FRA:5C3 China Merchants Commercial REIT FRA:5C3
70 GF Score
Price €0.10
GF Value €0.11
! 7 Warning Signs
View Full Analysis

What is China Merchants Commercial REIT Goodwill?

China Merchants Commercial REIT FRA:5C3 +0.99% 70 Goodwill is €0.00 Mil as of Dec. 2025. GuruFocus rates FRA:5C3 with a GF Score™ of 70/100 and a GF Value™ of €0.11. The stock has 7 warning signs investors should review.

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 Merchants Commercial REIT's goodwill for the quarter that ended in Dec. 2025 was €0.00 Mil.


China Merchants Commercial REIT  (FRA:5C3) 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 Merchants Commercial REIT's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0/1178.973
=0.00

China Merchants Commercial REIT's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=0/1178.973
=0.00

* 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 Merchants Commercial REIT Goodwill Related Terms


China Merchants Commercial REIT Goodwill Historical Data

* Premium members only.

The historical data trend for China Merchants Commercial REIT'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 Merchants Commercial REIT Goodwill Chart

China Merchants Commercial REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

China Merchants Commercial REIT Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FRA:5C3
70GF Score
China Merchants Commercial REIT FRA:5C3
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Commercial REIT 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 Merchants Commercial REIT (FRA:5C3) has a Goodwill of €0.00 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on China Merchants Commercial REIT and its competitors.
Is China Merchants Commercial REIT's Goodwill too high?
China Merchants Commercial REIT's current Goodwill is €0.00 Mil. Overall, China Merchants Commercial REIT has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does China Merchants Commercial REIT's Goodwill compare to BXP and ARE?
China Merchants Commercial REIT's Goodwill of €0.00 Mil can be compared against companies in the REITs 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 REITs company?
A good Goodwill depends on the REITs 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 Merchants Commercial REIT and its competitors. China Merchants Commercial REIT'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 Merchants Commercial REIT stock overvalued right now?
China Merchants Commercial REIT (FRA:5C3) has a current Goodwill of €0.00 Mil. The stock's GF Value™ is €0.11, compared to a current price of €0.10 — trading 7.3% below its estimated fair value. The current Goodwill is €0.00 Mil. China Merchants Commercial REIT's overall GF Score™ is 70/100 with 7 warning signs to review. 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 Merchants Commercial REIT (FRA:5C3), the current Goodwill is €0.00 Mil as of Dec. 2025. 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.

Is China Merchants Commercial REIT (FRA:5C3) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Commercial REIT stock appears to be undervalued. The current stock price of €0.10 is trading 7.3% below its estimated GF Value™ of €0.11.

Key valuation signals for FRA:5C3:

  • Goodwill: €0.00 Mil
  • GF Value™: €0.11 vs. price of €0.10 (7.3% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the FRA:5C3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Merchants Commercial REIT Business Description

Industry Real EstateREITs
Other Exchanges 01503:Hong Kong
Address Connaught Road Central, Room 2603-2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG, 168-200
China Merchants Commercial REIT and its subsidiaries are engaged in the property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre ,Onward Science And Trade Center and Technology Building 2 among others.
70GF Score

Get the complete analysis for FRA:5C3

Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.10
Price
€0.11
GF Value